Automundo China

CNGR Morocco New Energy has launched EV battery production in Morocco to cater to European and North American demands. Located near Jorf Lasfar port, the facility focuses on producing nickel-based precursor cathode materials. This initiative is part of a $2 billion investment aimed at developing a comprehensive industrial framework for battery materials. Future plans include expanding production to lithium-iron phosphate (LFP) materials and advanced battery recycling techniques. The plant is projected to power over 1 million electric vehicles annually. This expansion enhances Morocco’s role in the EV supply chain and underscores the growing impact of Chinese firms in global markets.

Chinese-African joint venture is latest company to find way past Western trade barriers while leveraging region’s abundant battery materials.

Even models priced below 100,000 yuan (US$13,914) will have basic autonomous-driving features, according an industry body.

In the Chinese automotive industry, the traditional term 'EV (electric vehicle)' has been replaced by the new term 'EIV (electric intelligent vehicle)'.

The electric vehicle (EV) market is experiencing rapid growth and offers substantial investment opportunities. Key players like Tesla, Baidu, and Shell are strategically positioned to benefit from the surge in EV adoption. Investors should pay attention to companies like Vale and Genuine Parts, which are integral to the EV supply chain. The global EV market is forecasted to reach $802.81 billion by 2027, highlighting the importance of sustainable technology. Staying informed about these evolving companies can enhance your investment strategy in the booming EV sector. The electric vehicle (EV) market is igniting an investment frenzy, and savvy investors are revving

U.S. President Donald Trump on Saturday ordered 25% tariffs on Canadian and Mexican imports and 10% on goods from China starting on Tuesday and declared that they would remain in place until a national emergency over the drug fentanyl and illegal immigration to the U.S. ends.

The new levies on America’s top trade partners could drive prices higher for cars, electronics, lumber and more, threatening to crimp an economy that the president has vowed to improve.

It's been over seven years since Elon Musk first teased the second-generation Tesla Roadster, a futuristic sports car promising jaw-dropping acceleration and a rocket-powered boost. Yet, here we are in 2025 and the Roadster is still nowhere to be seen on public roads. Meanwhile, Chinese automaker BYD has stolen the spotlight with a real, functioning electric hypercar that performs like a beast and comes with an outrageous party trick: it can jump over potholes, police spikes and other obstacles.

Toyota maintains its position as the top-selling automaker with 10.82 million vehicles sold, despite a significant domestic sales drop. A 21.1% increase in Toyota’s hybrid sales highlights a global shift toward eco-friendly transportation, especially in North America. BYD, a leader in the electric vehicle market, reports a 41.3% increase in global sales, surpassing industry veterans like Honda and Nissan. BYD’s success is attributed to effective pricing strategies and innovative technologies. The automotive industry is undergoing a pivotal transformation focused on sustainability and electrification. The automotive landscape of 2024 is evolving rapidly, marked by a thrilling clash of industry giants. Once