Automotive Industry and Business News

WeRide Cuts Losses Amid Major Revenue Surge in Q3

25Nov

By AGN EditorNo Comments

WeRide Cuts Losses Amid Major Revenue Surge in Q3

WeRide's latest financials reveal an encouraging trend: the autonomous driving pioneer has slashed its net loss to a mere 307.3 million yuan ($42.9m) for the third quarter of 2025, down from a staggering 1.04 billion yuan in Q3 of last year.Revenue saw an incredible jump of 144.3% year-on-year to 170.9 million yuan—a record-high for the company, according to WeRide's report. The surge is largely credited to increased sales of robotaxis and robobuses, alongside robust service revenue growth.On the operational front, WeRide has made significant strides globally. The company boasts a fleet exceeding 1,600 autonomous vehicles, with nearly three-quarters being robotaxis. This massive fleet now holds licenses in eight countries following regulatory approvals in Abu Dhabi and Switzerland.In an in...

Kia Unveils Next-Gen Telluride at LA Show

25Nov

By AGN EditorNo Comments

Industry & Business, News, SUV & Crossovers

Kia Unveils Next-Gen Telluride at LA Show

Kia just dropped the bomb on the automotive world with its all-new Telluride SUV at the Los Angeles Auto Show. The South Korean brand is stepping up its game, and this new model isn't messing around.The latest version of the Telluride comes packed with upgrades that cater to every driver's needs, from tech-savvy millennials to families looking for a spacious ride. With a turbo-hybrid option boasting 329 hp, Kia is pushing hard into hybrid territory while maintaining its commitment to performance.One of the standout features? A 600-mile range when running on the Turbo-Hybrid powertrain, which also delivers up to 35 mpg. The ICE version isn't slouching either; it packs a punch with its 274 hp engine and can tow up to 5,000 pounds—making this SUV perfect for those who need to haul heavy loads...

25Nov

By AGN EditorNo Comments

Industry & Business, News, SUV & Crossovers

Audi’s Bold Move with China-Only EV SUV Under AUDI Sub-brand

Audi is making waves in the Chinese market by launching another model under its newly created AUDI sub-brand, this time a fully electric SUV that will debut at Auto Guangzhou 2025. It’s part of their strategic pivot to cater directly to China's unique tastes and demands.The new E SUV Concept is a massive vehicle, outsizing even the Q8 e-tron that Audi recently discontinued. With dimensions of 5057mm long, 2042mm wide, and 1786mm high, it’s built to offer generous rear legroom, a feature Chinese buyers adore.The design is a clean break from the traditional Audi look. No more iconic Four Rings here; instead, the front grille proudly displays 'AUDI' in large letters. It's sleek and minimalist with flush door handles, slim C-shaped lighting elements, and roof-mounted LiDAR pods that hint at ad...

2026 Ford Ranger and Everest Get Refreshed, Lose Bi-Turbo Diesel

25Nov

By AGN EditorNo Comments

Industry & Business, News, Pickup Trucks

2026 Ford Ranger and Everest Get Refreshed, Lose Bi-Turbo Diesel

Ford Australia's top dogs, the Ford Ranger and Everest, have just received a mid-life refresh that shakes things up under the hood while leaving most of their looks alone. It's a move that signals changing times for one of the country's best-selling vehicles.The exterior changes are subtle—new grille designs, fresh wheel styles on select models, and some new paint options. But let’s be clear: this is more about what lies beneath than what catches the eye from outside. The real news here is the departure of the popular 2.0-litre bi-turbo diesel engine in favor of a revised 2.0 single-turbo unit and an expanded range for the 3.0-liter V6.The switch to a more reliable but less powerful single-turbo setup is part of Ford's global strategy to simplify its lineup. While it might disappoint some ...

Changan Takes Over Former Hyundai Factory in Chongqing

25Nov

By AGN EditorNo Comments

Guides & Maintenance, Industry & Business, News

Changan Takes Over Former Hyundai Factory in Chongqing

Automobile Changan has taken over a former Beijing Hyundai factory located in Chongqing, China. The move is aimed at boosting production capacity for its Deepal brand vehicles. This strategic acquisition comes as Changan strives to meet ambitious sales targets while facing limitations in current manufacturing capabilities.The change of ownership was initially reported by The Economic Observer and has since been confirmed by Deepal. By the end of October, new logos were already installed at the facility, although production hasn't started yet. This shift is part of Changan's growth strategy, with a goal to produce three million vehicles in 2025 compared to just over two million last year.Beijing Hyundai, a joint venture between Hyundai and BAIC, opened this plant in Chongqing back in 2017. ...

