Bosch will move its German mobility business into a separate limited liability company, the group said on 22 October, a structural change that leaves Europe’s largest car supplier answering to a shorter chain of command while its margins keep thinning. Bosch is carving its German mobility operations into a wholly owned subsidiary. Source: Gasgoo The … Read more
CATL has spent a decade arguing that electric passenger cars can beat petrol on cost. It is now making the same argument about the least forgiving segment in road transport: long-haul heavy trucks. CATL’s Tianxing II pairs an owned 77 kWh pack with a rented swappable pack. Source: Sohu Auto The product is Tianxing II, … Read more
On 19 October the Financial Times ran a commentary that did not bother with diplomatic language. It argued that the car-industry agreement just struck between Paris and Berlin, which stretches the life of the internal combustion engine and shields the legacy car industry, risks pushing the European car industry towards self-destruction. German premium carmakers face … Read more
The third-quarter results were published and the shares fell 12 per cent the same day, leaving the stock roughly half its May high. The revenue line, oddly, was excellent: up 58.6 per cent year on year. Net profit attributable to shareholders rose 14.5 per cent. The arithmetic between those two numbers is where the story … Read more
CATL and Chery registered CATL Chery Wuhu New Energy Technology on 20 October, with registered capital of RMB 1 billion and both companies as shareholders, according to corporate registry data. It is the second battery manufacturing joint venture the two have set up in 2026. The first, Times Chery Hefei New Energy Technology, was registered … Read more
Jetta launched the M6 in Chengdu on 22 October at RMB 79,800, RMB 89,800 and RMB 99,800 for the 465 Pro, 555 Max and 555 Ultra trims, putting all three under the RMB 100,000 line. The brand’s slogan for the car is blunt about the target: under 100,000, no compromises. The M6 carries two firsts. … Read more
China’s Ministry of Industry and Information Technology, together with the ministries of public security and ecology and environment and the market regulator, has published a draft notice on vehicle innovation design and validation testing for public comment. It sets safety boundaries around the design language that has defined Chinese electric cars for five years. The … Read more
Tesla finally showed the new Roadster, and it spent most of the event airborne. The car ran a vertical climb, a mid-air roll and a jump over a line of parked Teslas including the Semi, Cybertruck, Cybercab, Model 3 and Model Y, all staged at SpaceX’s McGregor test site in Texas. The new Tesla Roadster … Read more
The first Volkswagen ID. ERA 5X came off the line at the SAIC Volkswagen plant on 16 October, marking the start of mass production for CMP, the group’s first new-energy vehicle platform developed entirely in China. A second model on the same architecture, the ID. AURA L5, follows at FAW Volkswagen later this year. The … Read more
Tesla’s third quarter was flat on the top line and brutal on the bottom line. Revenue reached USD 28.046 billion, down 0.2 per cent year on year. Net profit attributable to ordinary shareholders fell 43 per cent to USD 787 million, or about RMB 5.25 billion. The detail underneath explains the direction of travel. Automotive … Read more