Industry & Business

The Industry & Business category covers the business side of the automotive world, including earnings reports, sales figures, factory investments, partnerships and regulations. Here you will find analysis of market trends, EV transition strategies, regional policies and how major brands position themselves in global competition.

China’s Auto Exports Expected to Soar Past 6.8 Million in 2025
Industry & Business, News

China’s Auto Exports Expected to Soar Past 6.8 Million in 2025

As the wheels of China’s automotive industry continue to spin, a remarkable forecast has emerged: auto exports are set to surpass 6.8 million units by the end of 2025, according to the China Association of Automobile Manufacturers (CAAM). This prediction signals an impressive growth trajectory for Chinese automakers on the global stage.Key TakeawaysTotal vehicle sales in China are projected to exceed 34 million units this year, with new energy vehicles making up a significant portion of that figure.The export value of Chinese-made cars reached over 798 billion yuan (approximately USD 112.8 billion) for the first ten months of 2025 alone.Chinese automakers are expanding their international reach, with exports set to account for nearly a fifth of total production in 2025.The CAAM's forecast ...
Wey G9 Hi4 PHEV MPV Launches in Thailand for $73,000
Industry & Business, News

Wey G9 Hi4 PHEV MPV Launches in Thailand for $73,000

Great Wall Motor’s premium brand Wey has unveiled the right-hand drive version of its Gaoshan MPV in Thailand, now known as the Wey G9 Hi4. This luxury plug-in hybrid vehicle is priced at a hefty 2.349 million Thai Baht (approximately $73,000 USD), marking Wey’s strategic move into Southeast Asia.Key TakeawaysThe Wey G9 Hi4 is priced at 2.349 million Thai Baht ($73,000).It features a plug-in hybrid system with a 1.5T engine and dual electric motors.The vehicle offers advanced features like LED headlights, HUD, and second-row zero-gravity seats.The Wey G9 Hi4 is the latest in Great Wall Motor’s ambitious push into international markets, following the acquisition of GM's plant in Rayong, Thailand. The car’s dimensions closely match those of its domestic counterpart, the Gaoshan 7, with a sli...
Genesis GV60 Electric Car Recalled Due to Windscreen Defect
EV & Electric Cars, Industry & Business, News

Genesis GV60 Electric Car Recalled Due to Windscreen Defect

Hyundai Motor Company Australia has initiated a recall for the 2022-2024 Genesis GV60 electric vehicle, affecting all 381 units sold in the country. The recall is prompted by a manufacturing defect that could cause the windscreen to detach while driving, posing significant safety risks.Key TakeawaysThe recall affects all Genesis GV60 models from 2022 to 2024 sold in Australia, totaling 381 vehicles.A manufacturing defect could cause the windscreen to detach while driving, increasing the risk of accidents and injuries.Owners should contact Hyundai Motor Company for further instructions on how to address this critical safety issue.The Genesis GV60 is a sleek electric SUV that debuted in 2022 as part of Hyundai's luxury brand, Genesis. This recall highlights the importance of rigorous testing...
Xpeng G6 Gets Massive Discount, Now Cheaper Than Tesla Model Y
EV & Electric Cars, Industry & Business, News

Xpeng G6 Gets Massive Discount, Now Cheaper Than Tesla Model Y

Looking for a new electric SUV but feeling the pinch in your budget? Xpeng's latest Cyber Weekend deal slashes thousands off the price of their G6 model. If you're eyeing an alternative to the popular Tesla Model Y, now might be the perfect time to act.Key TakeawaysThe Xpeng G6 is currently available at a slashed price during Cyber Weekend.This deal makes it more affordable than its main competitor, the Tesla Model Y.The offer could be ideal for families looking to switch from traditional SUVs to electric vehicles.For those who have been considering an upgrade to a fully-electric SUV but found the prices too steep, Xpeng's G6 is now more accessible than ever. With thousands off its original price tag, it stands out as a strong contender against Tesla’s Model Y, offering comparable features...
Toyota Motor Europe Launches Smart EV Charging in UK and Germany from 2026
EV & Electric Cars, Industry & Business, News

Toyota Motor Europe Launches Smart EV Charging in UK and Germany from 2026

Toyota Motor Europe is set to introduce smart electric vehicle (EV) charging services starting from 2026, collaborating with British Gas for the UK and The Mobility House Energy for Germany. These initiatives aim to optimize energy usage by shifting EV charging to off-peak hours, reducing reliance on fossil fuels.Key TakeawaysToyota will launch smart EV charging services in the UK and Germany from 2026.The initiative includes demand side response-based charging to optimize energy usage during off-peak hours.Users can manage and schedule charging remotely via mobile apps, aligning with higher renewable electricity generation times.In addition to the UK and Germany, Toyota plans to extend these partnerships to other European countries. The company's goal is to enhance grid stability by balan...
Audi Unveils V6 3.0 TDI Mild-Hybrid Plus: Diesel’s New Chapter
Industry & Business, News

