Shanghai Baolong Automotive Corporation (Baolong Automotive) signed a strategic cooperation agreement with JAC Group.
Baolong Automotive will continue to invest in key technologies such as intelligent suspension systems, tire pressure monitoring systems, sensors, and intelligent assisted driving and establish an R&D

Shenyang Minghua Mould & Plastic Technology Co., Ltd. (Shenyang Minghua), a wholly-owned subsidiary of Jiangnan Mould & Plastic Technology Co., Ltd. (JNMPT), was recently designated by a leading luxury automaker for an exterior trim project. According to the customer’s plan, the project is expected to start mass prod

Changchun FAWAY Automobile Components Co., Ltd. (FAWAY) was designated by a well-known independent luxury automaker, whose name is undisclosed, for the development of seats for two models as a component supplier in accordance with its requirements. According to the customer’s plan, the two projects are expected to st

On July 27, the president of the European Commission announced that the EU has reached a deal on tariffs and trade with the US. They have stabilised on a single 15% tariff rate for most EU exports. This rate applies to most sectors, including cars, semiconductors, and pharmaceutical industries.
They also agreed on ze

On July 23, Shaanxi Heavy Duty Automobile Co., Ltd. (Shacman) deepened strategic cooperation with TELD New Energy Co., Ltd. (TELD) to co-build an efficient charging system for New Energy heavy-duty trucks (HDTs) with product innovation and technology breakthroughs at the core.
For resource integration and network dis

On July 23, China’s State Council Information Office (SCIO) announced that the director of the Traffic Administration Bureau of the Ministry of Public Security (MPS) answered questions from reporters on how to regulate and manage the intelligent driving systems for New Energy Vehicles on sale.
Regarding such an issue

On July 23, OnTime, a GAC Group mobility platform, held a launch event for its Robotaxi+ strategy, where the Xinghuo and Xinghe expansion plans were released.
-          The Xinghuo plan was developed to expand OnTime’s Robotaxi operating area and fleet scale and form a Robotaxi fleet of over 10,000 units.
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On July 23, at the MFA (China’s Ministry of Foreign Affairs) Regular Press Conference, an MFA spokesperson responded to issues on the trade deal between the U.S. and Japan.
According to Reuters, U.S. President Donald Trump has struck a trade deal with Japan, which lowers tariffs on automobile imports from Japan and s

On July 23, Zeron, an emerging Chinese manufacturer of commercial vehicles, announced the recent completion of a Series A financing worth CNY 500 million. The investment in the financing was led by Momenta, a dominant autonomous driving company, and Xinghang Venture Capital, with participation of multiple other compa

On July 23, Changan Auto signed a strategic cooperation agreement with Haier Group.
The two companies will cooperate on the human-car-home ecosystem, including creating an interconnection system for human-car-home scenarios, developing automotive electrical appliances, and building an all-scenario cold chain ecosyste

Hankook Tire & Technology Co., Ltd. (Hankook Tire) announced that it will supply the Ventus S1 evo3 ev as original equipment (OE) tires for the Porsche Macan electric vehicle (EV). This tire is designed exclusively for high-performance electric vehicles (EVs). It provides robust driving stability, excellent electrica

Announced on July 24, 2025, Betamek Berhad, Malaysia, reported a strong Q1 FY2026 (April–June 2025) profit after tax of MYR 5.4 million, up from MYR 4.9 million in Q1 FY2025. Revenue rose 13.8% YoY to MYR 56.9 million, driven by higher sales of vehicle accessories and early contributions from non-automotive products.

A high-level meeting for July 25 was called off due to an unspecified urgent scheduling event for U.S. Treasury Secretary Scott Bessent. The meeting was set to bring together Bessent, U.S. Trade Representative (USTR) Jamieson Greer and South Korean counterparts, Finance Minister Koo Yun-cheol and Trade Minister Yeo H

On July 24, U.S. Commerce Secretary Harold Lutnick further described the USD 550 billion investment deal done with Japan to bring down their tariffs to 15% in a video posted on X. While initial announcements on July 22 were scant on facts, Lutnick has since gone on to describe the arrangement.
Lutnick emphasized the

On July 25, Volkswagen AG CEO Oliver Blume said he expected EU and U.S. negotiators to eventually agree on duties of around 15%, from the 27.5% the car industry faces currently. However, Volkswagen is also pursuing a separate offset deal with the Trump administration in return for raising its investment in the U.S.
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