Automotive Industry and Business News

KP Group to Invest INR 36,000 Crore in Botswana’s Renewable Energy Sector

3Jan

By J.CarterNo Comments

KP Group to Invest INR 36,000 Crore in Botswana’s Renewable Energy Sector

India’s KP Group is set to invest a whopping INR 36,000 crore ($4 billion) into developing renewable energy projects and infrastructure in Botswana. The partnership aims to add nearly 5 gigawatts of capacity as part of the country's push towards net-zero emissions by 2030.Key TakeawaysKP Group signs a Memorandum of Understanding with Botswana’s Ministry of Minerals and Energy to develop renewable energy projects worth INR 36,000 crore ($4 billion).The agreement includes plans for the development of high-voltage transmission infrastructure within Botswana.KP Group commits to offering 30 annual scholarships for citizens of Botswana in clean energy fields.KP Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited will work together on this ambitious project. The MoU was sign...

Mahindra XUV 7XO Spotted Ahead of Launch

3Jan

By J.CarterNo Comments

Industry & Business, News

Mahindra XUV 7XO Spotted Ahead of Launch

Mahindra's upcoming SUV, the XUV 7XO, has been spotted covered in a protective wrap at dealerships. With bookings already underway and prices to be announced soon, this dealer dispatch unit signals an imminent launch for one of India’s most anticipated models.Key TakeawaysNew headlamps, grille, and DRLs are among the design updates on display.The triple-screen dashboard layout includes a Harman Kardon audio system and advanced camera systems.Priced between Rs. 15 to 26 lakh, it competes with models like the Tata Safari and Hyundai Creta.First spotted in February of this year, the XUV 7XO is a significant update over its predecessor, the XUV700. The SUV's design language echoes modern trends while retaining familiar elements from earlier generations that have made Mahindra such an enduring ...

Nio Plans to Add Over a Thousand Swap Stations in 2026

3Jan

By E.WilsonNo Comments

EV & Electric Cars, Industry & Business, News

Nio Plans to Add Over a Thousand Swap Stations in 2026

Nio, the Chinese electric vehicle (EV) maker, is ramping up its infrastructure efforts for battery swapping this year. The company announced it will add at least 1,000 swap stations throughout China in 2026.Key TakeawaysNio aims to install over a thousand new battery swap stations across the country this year.The company will deploy its fifth-generation stations, which can handle more swaps per day than current models.Nio's network now covers 27 provincial regions in China with plans for even broader coverage by the end of next year.In a live video broadcast, Nio founder and CEO William Li announced that the company will start rolling out its fifth-generation battery swap stations this year. These new stations can handle up to 20 percent more swaps daily compared to their predecessors.Li a...

BYD Sales Reach 4.6 Million in 2025, But Outlook for 2026 Weakens

2Jan

By M.ChenNo Comments

EV & Electric Cars, Industry & Business, News

BYD Sales Reach 4.6 Million in 2025, But Outlook for 2026 Weakens

Chinese automaker <a href="https://autoglobalnews.com/2026-new-car-calendar-toyota-rav4-byd-sealion-lead-the-way/" style="color:#1a73e8;text-decoration:underline;" title="2026 New Car Calendar: Toyota RAV4, BYD Sealion Lead the Way">BYD reported sales of 4.6 million cars globally in 2025, marking a significant achievement but signaling challenges ahead as the company faces weakening demand.Key TakeawaysBattery electric vehicles (BEVs) account for nearly half of BYD's sales mix in 2025PHEV sales have declined nine consecutive months since April, down 7.9% year over year.The company's overseas sales reached a record-breaking one million units outside China.BYD sold 414,784 passenger vehicles globally in December alone but saw an overall decrease of 18.6% from the previous year and...

Xiaomi Surpasses 400,000 EV Deliveries in First Year of Sales

2Jan

By E.WilsonNo Comments

EV & Electric Cars, Industry & Business, News

Xiaomi Surpasses 400,000 EV Deliveries in First Year of Sales

Xiaomi's entry into the electric vehicle market has been a whirlwind success. Just one year after launching its first model, Xiaomi has delivered over 400,000 vehicles across China.Key TakeawaysXiaomi's SU7 sedan and YU7 SUV have driven sales past the 400k mark in just one year.The company delivered over 50,000 cars in December alone.New models for 2026 include two EREVs and updated versions of the SU7.On March 28, 2024, Xiaomi unveiled its first EV model, the sleek sedan SU7. By April, cars were rolling off production lines in China's bustling cities. The company followed up with a second model, the YU7 SUV, six months later to compete directly against Tesla's Model Y.By November 2025, Xiaomi had already delivered over 361,000 vehicles. Then came December when they announced an impressive...

