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.

Hyundai Motor Group Expands V2X Rollout Globally
EV & Electric Cars, Industry & Business, News

Hyundai Motor Group Expands V2X Rollout Globally

Hyundai Motor Group is expanding its Vehicle-to-Everything (V2X) services worldwide, introducing Vehicle-to-Grid (V2G) and Vehicle-to-Home (V2H) functions that integrate electric vehicles into energy systems. The initiative aims to enhance grid flexibility and support higher shares of renewable power.Key TakeawaysHyundai Motor Group is rolling out V2G services in Korea and Europe, alongside V2H capability in the US.The Korean pilot project on Jeju Island will use Kia EV9 and Hyundai Ioniq 9 to stabilize the local energy grid.In Europe, a commercial V2G service will be introduced in the Netherlands by late 2025.Hyundai Motor Group’s latest phase includes V2G launches in Korea and Europe alongside V2H capability in the United States. The Korean pilot project on Jeju Island aims to stabilize ...
PTT Lucena EV Charging Station: A Milestone in Philippine EV Infrastructure
EV & Electric Cars, Industry & Business, News

PTT Lucena EV Charging Station: A Milestone in Philippine EV Infrastructure

The opening of a new electric vehicle (EV) charging station at PTT Lucena marks another significant step in the expansion of the Philippine EV Spine, a network designed to support long-distance travel for EV owners. Located across from the Lucena City Government Complex in Quezon province, this installation is crucial for drivers traveling between Metro Manila and the Bicol region.Key TakeawaysThe PTT Lucena station features a 120-kW DC fast charger with two ports and a 22-kW AC charger with one port, enhancing charging capacity in the area.This addition is part of Ayala Group’s ACMobility initiative to create a continuous EV charging corridor across Luzon, Visayas, and Mindanao.The station's strategic location on the South Luzon corridor ensures it serves as an essential midpoint for long...
China’s Auto Sales Projected to Exceed 34 Million Units in 2025, NEVs Leading the Charge
Industry & Business, News

China’s Auto Sales Projected to Exceed 34 Million Units in 2025, NEVs Leading the Charge

China is projected to see its auto sales exceed 34 million units by the end of 2025, with new energy vehicle (NEV) sales expected to reach a record high of 16 million units. According to Chen Xu, deputy secretary-general of China Association of Automobile Manufacturers (CAAM), this growth will be accompanied by a significant rise in auto exports, surpassing 6.8 million units.Key TakeawaysNew energy vehicle sales expected to reach 16 million units in 2025.Total auto sales projected to grow by 8.28% from last year's figures.A significant increase of 16.24% is anticipated for auto exports this year.Chen Xu, deputy secretary-general of CAAM, highlighted that the growth in NEV sales will lead China's overall vehicle market expansion. The projected rise in NEVs reflects a trend towards greener t...
Uber Launches Fully Driverless Robotaxis in Abu Dhabi with WeRide
Industry & Business, News, Tech & Autonomous

Uber Launches Fully Driverless Robotaxis in Abu Dhabi with WeRide

Uber has launched the first fully driverless robotaxi service outside the United States, offering Level 4 autonomous rides on Yas Island in Abu Dhabi. Passengers can book these vehicles through UberX and Uber Comfort as well as a new “Autonomous” category.Key TakeawaysThe launch was supported by the world’s first city-level fully driverless Robotaxi permit outside of the US, issued to WeRide and Uber in Abu Dhabi.WeRide-operated vehicles can now be booked via UberX, Uber Comfort, and a new “Autonomous” category.The service is part of a wider plan by WeRide and Uber to expand their autonomous vehicle footprint across the Middle East over the next few years.Uber’s partnership with Chinese self-driving specialist WeRide began in December 2024, expanding to cover half of Abu Dhabi's main urban...
Toyota Partners with Energy Providers for EV Charging Solutions in Europe
EV & Electric Cars, Industry & Business, News

Toyota Partners with Energy Providers for EV Charging Solutions in Europe

Japanese automaker Toyota has entered into strategic partnerships with energy providers across Europe to enhance its electric vehicle (EV) charging infrastructure. The collaborations aim to offer smart energy solutions, including Vehicle-to-Grid (V2G) technology and Demand Side Response (DSR), which will be available from 2026.Key TakeawaysToyota is partnering with The Mobility House Energy in Germany and British Gas in the UK to provide smart charging solutions for EVs and plug-in hybrids.The partnerships focus on Demand Side Response (DSR) solutions that offer lower energy costs through off-peak charging, enhanced convenience via dedicated apps, and sustainability benefits by leveraging renewable energy sources.Toyota plans to introduce Vehicle-to-Grid (V2G) technology in Europe starting...
Mahindra BE 6 Formula E Edition: Limited-Edition Electric SUV Launch Details
EV & Electric Cars, Industry & Business, News

