The German luxury carmaker said net profits tanked by more than a third last year, and warned that 2025 was also likely to be ...

Technology has secured a new design win with a top 5 NEV automaker in China. This automaker, part of a major global automotive ...

Foreign carmakers are adjusting their operational strategies in China as they seek to prevent losing further ground to local vehicle companies amid intense competition in the world's largest vehicle ...

Since 2015, the firm has benefited from robust NEV demand growth in China. In early 2022, BYD announced it will cease the production of ICE models and transform into a pure NEV manufacturer.

Recent data from AutoTrader reveals a significant trend in the South African used car market: hybrid vehicles are outselling ...

NEV sales saw a 33.3% increase in Q1 2024. The Chinese motor insurance market is projected to grow at a compound annual growth rate (CAGR) of 5.4% from $127.4b in 2024 to $158.9b by 2028 ...