Audi Unveils V6 3.0 TDI Mild-Hybrid Plus: Diesel’s New Chapter

Audi has unveiled its latest diesel engine, the V6 3.0 TDI mild-hybrid plus at 48 volts, marking a significant evolution in high-performance diesel technology. Set to debut on the Audi A6 and Q5 models from December 2025, this new powertrain promises enhanced performance, efficiency, and sustainability.Key TakeawaysThe V6 3.0 TDI mild-hybrid plus delivers 299 horsepower and 580 Nm of torque with a dual turbocharger system.This engine reduces turbo lag through the integration of an electric air compressor (EAV) and exhaust-driven turbocharger.It offers up to 15% lower fuel consumption compared to previous V6 TDI engines, thanks to its advanced mild-hybrid technology.The new V6 3.0 TDI mild-hybrid plus is a significant step forward in Audi's diesel engine development. With the introduction o...
Tesla’s India Debut Slow Start: Just Over 100 Cars Sold Since July
EV & Electric Cars, Industry & Business, News

Tesla’s India Debut Slow Start: Just Over 100 Cars Sold Since July

Tesla’s entry into the Indian market, which began with the opening of its first showroom in Mumbai this summer, has been met with a tepid response thus far. According to recent reports from the BBC, Tesla has sold only around 100 cars since July, despite India being home to over 1.4 billion people and boasting one of the world's fastest-growing economies.Key TakeawaysTesla has sold just over 100 vehicles in India since entering the market in July.The Model Y starts at $67,000 USD in India, making it unaffordable for most Indian consumers.India's EV infrastructure is underdeveloped with only one Supercharger station available as of now.Tesla’s initial sales figures in India are modest to say the least. The company opened its first showroom in Mumbai, a city known for its financial prowess a...
Leapmotor Launches Affordable Lafa 5 Electric Hatchback at $13,100
EV & Electric Cars, Industry & Business, News

Leapmotor Launches Affordable Lafa 5 Electric Hatchback at $13,100

Exciting news for car enthusiasts and budget-conscious buyers alike! Leapmotor has just launched the Lafa 5 electric hatchback in China with a limited-time starting price of RMB 92,800 ($13,100), marking its entry into one of the most competitive segments in the EV market. This move positions the Lafa 5 to challenge established players like Volkswagen's ID.3 and BYD's Dolphin.Key TakeawaysLimited-time starting price at RMB 92,800 ($13,100)Five variants with CLTC ranges of 515 or 605 kilometersUltra version in development for release next yearThe Lafa 5 comes in five variants: 515 Plus, 515 Pro, 515 Max, 605 Pro, and 605 Max. Each variant offers a unique combination of features and range options, making it easier for buyers to find the perfect fit within their budget.Leapmotor's Lafa 5 is n...
Leapmotor B05 Electric Hatchback Launches in China at $13,100
Industry & Business, News

Leapmotor B05 Electric Hatchback Launches in China at $13,100

Leapmotor has unveiled its latest offering, the B05 electric hatchback, marking a significant entry into the competitive Chinese EV market. The vehicle is priced competitively from 97,800 yuan (approximately USD 13,800) for the base model and up to 121,800 yuan ($17,200) for the top-tier variant, with early bird discounts available.Key TakeawaysThe B05 is offered in five trim levels catering to diverse customer needs and budgets.The vehicle features a range of 515 km to 605 km CLTC, depending on the battery pack size.The top-tier model includes advanced driver-assistance systems with LiDAR and a 200 TOPS computing platform.With its launch, Leapmotor positions itself as a formidable competitor in the compact EV segment. The B05 is built on the LEAP 3.5 platform, boasting dimensions of 4,430...
Nissan Unveils China-Built Frontier Pro Pickup, Priced from $23,800
Industry & Business, News, Pickup Trucks

Nissan Unveils China-Built Frontier Pro Pickup, Priced from $23,800

Nissan has unveiled the Frontier Pro pickup truck in China, marking a significant milestone for the brand as its first product to be entirely designed and manufactured in the country. The new model is set to challenge established players with its robust features and competitive pricing, starting at $23,800.Key TakeawaysThe Frontier Pro series includes both ICE and PHEV variants, catering to diverse market needs.Priced from 169,900 yuan ($23,800) for the base model up to 249,900 yuan ($35,000).Features a 2.0T gasoline engine or 2.3T diesel engine in ICE models and a powerful PHEV variant with combined system power of 429 hp.The Frontier Pro series is offered in both internal combustion engine (ICE) and plug-in hybrid electric vehicle (PHEV) configurations, reflecting Nissan's commitment to ...