Volvo Cars to Cut 2,500 Jobs as Q3 Revenue Falls 22.6%
Volvo Cars will cut 2,500 jobs globally, reduce costs, and restructure to combat falling sales and profitability.
Zeekr 7X Begins South Korea Deliveries, Targets 14 Showrooms by Year-End
Zeekr has begun delivering its all-electric SUV, the 7X, in South Korea, with over 1,000 preorders received.
All-Electric smart #2 Set to Launch on Nov. 5 With Up to 410 km CLTC Range
The new all-electric smart #2 launches on November 5, focusing on urban commuting with compact dimensions and competitive pricing around RMB 100,000.
Pony.ai Teams Up With inDrive and NVIDIA for Kazakhstan Robotaxi
Pony.ai partners with inDrive and NVIDIA to launch Level 4 autonomous ride-hailing services in Kazakhstan.
Firefly Unveils 60-kWh Battery Pack After 90K Deliveries, BaaS Rent Starts at $89.8
NIO’s Firefly launched a 60-kWh battery pack with pricing starting at RMB 599 monthly and 560 km range.
BYD Partners With Gentari to Explore Megawatt Flash Charging in Malaysia
BYD and Gentari sign a MoU to explore high-power flash charging infrastructure in Malaysia, addressing growing EV demands and public charging gaps.
SAIC Motor and Qingtao Commission 10 GWh Solid-State Battery Plant
Qingtao Energy launched its solid-state battery project, aiming for significant production by 2026.
Audi China Names Its First Chinese President, to Take Office Nov. 1
Jeff Zhang will lead Audi China from November 1, marking a significant management change amid declining sales.
Huawei-Backed Luxeed Targets Australia in Mid-2027 With Luxury MPV
Luxeed, a luxury automotive brand by Huawei and Chery, plans to launch in Australia by mid-2027.
Europe’s Auto Market Grows 10.2% in September as Chinese Brands Gain Share
In September 2026, new car registrations in Europe rose 10.2% year on year, with significant growth in electric vehicle sales.
