Automotive

Cyngn Secures $9.65 Million in Direct Offering to Fuel Autonomous Vehicle Technology Growth

Cyngn Inc. successfully raises $9.65 million in a registered direct offering to fund its autonomous vehicle technology development and working capital needs.

Dow Plunges into Correction Amid Middle East Tensions and War Fears

Dow Jones Industrial Average enters correction territory as Middle East tensions and Iran war fears drive a broad market sell-off and surge in oil prices.

ASEAN Summit in May to Focus on Critical Issues Amidst Middle East Conflict

ASEAN Summit in May to proceed with a trimmed agenda focusing on key issues like fuel supplies, food prices, and migrant workers, amidst the Middle East conflict.

Huawei’s New AI Chip Gains Traction with ByteDance and Alibaba Amidst Nvidia Restrictions

Huawei's new Ascend 950PR AI chip is gaining significant orders from ByteDance and Alibaba, challenging Nvidia's market share amidst U.S. export restrictions.

India and Russia Deepen Energy Alliance Amidst Global Tensions

India and Russia are strengthening energy ties, increasing crude oil and LNG imports from Russia amidst Middle East tensions and US pressure.

Cyngn Secures $9.65 Million in Direct Offering to Fuel Autonomous Vehicle Technology Growth

Cyngn Inc. successfully raises $9.65 million in a registered direct offering to fund its autonomous vehicle technology development and working capital needs.

NIO Accelerates Growth with Strong February Deliveries and Battery Swap Milestones

NIO reports a significant 57.6% year-over-year increase in February 2026 vehicle deliveries, alongside achieving 100 million battery swaps. Discover the details of their strong performance and milestones.

Tesla Ignites China’s AI Scene with New Training Center for Self-Driving Tech

Tesla launches a new AI training center in China to boost its Full Self-Driving capabilities, addressing data localization laws and intensifying competition in the EV market.

BYD Challenges U.S. Tariffs in Landmark Lawsuit, Seeking Entry for Electric Vehicles

Chinese EV maker BYD sues the U.S. government, challenging tariffs and seeking to open the American market to its electric vehicles.

Pony.ai and Toyota Accelerate Autonomous Future with Mass-Produced Robotaxis in China

Pony.ai and Toyota launch mass-produced robotaxis in China, featuring advanced autonomous driving technology and aiming for large-scale commercial deployment.

China’s EV Export Surge Reshapes Global Auto Market Amidst Western Concerns

Explore the surge in China's EV exports, its impact on the global auto market, and the concerns it raises in the West.

China Unveils New Rules to Regulate International Car Data Transfers, Paving Way for Tech Growth

China has released new rules on cross-border automotive data transfers, detailing requirements and exemptions to facilitate global collaboration while securing sensitive data. Tesla leads as the first foreign carmaker to comply, signaling expansion of autonomous driving in China.

Shanghai Offers Up to 20,000 Yuan in 2026 Car Trade-In Subsidies With Jan. 10, 2027 Cutoff

Shanghai published detailed 2026 trade-in and scrappage subsidy rules that can reach 20,000 yuan for eligible buyers. The policy sets vehicle-age thresholds, documentation requirements, and deadlines through early 2027.

China Bans Hidden Car Door Handles Starting Jan. 1, 2027, Citing Emergency Safety Risks

China will require mechanical interior and exterior door releases on passenger vehicles starting in 2027, accelerating design changes for models using retractable, flush handles. Automakers have until 2029 to update already-approved models.

China’s Dongfeng Eyes Turkish Production for Passenger Cars

Chinese automaker Dongfeng Motor is reportedly in discussions with an investor to establish passenger car production in Turkey. This move signals a growing trend...

Geely Auto Overtakes Volkswagen in China, Securing Second Place Amidst Shifting Market Dynamics

Geely Auto has experienced a significant surge in China's automotive market, surpassing Volkswagen and claiming the second position in sales. This shift underscores the...

Toyota Electrifies Iconic Hilux Pickup for European Market

Toyota has officially unveiled the all-electric version of its legendary Hilux pickup truck at the Brussels Motor Show. This marks a significant step for...

Automakers Slash Prices in China as Competition Intensifies and Sales Decline

Major automakers, including BMW and General Motors, are implementing significant price cuts on a wide range of vehicles in China. This aggressive strategy comes...

EU and China Inch Towards Resolution on Electric Vehicle Tariffs

The European Union and China have taken a significant step towards de-escalating their trade dispute over electric vehicles (EVs). The European Commission has released...

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