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.

Industry & Business, News

K1 Speed Partners with Porsche for Driver Development

Porsche Motorsport North America and K1 Speed have teamed up to give kart racers a clearer path into professional racing. The partnership will see Porsche branding in all 72 K1 centers across the U.S., while select drivers from K1's national competition can get free entry into future Porsche Sprint Challenge races.Key TakeawaysPorsche and K1 Speed have formed a multi-year partnership to boost driver development in North America.The agreement includes displaying Porsche branding at all 72 K1 centers nationwide, plus decals on race cars for various Porsche series.K1's top racers from the teen and adult classes each year will get free entry into future Porsche Sprint Challenge races.Volker Holzmeyer of PMNA says they're excited to connect with motorsport enthusiasts through K1 Speed. The part...
Tata Punch EV Facelift Set for 2026 with Tech Boost
EV & Electric Cars, Industry & Business, News

Tata Punch EV Facelift Set for 2026 with Tech Boost

Tata Motors is gearing up to launch the facelift version of its popular compact electric vehicle, the Tata Punch EV, in fiscal year 2026. The update aims to enhance both the exterior and interior designs while keeping mechanical changes at bay.Key TakeawaysTata will introduce a refreshed version of its affordable electric car, Punch EV, in FY 2026.The facelift includes upgraded tech features like improved charging speeds and digital key functionality.Punch EV's interior gets enhancements such as a larger infotainment screen and premium audio system with Dolby Atmos.Starting at Rs. 9.99 lakh, the current Tata Punch EV competes in India’s growing affordable electric vehicle market where it faces stiff competition from rivals like Maruti Suzuki's Burgan E-Variant and Hyundai Kona Electric.The...
BYD Yangwang Unveils Green Edition of U9 Electric Supercar
EV & Electric Cars, Industry & Business, News

BYD Yangwang Unveils Green Edition of U9 Electric Supercar

Have you ever dreamed of owning a car that's not just fast but also makes a statement with its striking green exterior? BYD Yangwang has answered the call, introducing a special edition of their U9 electric supercar. This new version celebrates the vehicle’s success at Germany’s Nürburgring circuit.Key TakeawaysThe green exterior commemorates the U9 Xtreme's record-breaking lap time and top speed.Clients can choose this exclusive edition for an additional RMB 50,000 on top of its base price of RMB 1.8 million.BYD Yangwang has sold a total of 182 U9 units by the end of November, including one unit of the special green version.The new edition's exterior is inspired by blurred forest views at high speeds, where greens merge into unique hues. It’s not just about looks though; this car packs a ...
Industry & Business, News

Hyundai’s Yang Hee-won Steps Down, Genesis GV90 Gear Selector Revealed

As Hyundai Motor Group navigates a period of leadership transition with the retirement of its Research and Development Chief Yang Hee-won, fans are also getting excited about the latest spy shots of the upcoming Genesis GV90. With Yang's departure opening doors for new talent to join the ranks at one of South Korea’s most influential automakers, how will this impact future projects?Key TakeawaysR&D Chief Yang Hee-won retires from Hyundai Motor Group after years of service.New spy shots reveal the Genesis GV90's gear selector, mirroring the Neolun concept car's design.The future direction for R&D at Hyundai remains uncertain with Yang’s departure but full of potential.Yang Hee-won has been a driving force behind many groundbreaking projects and initiatives that have helped Hyundai M...
Musk Downplays Waymo’s Self-Driving Capabilities, Predicts Tesla Will Dominate
EV & Electric Cars, Industry & Business, News

Musk Downplays Waymo’s Self-Driving Capabilities, Predicts Tesla Will Dominate

<a href="https://autoglobalnews.com/new-mercedes-cla-vs-tesla-model-3-and-mg-the-battle-for-best-compact-ev/" style="color:#1a73e8;text-decoration:underline;" title="New Mercedes CLA vs Tesla Model 3 and MG: The Battle for Bes">Tesla CEO Elon Musk took a swipe at rival self-driving company Waymo on X Wednesday, saying that the firm “never really had a chance” against his own company. The comments come as both firms vie for dominance in autonomous vehicle technology.Key TakeawaysTesla CEO Elon Musk claims Waymo never stood a chance against Tesla's self-driving tech.Musk predicts that the superiority of Tesla’s approach will be clear with hindsight.The companies differ in their approaches to autonomous driving, with Tesla relying solely on vision and Waymo using LiDAR technology.D...
Voyah Launches Passion L Hybrid Sedan with Impressive Range and Specs
EV & Electric Cars, Industry & Business, News

