Stellantis and Leapmotor Plot Canada EV Output via Idle Capacity
Stellantis discusses with Leapmotor about producing electric vehicles in Canada, amidst prior plant issues, tariffs, and local government concerns affecting planning.
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Chery March Sales Hit 240,000 Units as Exports Near Record 150,000
Chery Group reported March sales of 240,678 vehicles, driven by exports and new energy vehicles, while expanding its global market presence.
Xpeng Smart Cockpit Head Out
According to Chinese media reports, Wei Bin, Vice President of XPeng Group and head of smart cockpit, has recently resigned…
Baidu-Backed Apollo Go Robotaxis Freeze Mid-Road in Wuhan After System Fault
On March 31, numerous Apollo Go robotaxis in Wuhan stopped unexpectedly, causing traffic congestion and a collision, attributed to a system malfunction.
China Rolls Out Battery Tracking System for EV Lifecycle Management
China launched a national traceability platform for NEV batteries on April 1, enabling full lifecycle tracking and promoting recycling efficiency.
Uber-Backed WeRide Deploys Fully Driverless Robotaxis in Dubai
Uber now holds approximately 5.82% of WeRide’s Class A ordinary shares, making it a significant shareholder with more than a 5% stake.
Volvo to Raise Polestar Stake to 19.9% via Debt-to-Equity Conversion
On March 31, Polestar announced that Volvo Cars has agreed to convert approximately $274 million in outstanding shareholder loans into…
Dongfeng Asset to Boost Stake in Voyah’s H Shares by Up to $35 Million
Dongfeng Asset plans to buy RMB 250 million in Voyah shares to boost confidence post-listing.
BYD Subsidy in Japan Slashed by Over Half, Toyota bZ4X Gets Nearly 10x Support
Japan cuts BYD EV subsidies by over 50% to 150,000 yen ($939), while domestic models like Toyota bZ4X retain up to 1.3 million yen ($8,190), widening the competitive gap.
BYD Deepens Grenergy Partnership with 2.6 GWh Energy Storage Deal in Chile
BYD and Grenergy signed a deal for 468 MC Cube-T energy storage units in Chile’s Oasis de Atacama project, which has 2.6 GWh capacity and aims for completion by 2027.