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Mercedes-Benz Slashes 2026 Profit Forecast as China Sales Collapse 31%

Luxury automaker cuts earnings guidance, citing fierce competition and rising costs in its largest market Mercedes-Benz announced a significant downgrade to its 2026 profit outlook...

Chinese Automakers Surpass Japanese Brands in Europe for First Time

European market share milestone reflects rapid expansion driven by hybrid vehicles and competitive pricing Chinese automobile brands have achieved a historic milestone, overtaking Japanese manufacturers...

China and the EU could turn Morocco into a surprise global hub for electric vehicles

Linda Calabrese, ODI Global and Jodie Keane, ODI Global China now makes more than seven in ten of the world’s electric cars. In 2024 it...

China cuts NEV export tax rebates, testing profitability of automakers’ overseas growth

China will lower the export value-added tax (VAT) rebate rate for new energy vehicles (NEVs) from 13% to 9% starting April 1, 2027, scaling...

European automakers push €20k EVs at Paris show

European Automakers Fight Back Against Chinese EV Makers with Budget Models European car manufacturers are escalating their defense against surging Chinese competition by launching a...

EU Sets Import Cap on Chinese Hybrid Vehicles Starting December

The European Union will impose a four-year safeguard measure beginning December 1, capping annual imports of hybrid and plug-in hybrid vehicles from China at...

China Clamps Down on Risky Car Design Features, Mandates Stricter Testing Standards

China's four major regulatory agencies have jointly issued sweeping new rules to rein in what they view as reckless automotive innovation, banning fully hidden...

China Unveils 15th Five-Year Battery Plan, Targets Initial Large-Scale All-Solid-State Battery Deployment by 2030

China is setting out its next-stage roadmap for emerging battery technologies, with solid-state and sodium-ion batteries among the key areas targeted for further development....

Profitability Gap Triggers “De-CATL” Movement Among Major Chinese Automakers

CATL's stock has plummeted more than 24% in September as major Chinese vehicle manufacturers move to reduce their dependence on the world's largest EV...

China Sets 2030 Targets for Intelligent Connected New-Energy Vehicles

China has released a five-year plan aimed at establishing the country as a global automotive power by 2030, with new-energy vehicles, autonomous driving and...

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