Voyah Launches Passion L Hybrid Sedan with Impressive Range and Specs

Voyah, a new energy vehicle brand under Dongfeng Motor Group, has unveiled the Voyah Passion L hybrid sedan in China. Starting at RMB 279,900 ($39,630), this luxury model boasts an impressive CLTC range of up to 1400 kilometers and is set to compete with established brands like BMW, Audi, and Mercedes-Benz.Key TakeawaysVoyah Passion L offers a starting price of RMB 279,900 ($39,630) in China.The sedan features an industry-leading CLTC range of up to 1400 kilometers and supports fast charging from 20% to 80% in just 12 minutes.It comes equipped with a powerful battery pack (63 kWh), all-wheel-drive system, and advanced smart driving technology by Huawei.The Voyah Passion L is the brand's latest flagship model aimed at challenging luxury sedans from international brands such as BMW 5 Series,...
SuperPanther Teams Up with ELMI Power for European Expansion
Industry & Business, News

SuperPanther Teams Up with ELMI Power for European Expansion

Chinese electric truck maker SuperPanther is partnering up with German-Chinese charging specialist ELMI Power to offer a tailored charging infrastructure solution. This collaboration aims at providing high-performance chargers without the need for extensive grid upgrades.Key TakeawaysSuperPanther and ELMI Power are collaborating on pilot projects in Europe starting next year.The partnership will focus on integrating charging systems into SuperPanther's electric truck ecosystem, followed by depot solutions for logistics centers.This collaboration aims to accelerate the electrification of large fleets while reducing strain on power grids.SuperPanther plans to roll out its first pilot projects in Europe next year. They're partnering with ELMI Power to develop a battery-buffered charging syste...
SuperPanther Teams Up with ELMI Power for European Expansion
EV & Electric Cars, Industry & Business, News

SuperPanther Teams Up with ELMI Power for European Expansion

Chinese electric truck manufacturer SuperPanther has inked a strategic deal with Sino-German charging specialist ELMI Power to boost its presence in Europe. The partnership aims to provide suitable charging infrastructure and pilot projects starting next year.Key TakeawaysSuperPanther collaborates with ELMI Power for European expansion through tailored charging solutions.The companies plan joint pilot projects in Europe for 2026, focusing on depot and logistics site electrification.This collaboration addresses grid limitations by enabling high-power truck charging at lower connection values.SuperPanther's CEO Chao Liu sees this partnership as a way to offer customers tailor-made solutions that accelerate the transition towards electric mobility. The company has been developing its own tech...
Hot Rod Power Tour Returns in 2026: Dates, Locations Announced!
Industry & Business, News

Hot Rod Power Tour Returns in 2026: Dates, Locations Announced!

The Hot Rod Power Tour is back for its 32nd year and it's a big one! Fans of classic cars can mark their calendars now as the event will celebrate Route 66’s centennial by driving along this iconic American road. Starting June 8, 2026 in Joliet, Illinois, car enthusiasts won't want to miss out.Key TakeawaysThe Power Tour runs from June 8–12, following Route 66’s historic route through Illinois and Oklahoma.Celebrate the centennial of America's most famous road with fellow car lovers at five different stops along the way.Registration details are available now for those who want to join this once-in-a-lifetime event.The 2026 Power Tour kicks off in Joliet, Illinois and winds its way through small towns like Rantoul before reaching St. Louis on day three. Each leg of the journey offers a uniq...
Subaru Unveils New $34,995 EV SUV: AWD Optional for First Time in Decades
Industry & Business, News, SUV & Crossovers

Subaru Unveils New $34,995 EV SUV: AWD Optional for First Time in Decades

Subaru is making waves with the introduction of its new entry-level electric vehicle (EV), the 2026 Subaru Uncharted. Available at dealerships early next year starting at just $34,995, this front-wheel-drive model breaks decades-old traditions and offers a compelling alternative to existing models like the Solterra.Key TakeawaysThe 2026 Subaru Uncharted starts at just $34,995 and is available in front-wheel-drive (FWD) configuration for the first time since the early days of Subarus.A powerful all-wheel-drive (AWD) variant with a 74.7 kWh battery pack can achieve up to 338 hp while providing over 300 miles of driving range on a single charge.The Uncharted features an edgy design and advanced driver assistance systems, including Adaptive Cruise Control and Lane Departure Prevention, making ...