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
Tag: Geely
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
German FAZ: 30 models against relegation010490
The ID.Aura model should finally bring Volkswagen great sales success again in China. With its flowing body lines and sharply squinted headlights, the electric sedan doesn’t just look modern. It also comes with the latest technology, from fast charging to a driving assistant that maneuvers the car through the city almost alone – and all… Continue reading German FAZ: 30 models against relegation010490
German Handelsblatt: VW Group: Porsche prepares for permanently low China sales012301
Porsche dealer in Shanghai: Adapt sales network to reality. Photo: Bloomberg Berlin. The sports car manufacturer Porsche is preparing to be able to sell permanently lower quantities in China. “The entire premium and luxury market in China has collapsed by around 80 percent within a short period of time, and we do not expect a… Continue reading German Handelsblatt: VW Group: Porsche prepares for permanently low China sales012301