Chinese carmakers are expected to cash in on Britain’s net zero mandate after it emerged that major manufacturers will have to pay rivals to avoid fines. Eight carmakers including Jaguar Land Rover and Toyota did not sell enough electric cars or low-emission vehicles last year to meet government mandates, according to an industry analysis. Four… Continue reading Chinese carmakers cash in on Britain’s EV credits
Tag: Geely
German FAZ: VW alone at home010501
The VW Golf is once again the best-selling car of the year in Germany. Despite a noticeable decline, the Wolfsburg compact car will not be dethroned in 2025 either. The SUV T-Roc, which competes in the same category, takes second place, and the medium-sized SUV Tiguan takes third place. Volkswagen therefore has the podium for… Continue reading German FAZ: VW alone at home010501
Union Budget 2026-27: Industry Experts Chart the Road Ahead
As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026-27, the automotive industry finds itself at a critical juncture. Following the successful implementation of GST 2.0 reforms and amid a rapidly evolving mobility landscape, industry stakeholders are seeking policy continuity, targeted incentives, and a clear roadmap for sustainable growth. Autocar Professional reached out… Continue reading Union Budget 2026-27: Industry Experts Chart the Road Ahead
Union Budget 2026-27: Industry Experts Chart the Road Ahead
As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2026-27, the automotive industry finds itself at a critical juncture. Following the successful implementation of GST 2.0 reforms and amid a rapidly evolving mobility landscape, industry stakeholders are seeking policy continuity, targeted incentives, and a clear roadmap for sustainable growth. Autocar Professional reached out… Continue reading Union Budget 2026-27: Industry Experts Chart the Road Ahead
CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. New Delhi-based tech startup founder Ashita Gupta loves her cars. With prospects of luxury European cars becoming cheaper, Gupta, who drives an Audi A6, is considering buying another high-end vehicle. It… Continue reading CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
Some Volvo EX30 owners warned not to charge indoors unattended
Owners of Single Motor Extended Range and Twin Motor Performance versions of the Volvo EX30 have been instructed not to leave their cars unattended while charging indoors or in covered areas, due to a battery fire risk. Volvo recently identified an issue with battery cells overheating in the long-range versions of the EV, which use a 69kWh pack comprising… Continue reading Some Volvo EX30 owners warned not to charge indoors unattended
Waabi Raises $750M USD in Series C Funding
Waabi, a Toronto, Canada-based Physical AI company, raised $750M USD in Series C funding. The round was led by Khosla Ventures and G2 Venture Partners, with participation from Uber, NVentures, Volvo Group Venture Capital, Porsche Automobil Holding SE, BlackRock, Radical Ventures, HarbourVest Partners, Linse Capital, Incharge Capital, BDC Capital’s Thrive Venture Fund, Export Development Canada… Continue reading Waabi Raises $750M USD in Series C Funding
@Geely: Kandi Technologies Enters into Strategic Cooperation with Qiji Energy, a Subsidiary of CATL
Strengthening Battery Swap Infrastructure Deployment to Accelerate Scaled Implementation of Heavy-truck Battery Swapping Jinhua, China, Jan. 29, 2026 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company” or “Kandi Technologies”) (NASDAQ GS: KNDI), a long renowned leader in all-electric personal transportation and utility vehicles, today announced that its wholly-owned subsidiary, China Battery Exchange (Zhejiang) Technology… Continue reading @Geely: Kandi Technologies Enters into Strategic Cooperation with Qiji Energy, a Subsidiary of CATL
Luminar sale approved despite last-minute mystery bid
Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party submitted an offer that apparently blew away the leading bid of $33 million. This bid, which emerged just before a hearing Tuesday, kicked off a series of rapid-fire meetings between Luminar’s remaining leadership team and its lawyers,… Continue reading Luminar sale approved despite last-minute mystery bid
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi founder and CEO Raquel Urtasun Courtesy of Waabi Autonomous trucking startup Waabi has raised $750 million in a new round of venture funding to expand into the robotaxi market, the company announced Wednesday. Waabi’s series C round is led by Khosla Ventures and G2 Venture Partners, the startup announced Wednesday. The deal is one… Continue reading Autonomous trucking startup Waabi raises $750 million to expand into robotaxis