(Reuters) -China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability. China’s top leaders have pledged to step up regulation of aggressive price-cutting and support the orderly phasing out of outdated production capacity, state media reported… Continue reading China automakers’ price war, overcapacity hurt finances
Author: Yarhow_Finance Online News
China automakers’ price war, overcapacity hurt finances
(Reuters) -China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability. China’s top leaders have pledged to step up regulation of aggressive price-cutting and support the orderly phasing out of outdated production capacity, state media reported… Continue reading China automakers’ price war, overcapacity hurt finances
HERE Technologies partners with Nio’s firefly to enhance EVs
The partnership is aimed at enhancing the efficiency, safety, and overall driving experience of firefly’s intelligent EVs. Credit: HERE Technologies. HERE Technologies, a location data and technology platform, has partnered with smart electric vehicle (EV) company, Nio’s latest car brand, firefly, to provide “high-quality” map data and location services. This partnership is aimed at enhancing… Continue reading HERE Technologies partners with Nio’s firefly to enhance EVs
PONY AI Inc. Begins Mass Production and Road Testing of Multiple Gen-7 Robotaxi Models
Pony AI Inc. NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) — Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that its seventh-generation (“Gen-7”) Robotaxi recently entered mass production for multiple models and began road testing. This milestone brings Pony.ai significantly closer to… Continue reading PONY AI Inc. Begins Mass Production and Road Testing of Multiple Gen-7 Robotaxi Models
Auto & Transport Roundup: Market Talk
Find insight on MISC, BYD, Daimler Truck and more in the latest Market Talks covering Auto and Transport. Go to Source
China automakers’ price war, overcapacity hurt finances
(Reuters) -China’s auto sector is reeling from overcapacity and an extended price war, raising alarm among regulators and industry executives who warn the turmoil is undermining the sector’s long-term viability. China’s top leaders have pledged to step up regulation of aggressive price-cutting and support the orderly phasing out of outdated production capacity, state media reported… Continue reading China automakers’ price war, overcapacity hurt finances
What’s Behind the Rebound in Tesla China’s Deliveries in June?
Tesla TSLA sold 61,484 vehicles in China in June, up 59.3% from 38,588 units in May 2025 and 3.75% from 59,261 units sold in June 2024, per CNEV Post. This was Tesla’s second-highest monthly domestic total in 2025, behind only 74,127 units delivered in March. The June increase came as Tesla reduced exports from its… Continue reading What’s Behind the Rebound in Tesla China’s Deliveries in June?
Ford Battery Plant Will Still Get Credits Under GOP Bill, Company Says
Ford Motor said it was “on track” to qualify for lucrative, Biden-era federal tax credits for electric-vehicle batteries it plans to make at a new, $3 billion plant in Michigan, even under President Trump’s new tax bill. The automaker’s chairman had said the under-construction factory was “imperiled” because an earlier version of the “big, beautiful… Continue reading Ford Battery Plant Will Still Get Credits Under GOP Bill, Company Says
Update: Market Chatter: Ford’s Michigan Battery Plant Set for Tax Credit Under Trump’s Final Bill
(Updates with comment from Ford in the fourth paragraph.) Ford Motor’s (F) battery facility under Go to Source
Strength Seen in Lear (LEA): Can Its 3.2% Jump Turn into More Strength?
Lear (LEA) shares soared 3.2% in the last trading session to close at $106. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 13.6% gain over the past four weeks. Lear shares surged, driven by new program wins and strong partnerships with Chinese… Continue reading Strength Seen in Lear (LEA): Can Its 3.2% Jump Turn into More Strength?