Electric vehicles

BYD debuts China’s most advanced EV chip in smart-driving push

The most advanced chip globally is the 2nm N2 node made by Taiwan Semiconductor Manufacturing Company

The green light comes after SP Mobility offered a series of pricing and non-discriminatory commitments to address antitrust concerns.

Competition watchdog clears SP Mobility’s acquisition of ChargEco

CCS has previously flagged potential risks after a public consult in January

Nio CEO William Li said China remains the most efficient place to invest in pure electric vehicles.

China’s auto industry is unlikely to return to ‘golden era’, Nio CEO says

A rebound in the domestic market has yet to materialise, despite the sector’s continued export strength

The automaker which is pivoting toward robotaxis, humanoid robots and flying cars, did not disclose the size of the backing by the investment fund.

China's Xpeng backed by local government investment fund with undisclosed sum

[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) that it was picked among the first batch to sign on a local government investment fund in the southern province of Guangdong.

Toyota may be the world's biggest car company by volume, but it has hardly set the world of EVs alight, mainly because it has continued to bet heavily on hybrids such as the Vellfire Hybrid.
THINKING ALOUD

In the EV race, Japan’s most dangerous rival could be closer to home than China

Chinese carmakers may have pulled ahead in tech and value, but something else is holding the Japanese back

Nissan has said it will cut the number of its auto production plants to 10 from 17 and conduct a review of its powertrain factories.

Nissan unit scraps plan to make EV powertrains in UK: Nikkei

The plan to invest £48.7 million to make up to 340,000 units a year has been cancelled

VinFast has abandoned work on the 712-hectare site in Chatham County for over a year, according to the statement.

North Carolina sues Vietnam’s VinFast over delayed EV project

The EV maker initially targeted to have the factory up and running by Jul 1 this year

Toyota is expanding its electric model range with the (from left) BZ4X Touring and Urban Cruiser.

Toyota to launch its first mainstream EV in Singapore in Q3 2026

The Urban Cruiser will use a Category A COE; another SUV, the bZ4X Touring, will also hit the market

On a quarter-on-quarter basis, Nio's net loss was a reversal from the net profit of 282.7 million yuan in the fourth quarter of 2025.

Nio Q1 net loss narrows to 332.1 million yuan as revenue doubles

The EV maker’s loss per share of 0.2 yuan compares with 0.29 yuan a year earlier