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.

Europe’s First Commercial Robotaxi Service Launches in Croatia Through Uber, Pony.ai, and Verne Partnership

Uber, Pony.ai, and Verne launch Europe's first commercial robotaxi service in Zagreb, Croatia, marking a significant advancement in autonomous mobility.

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.

JD.com Partners with Top Tire Brands to Expand Market Share in Post-COVID Era

China's leading e-commerce giant, JD, has launched a campaign to expand its market share in the tire market, which is expected to witness growth...

Changan’s Latest Yida Sedan Features Baidu’s Ernie Bot, Setting New Standards in the Chinese Auto Industry

Changan, a Chinese carmaker, has unveiled its latest creation - the Yida sedan, and it's turning heads for being the first mass-produced vehicle in...

China Takes the Lead in Global Autonomous Vehicle Race with Approval of Driverless Rides

On Friday, Beijing gave the green light for autonomous driving services to operate without in-car safety supervisors for the first time. This marks a...

SAIC Motor’s subsidiary Anji leads Chinese auto exports, shipping 600,000 vehicles globally

Anji, a logistics subsidiary of SAIC Motor, recently dispatched its Ro-Ro cargo vessel, Phoenix, loaded with around 1,000 MG vehicles, from Ningde, a city...

BMW leads industry transformation with aggressive electrification plan

German automaker BMW is pushing forward with an ambitious electrification plan to lead the industry transformation, despite the challenging international market environment in 2022....

Audi’s transition to electric vehicles: CEO discusses plans for the future

Audi is currently in a state of transition as it aims to establish a strong presence in the electric vehicle market, just as it...

Chinese automakers make significant inroads into European EV market

China's dominance in the new energy vehicle (NEV) sector is on the rise, with Chinese and foreign carmakers exporting 170,000 electric vehicles and plug-in...

Chinese Scientists develops self-learning technology for autonomous vehicles

A research team from Tsinghua University has developed a breakthrough technology in autonomous driving that allows vehicles to self-learn while driving in unfamiliar situations....

BMW’s Global Sales of Battery-Electric Vehicles More Than Double Due to Strong Growth in China

In a major development, BMW announced on Wednesday that it has more than doubled its global sales of battery-electric vehicles (BEVs) year-on-year in the...

China’s Ministry of Natural Resources Releases Guideline for Intelligent-Vehicle Basic Maps

China's Ministry of Natural Resources has taken another significant step towards realizing the country's ambitious goals of developing intelligent-vehicle technology. The Ministry recently released...

JAC reports 41.57% YoY increase in February sales, with 15,700 vehicles exported

Anhui Jianghuai Automobile Group Co Ltd (JAC), one of the leading Chinese automakers, has reported a significant increase in sales for the month of...

U Power Teams Up with fblife.com to Create Customized Vehicles and Experiences

A Chinese startup named U Power made a groundbreaking announcement on Tuesday, unveiling the country's first-ever skateboard chassis-by-wire that is ready for mass production....

Aion’s Y Younger: The Newest and Most Affordable Addition to the Popular Y Family

Aion, the popular Chinese electric carmaker, has unveiled its latest and most affordable addition to the Y family, the Y Younger. Sporting a sleek...

Chinese EV makers expand their global reach, targeting new markets

Chinese electric vehicle (EV) makers are increasing their global presence as more countries shift towards electrification. One such country is Jordan, where hundreds of...

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