Mahindra BE 6 Formula E Edition: Limited-Edition Electric SUV Launch Details

Mahindra has unveiled the limited-edition BE 6 Formula E, an electric SUV priced from Rs. 23.69 lakh ex-showroom. Available in two variants, FE2 and FE3, this special edition is set to captivate EV enthusiasts with its exclusive features.Key TakeawaysMahindra BE 6 Formula E Edition starts at Rs. 23.69 lakh ex-showroom.The SUV will be available in limited numbers, just 999 units.Bookings open on January 14, 2026, with deliveries starting February 14, 2026.Starting December 14, 2025, interested buyers can add the BE 6 Formula E Edition to their cart online. This marks the beginning of a new era for Mahindra's electric SUV lineup, offering customers an exclusive chance to own one of these limited edition vehicles.The booking process will officially begin on January 14, 2026. While details lik...
Blue Origin Unveils New Glenn 9×4 to Compete with SpaceX Starship
Industry & Business, News, SUV & Crossovers

Blue Origin Unveils New Glenn 9×4 to Compete with SpaceX Starship

Blue Origin has announced plans for the development of its new super-heavy rocket, the New Glenn 9×4, designed to transport up to 70 metric tons to low-Earth orbit (LEO), rivaling SpaceX's Starship. The announcement came shortly after Blue Origin's successful NG-2 launch on November 13.Key TakeawaysNew Glenn 9×4 will feature nine BE-4 engines and four BE-3U engines, with enhanced thrust capabilities.The rocket is expected to carry up to 70 metric tons to LEO, surpassing Falcon Heavy's capacity of 64 metric tons.Blue Origin aims to improve reusability through upgraded thermal protection systems and a reusable fairing.In the latest development, Blue Origin has announced plans for its New Glenn rocket variant, dubbed New Glenn 9×4. This super-heavy lift vehicle will feature nine BE-4 engines ...
BYD Recalls Over 88,000 Qin Plus DM-i Hybrids Due to Battery Issues
EV & Electric Cars, Industry & Business, News

BYD Recalls Over 88,000 Qin Plus DM-i Hybrids Due to Battery Issues

BYD, one of the world's leading electric vehicle manufacturers, has issued a recall affecting over 88,000 Qin Plus DM-i hybrid sedans in China. This latest move comes after last month’s recall of 115,783 Tang and Yuan Pro EVs due to similar issues.Key TakeawaysBYD is recalling 88,981 Qin Plus DM-i sedans over battery consistency issues.The recall covers vehicles produced between January 2021 and September 2023.Dealers will replace faulty batteries for free and upgrade diagnostic software via OTA technology.This latest action by BYD highlights the company's commitment to addressing quality issues as it continues its rapid growth in the global market. The recall affects two batches of cars: 52,890 units produced between September 26, 2021, and September 23, 2023, and 36,091 units manufacture...
Essex’s First Electric Bus Depot Opens in Basildon
EV & Electric Cars, Industry & Business, News

Essex’s First Electric Bus Depot Opens in Basildon

The town of Basildon has welcomed the opening of Essex’s first fully electric bus depot, marking a significant milestone in the region's transition to cleaner public transportation. The £30.6 million project was completed by First Bus and funded partly through the UK Department for Transport’s Zero Emission Bus Regional Areas (ZEBRA2) scheme.Key TakeawaysThe Basildon depot now houses 55 battery electric buses, equipped with high-capacity charging infrastructure to support overnight recharging.This project is part of First Bus's national decarbonisation programme and aims for a fully electric fleet by 2035.A £4.8 million grant from the ZEBRA2 scheme contributed to the overall investment, alongside a significant financial commitment from First Bus itself.The Cherrydown Way bus depot underwen...
Hyundai to Launch Future Mobility Battery Campus in South Korea by 2026
Industry & Business, News

Hyundai to Launch Future Mobility Battery Campus in South Korea by 2026

South Korean automotive giant Hyundai Group celebrated the topping-out ceremony for its new Future Mobility Battery Campus in Anseong, scheduled for completion at the end of 2026. The facility will serve as a comprehensive research and development hub dedicated to battery technology.Key TakeawaysThe campus is set to open by late 2026 in Anseong, South Korea.Highest investment of 1.2 trillion won ($700 million) into battery R&D infrastructure.Covering nearly 20 hectares with a total floor area of 111,000 square meters.The groundbreaking ceremony for the campus took place in January 2025. The Hyundai Group is investing approximately 700 million euros into this project to establish an advanced battery research and development infrastructure. This new facility will be the first of its kind...