Ram Trucks Australia Recalls Over a Thousand Vehicles Due to Critical Warning System Issue

2Jan

By E.WilsonNo Comments

Industry & Business, News, Pickup Trucks

Ram Trucks Australia Recalls Over a Thousand Vehicles Due to Critical Warning System Issue

Ram Trucks Australia has issued a recall affecting over one thousand of its latest model trucks, the Ram 1500, 2500 and 3500. The recall is due to software glitches that could prevent safety warnings from appearing on the digital instrument clusters.Key TakeawaysRam Trucks Australia has recalled over a thousand vehicles for potential issues with their warning systemsThe fault affects 2025 model Ram trucks, including the 1500, 2500 and 3500 modelsOwners are urged to contact their dealerships immediately if they have one of these affected vehiclesRam Trucks Australia revealed that a software glitch could prevent critical safety alerts from appearing on the digital instrument clusters. This includes brake system warnings, gear selection indicators and other important information.Owners who dr...

BYD Rolls Out God’s Eye ADAS Across Full Line-Up in China

1Jan

By AGN EditorNo Comments

EV & Electric Cars, Industry & Business, News

BYD Rolls Out God’s Eye ADAS Across Full Line-Up in China

On December 30, 2025, BYD announced it is continuing to roll out its God's Eye advanced driver assistance system (ADAS) across all of its vehicle models. The company aims to make the technology more accessible by integrating it into affordable vehicles.Key TakeawaysBYD has equipped over 2.3 million Chinese vehicles with God's Eye ADAS, including nearly half a million in November alone.The system generates daily data from more than 150 million kilometers of driving to refine algorithms without needing hardware upgrades.BYD’s approach differs from competitors by offering advanced assisted driving technology across all price ranges rather than limiting it to luxury models.BYD highlighted its deployment is supported by China's largest vehicle cloud database and the world’s biggest EV engineeri...

Chinese Auto Giants Streamline Brands for Competitive Edge in 2025

1Jan

By S.MartinezNo Comments

Industry & Business, News

Chinese Auto Giants Streamline Brands for Competitive Edge in 2025

As the year 2025 draws to a close, Chinese automakers are tightening their belts and streamlining operations. Geely's recent merger of Zeekr into its fold is just one example of how companies are consolidating brands to better compete in an increasingly crowded market.Key TakeawaysIn 2025, Chinese automakers shift from brand expansion to internal consolidation for efficiency and competitive edge.Geely completes the merger of Zeekr into a wholly-owned subsidiary to enhance strategic synergies across its brands.The move reflects broader industry trends as companies adapt to rising competition and cost pressures.In late 2025, Geely announced that it had completed the privatization and integration of Zeekr Intelligent Technology. This merger brings together key passenger car brands like Lynk &...

China’s NEV Market Grows Despite Overall Slump in December

1Jan

By S.MartinezNo Comments

EV & Electric Cars, Industry & Business, News

China’s NEV Market Grows Despite Overall Slump in December

As the year winds down, China's new energy vehicle (NEV) market is showing signs of resilience. From December 1 to 28, NEVs saw a modest increase in retail sales by 5% compared to last year despite overall passenger car sales dropping 17%. It's clear that electric vehicles aren't just here to stay—they're growing stronger.Key TakeawaysThe NEV market in China grew by 5% from December 1-28, year-on-year.Total passenger car sales dropped 17%, highlighting the strength of electric vehicles despite overall industry challenges.This month's retail penetration rate for NEVs reached an impressive 61.8 percent, showing their growing dominance in China's auto market.Despite a challenging year-end period for passenger car sales, new energy vehicle (NEV) sales are bucking the trend with continued growt...

Kia EV5 Set for Mid-Cycle Refresh in Late 2026

1Jan

By J.CarterNo Comments

EV & Electric Cars, Industry & Business, News

Kia EV5 Set for Mid-Cycle Refresh in Late 2026

Kia is set to refresh its all-electric crossover, the EV5, less than two years after it debuted. The update will focus on technology and design improvements as rivals like Tesla and BYD continue to push boundaries.Key TakeawaysKia plans a mid-cycle refresh for the 2025 EV5 by late 2026, with tech upgrades expected.The update aims to enhance charging speeds and efficiency compared to rivals like Tesla's Model Y and BYD's Sealion 7.Design changes hint at improvements in cabin comfort and technology features based on the Weekender concept car.Kia’s General Manager of Product Planning, Roland Rivero, recently confirmed that a mid-cycle refresh is planned for the EV5. The update will likely include cosmetic tweaks as well as tech enhancements to keep up with competitors such as Tesla and BYD in...