Automundo China

Over a year after its $1B deal, Chinese automaker has yet to begin work on its planned plant in Türkiye, OSD Chairman Eroldu says

Renault’s electric vehicle division, Ampere, announced a significant partnership on Thursday with Chinese investors, including CICC Capital PE, to launch an investment fund aimed at accelerating innovation in the EV sector. The deal was finalized in Hangzhou, a major city in eastern China, known for its tech and innovation ecosystem, Azernews reports, citing Korean media.

Australian electric vehicle sales reached 15% in June 2025 led by Tesla's resurgence and BYD's PHEV assault.

Tesla has contacted the Arizona Department of Transportation to begin the certification process for autonomous vehicle ride-sharing.

SHANGHAI/BEIJING (Reuters) -China's Chery and BYD improperly claimed a combined $53 million in government subsidies for eco-friendly vehicles sold in the five years to 2020, accounting for nearly 60% of improper claims, an industry ministry audit found. Chery had 7,663 vehicles disqualified while BYD had 4,973. The ministry, Chery and BYD did not reply to requests for comment.

TSMC has confirmed that it will phase out its gallium nitride (GaN) foundry operations within two years, which is expected to shake the industry given its role as the global leader in GaN wafer fabrication. The move has drawn attention to Navitas Semiconductor, a key TSMC GaN client that first disclosed the exit before TSMC confirmed it. Navitas, now parting ways with its long-time partner, is actively searching for alternative foundry partners.

CATL's share in June increased by 0.8 percentage points compared to May, while BYD's decreased by 1.02 percentage points.