Honda Faces Up to $4.33 Billion Loss, Scales Back EV Push in North America
Honda has decided to cancel three EV models planned for North America and may record up to 2.5 trillion yen ($15.7 billion) in asset impairments as it adjusts its EV strategy.
Tesla China February Wholesale Hits 58,599, Taking Top 3 Position
February retail deliveries dropped sharply both YoY and MoM, though export momentum continued.
BMW Group 2025 Revenue Falls 6.3% to €133.45B as China Sales Slump 12.5%
In 2025, BBA all experienced varying degrees of decline in the Chinese market, with total sales for the three brands dropping by nearly 260,000 vehicles.
Hesai Secures Changan L3 Program With Second-Gen Solid-State LiDAR
Hesai has now secured over 160 production nominations from more than 40 automakers, covering all of China’s top ten brands by sales.
Dreame Targets 2027 Mass Production for Solid-State Battery Exceeding 450Wh/kg
Dreame aims to increase its cell energy density to 800Wh/kg by the end of 2027.
Porsche Profit Plunges 92.7% to €413 Million in 2025
Porsche delivered 279,449 vehicles globally, down 10.1%, while China sales dropped 26% to 41,938 units
Inside the NIO 2025 Earnings Media Briefing and What to Expect in 2026
NIO plans to cover a target market 2-3 times larger than last year’s in 2026.
BYD Seagull With LiDAR Spotted Testing, Range Upgraded to 505 km
The upgraded model will feature BYD’s “God’s Eye B” smart driving system and extend range to 505 km with a larger 40.077 kWh battery.
Tesla, Xiaomi and Li Auto Dominate China’s February NEV SUV Rankings
China’s new energy SUV market in February showed a pronounced concentration at the top of the rankings.
Li Auto CEO Considers First-Ever Share Buyback in Hong Kong
In the capital markets, a share buyback is often seen as a signal that management believes the current share price is below its intrinsic value.
