Author: News Desk

Shanghai-based Saic Motor and Huawei Device Company Limited have joined forces to launch New Energy Vehicles (NEVs) to lift smart intelligent mobility. On February 21, Saic Motor and Huawei forged a comprehensive alliance in Shanghai. Their objective is to collaboratively develop the next generation of intelligent new energy vehicles (NEVs) under a new car venture Shangjie. This partnership will focus on product definition, manufacturing, supply chain management, and sales services to develop smart vehicles that are globally competitive, offering users improved intelligence, convenience, and safety. As the agreement outlines, Saic and Huawei’s automotive division will distribute Shangjie models through Huawei’s…

Faraday Future Unveils the Shipment of its First Two FX 6 Camouflaged Prototype Mules to the U.S. The company declared today that its subsidiary FF China had sent two FX 6 camouflaged prototype mules to customs as part of their journey to the U.S. headquarters in Los Angeles. Faraday Future Intelligent Electric Incorporated is a California-based company pioneering a global shared intelligent electric mobility ecosystem. The FX 6 represents a key component in FF’s comprehensive FX product strategy, which focuses on making Advanced Intelligent Electric Vehicles (AIEVs) accessible to mainstream consumers. The camouflaged prototype mules will undergo further testing and…

Stellantis announced Thursday it’s freezing all activity at its Brampton Assembly and Retooling Plant, citing the need to reassess the company’s approach for the launch of next-generation Jeep Compass. Due to the fluctuating conditions in the automotive industry, the company will immediately halt all operations at its Brampton Assembly Plant. In a statement, a company spokesperson clarified that the decision does not alter the company’s previously declared investment plans for Brampton. The industrial plant is temporarily inactive and was in the middle of a $1.3 billion renovation to enable production of the Compass model in multiple versions; conventional gasoline-powered, hybrid,…

Mercedes Benz has unveiled a new cost-cutting strategy to revive sales and margins following a forecast decline in 2025 earnings. On Thursday, Mercedes announced a hefty cost cut of 10% after experiencing nearly one-third decline in 2024 profits, driven by a downturn in China and weak EV sales. The German automotive giant experienced a 28% drop in net profit from the previous year, reaching €10.4 billion ($10.8 billion). while revenue also declined by approximately 4% to €145.6 billion. The company announced its intention to reduce production costs by 10% by 2027 to ‘secure the company’s future competitiveness’. “In an increasingly…

Mitsubishi Motors has partnered with Walser Automotive Group to open a new dealership focusing to strengthen their brand portfolio and market presence. Mitsubishi Motors North America, (MMNA) is attracting more dealer interest after unveiling its Momentum 2030 strategic plan. Walser Automotive Group has joined as a new partner, with a new location set to open in Burnsville. This partnership represents an important advancement in Mitsubishi’s strategy to broaden its presence and revitalize its brand in the U.S. market. The Walser Mitsubishi Burnsville dealership, located at 600 W 121st Street, previously home to Walser Experienced Autos is set to launch in…

Singapore companies are barred from private-hire car sales to individuals for three years following registration from February 19. Companies will have to keep their private-hire cars (PHCs) designated for ride-hailing services, for three years before converting or transferring them to individuals. In a statement on February 19, the Land Transport Authority (LTA) declared that this measure aims to stabilize the supply of vehicles used for ride-hailing services. The agency explained that the implementation of the three-year lock-in period will ensure that companies acquiring these vehicles predominantly lease them to drivers providing ride-hailing services. This policy will also prevent businesses from…

BYD is facing a surge in customer complaints after rolling out free smart driving features across its entire electric vehicle lineup. Thousands of recent BYD car buyers are voicing discontent regarding perceived overpayment, as their vehicles contain outdated technology. Between February 11 and February 17, over 4,700 complaints were registered on a Chinese automotive consumer platform. This marks a considerable rise from 150 complaints logged in the previous week and about 500 recorded in January. BYD’s Ocean and Dynasty series ranked among the top 10 vehicles for complaints on website, with many customers criticizing they overpaid because new free features…

Ceredigion County Council is preparing to trial street EV charging points funded by the Welsh Government to meet charging requirements. The scheme will see the establishment of 18 charging stations spread across three locations in the town. After conducting site assessments, the council will pinpoint three appropriate locations in Aberystwyth to host the pilot program. The initiative will create a network of 18 EV charging points, with six units evenly distributed at each selected site. The trial is scheduled to begin in March or April. The council announced that the scheme will address the current and future needs of residents…

Protests have erupted at Tesla showrooms across the United States in response to Elon Musk’s government cost-cutting measures. In response to Musk’s association with President Donald Trump’s administration, many Tesla owners are reportedly ditching their vehicles in protest. Everyday drivers and celebrities are apparently selling their cars to oppose Elon Musk’s leadership of the newly formed Department of Government Efficiency (DOGE) and his wider endorsement of Trump’s policies. Mobs of protesters gathered outside Tesla showrooms in New York, Seattle, Kansas City, and throughout California. Though the protests were dispersed, they underscored the potential risks to Tesla due to Musk’s alignment…

Kia Corporation is gearing up to reveal the much-anticipated Kia EV4, Kia PV5, and the Concept EV2 in Spain on February 27th during Kia EV Day. The EV2 concept will showcase Kia’s new entry-level model for global markets, while the EV4 seems to be a coupe-SUV comparable in size to the Seltos and additionally, the PV5 van will debut as the first Kia model to feature the company’s PBV (Platform-Beyond-Vehicle) platform. Kia’s EV2 concept is poised to be their new base-model electric vehicle, possibly taking the place of the Picanto hatchback in global markets. Preview images show a compact crossover…