Automotive Industry Embraces Automation for Decarbonization

25Nov

By AGN EditorNo Comments

Industry & Business, News

Automotive Industry Embraces Automation for Decarbonization

The automotive industry is moving towards a future where automation plays a pivotal role in reducing carbon emissions. At Rockwell Automation’s 2025 Automation Fair, experts from various sectors discussed how advanced control systems and digital traceability are reshaping manufacturing processes to be more sustainable. The panel, moderated by Stan Miller, highlighted that automation isn't just a tool but the backbone of decarbonization efforts.Bolder Industries showcased their innovative approach to dealing with scrap tires, turning them into valuable feedstocks like recovered carbon black and circular oils through depolymerization. This process not only reduces waste but also creates new raw materials for industries that require high-quality inputs.Utility Global’s COO Derek Kramer presen...

Hyundai Unveils Crater Concept for Off-Road Adventure

25Nov

By AGN EditorNo Comments

Industry & Business, News, SUV & Crossovers

Hyundai Unveils Crater Concept for Off-Road Adventure

At AutoMobility LA 2025, Hyundai unveiled the Crater Concept, an off-road adventure SUV that embodies rugged design and extreme capability. The compact vehicle was conceived at Hyundai America Technical Center in Irvine, California, inspired by the diverse terrain of the region. SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design, described it as a response to the question: 'What does freedom look like?' This concept car is designed to inspire customers to explore deeper into adventurous territories.Crater Concept's design elements reflect its XRT spirit, offering robust protection and connectivity features. The vehicle boasts 18-inch hexagonal wheels with generous 33-inch off-road tires for superior traction and ground clearance. A wide skid plate protects ...

Honda Brings Back CR-X Spirit with Integra Concept

25Nov

By AGN EditorNo Comments

Industry & Business, News

Honda Brings Back CR-X Spirit with Integra Concept

Honda's latest concept car, the two-door GAC Honda Integra, is making waves at the Guangzhou Auto Show. The new design draws inspiration from the classic CR-X but comes with a modern twist in the form of a targa roof and manual gearbox.The exterior changes include a removable hardtop section that takes cues from earlier open-top Honda models like the CR-X del Sol. Inside, the concept offers limited seating for four passengers, making it more of a showcase vehicle rather than a production-ready model. As we reported in our previous analysis on Honda's Integra name revival, this is part of an ongoing effort to breathe new life into classic brands.Underneath the hood, the car houses a 1.5-liter turbocharged VTEC engine producing approximately 180 horsepower. While the exact specifications are...

Xpeng’s Iron Robot Proves Itself On Stage

25Nov

By AGN EditorNo Comments

Industry & Business, News

Xpeng’s Iron Robot Proves Itself On Stage

Xpeng, a rising star in China’s electric vehicle (EV) market, has taken its humanoid robot development to new heights with the unveiling of Iron. The Iron robot is not just another piece of technology; it's designed to look and act almost identically to a human being, walking and talking as naturally as any person would.During the launch event in China, Xpeng decided to take an unconventional approach to proving its capabilities. When online rumors suggested that the humanoid robot was actually a human dressed up for effect, Xpeng took matters into their own hands. They cut open the robot's leg on stage to reveal its mechanical innards, showing everyone present and watching online exactly how advanced Iron really is.The company’s CEO and co-founder He Xiaopeng believes that robotics will s...

Tesla Faces AI Talent Exodus to Emerging Startup Sunday Robotics

25Nov

By AGN EditorNo Comments

EV & Electric Cars, Industry & Business, News, Tech & Autonomous

Tesla Faces AI Talent Exodus to Emerging Startup Sunday Robotics

Tesla is witnessing a significant shift in its internal dynamics as key engineers and leaders from its Autopilot and Optimus teams are making their way to a newly emerged startup called Sunday Robotics. This move isn't just any standard poaching scenario; it's an unexpected departure of talent towards a small, under-the-radar company rather than large tech giants or established automotive players.Despite being a relatively unknown entity until recently, Sunday Robotics has managed to secure $35 million in funding from Benchmark and Conviction. The startup is led by Stanford roboticists Tony Zhao and Cheng Chi, who are bringing with them an impressive roster of talent from Tesla's machine learning team. Among the notable departures include Nishant Desai, a long-time member of Tesla’s Autopi...