Volkswagen Bets on In-house SoCs with $200M Push into Autonomous Driving
The first model equipped with Volkswagen’s in-house SoC is expected to enter mass production within the next 3–5 years.
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Volkswagen’s Profit Slumps 58% in First Three Quarters
In the first three quarters, VW’s deliveries in China fell 4% and in North America 8%, driven by intensifying competition from domestic brands and higher U.S. tariffs.
Europe’s EV Industry Faces “Chip Lock” as China Tightens Semiconductor Exports
Europe’s automotive industry faces a semiconductor shortage due to China’s export restrictions, threatening electric vehicle production.
VW Denies Halting Software R&D After Report on XPeng Shift
XPeng’s in-house XNGP ADAS will be integrated into VW-branded EVs in China, with the initial vehicle set for production in 2026.
FAW Group to Acquire 35.8% Stake in Zhuoyu Technology, Expanding into ADAS Development
Upon completion of the transaction, FAW Group and New Territory will hold 35.8% and 34.85% stakes in Zhuoyu Technology, respectively, jointly controlling the company.
China’s EV Market: Domestic Brands Near 90% Share as Foreign Rivals Retreat
In H1 2025, global NEV sales grew 30%, with China leading at 62% market share. Domestic automakers dominate, posing challenges for foreign brands facing declining sales.
Mercedes-Benz’s Solid-State Battery Tested: EQS Prototype Achieves 1,205 km on One Charge
Mercedes-Benz plans to bring the solid-state battery technology to mass production within the next five years.
XPeng to Roll out Mass-Market Mona Brand in Europe by 2026
Xpeng began its global expansion in Norway in 2020 and has already achieved its target of covering 60 countries and regions by the end of 2025 ahead of schedule.
CATL Launches Shenxing Pro Battery in Europe, Hungarian Plant to Begin Production by Early 2026
CATL launched the Shenxing Pro battery featuring NP 3.0 technology, with two versions available for Europe. Production in Hungary starts in 2026, boosting local supply chains.
China Set to Ban Fully Hidden Door Handles, Automakers Given One-Year Transition
Chinese regulators will ban fully hidden car door handles by July 2027, allowing only semi-hidden and traditional designs due to safety concerns and practicality issues raised from accidents.