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.

Perodua Unveils Malaysia’s First Homegrown EV, QV-E
EV & Electric Cars, Industry & Business, News

Perodua Unveils Malaysia’s First Homegrown EV, QV-E

Malaysia’s automotive industry has taken a significant step forward with the launch of Perodua’s QV-E, marking the country's first fully homegrown electric vehicle (EV). The subcompact crossover is priced at RM85,000 ($19,400), but buyers must lease its 52.5-kWh battery separately for nine years to drive it.Key TakeawaysThe QV-E is Malaysia’s first locally developed electric vehicle, priced at RM85,000 ($19,400).Batteries are leased for nine years, adding an extra cost to the ownership.The EV offers a range of 277 miles and comes with a powerful 201 hp motor.Perodua’s QV-E is not just another electric car; it's a milestone in Malaysia’s automotive history. The brand has invested RM800 million ($194 million) since May 2023 to develop the model, which started as a scale model of the EMO conc...
China’s NEV Market Shows Modest Growth in November
EV & Electric Cars, Industry & Business, News

China’s NEV Market Shows Modest Growth in November

The latest data from the China Passenger Car Association (CPCA) reveals that new energy vehicle (NEV) retail sales in China grew by a modest 7% year-on-year to reach 1.354 million units last month, despite ongoing adjustments to trade-in subsidies.Key TakeawaysNew energy vehicle (NEV) retail sales in November were up by 7% compared to the same period a year ago.The NEV market saw a slowdown as consumers waited for further subsidy adjustments.Total passenger car retail sales dipped slightly, but NEVs continued their strong growth trajectory.Despite the positive numbers, it's clear that November wasn't quite what the industry hoped for. The CPCA noted that trade-in subsidies are phasing out in many provinces, leading to a wait-and-see attitude among consumers.The year-to-date figures paint a...
Hyundai Tucson N Line: A Sporty Family SUV for £243 a Month
Industry & Business, News, SUV & Crossovers

Hyundai Tucson N Line: A Sporty Family SUV for £243 a Month

Hey car enthusiasts! Today’s deal is something to get excited about – the Hyundai Tucson N Line, available on lease for just £243 per month. With its sporty styling and family-friendly features, this mid-range model offers incredible value.Key TakeawaysAffordable monthly payment of £242.52 through AA LeaseN Line package includes racy body styling, 19-inch wheels, and luxurious interior featuresFully loaded with twin 12.3-inch screens, wireless charging, rear privacy glass, and ambient lightingAnd just like that, the Hyundai Tucson N Line is back in our spotlight after months of steady prices. This deal offers a fantastic opportunity to get behind the wheel of one of the best-selling SUVs on the market.The appeal lies not only in its sporty exterior but also in the interior where you’ll fin...
Peugeot Plans to Reclaim GTi Glory with New Models
EV & Electric Cars, Industry & Business, News

Peugeot Plans to Reclaim GTi Glory with New Models

Imagine the thrill of revving up a Peugeot GTi, evoking memories of its legendary past. The brand's CEO is determined to bring back that classic performance and excitement.Key TakeawaysNew models will pay homage to the original 205 GTiThe company aims for a strong comeback in the hot hatch segmentA focus on modern technology and eco-friendly enginesPeugeot's CEO, Thomas Buberl, is taking us back to the days when Peugeots were synonymous with performance. The brand plans to release new GTi models that capture the essence of its iconic 205 GTi from the '80s.The plan isn't just about nostalgia; it's a strategic move to reclaim market share in an increasingly competitive hot hatch segment where brands like Volkswagen and Renault have long dominated. Peugeot wants to be at the top again, provin...
Electric Safari Vehicles Set to Roam Quietly with UK Kits
EV & Electric Cars, Industry & Business, News

Electric Safari Vehicles Set to Roam Quietly with UK Kits

Imagine the thrill of a safari without the roar of engines and exhaust fumes. That's exactly what Electric Classic Cars (ECC) and South Africa’s leading electric vehicle builder, Electric Safari Vehicles (ESV), are aiming for. They've just announced a partnership to bring clean, efficient EV conversion kits to safari vehicles.Key TakeawaysECC's UK-built conversion kit will make it easier and cheaper for safari operators to go electric.The deal combines ECC’s engineering expertise with ESV’s deep knowledge of the safari industry.This collaboration promises a smoother transition to sustainable transport, benefiting both wildlife and guests alike.With this partnership, ECC's CEO Richard Morgan sees an opportunity to support the safari industry in its shift towards greener practices. “Our miss...
Tesla Launches ‘Standard’ Model 3 in Europe at €36,990 to Boost Sales
EV & Electric Cars, Industry & Business, News

Tesla Launches ‘Standard’ Model 3 in Europe at €36,990 to Boost Sales

<a href="https://autoglobalnews.com/mercedes-glc-eq-vs-tesla-model-y-a-premium-showdown/" style="color:#1a73e8;text-decoration:underline;" title="Mercedes GLC EQ vs Tesla Model Y: A Premium Showdown">Tesla has launched a new “Standard” trim for the Model 3 in major European markets including Germany and Italy. The car starts at an aggressive price of €36,990, aiming to compete with mass-market ICE vehicles while undercutting rivals.Key TakeawaysTesla's Model 3 Standard trim now costs €36,990 in Germany and Italy.The automaker faces a tough quarter with sales down significantly across Europe excluding Norway.New entry-level options for the Model Y also aim to boost competitiveness but come at higher price points than their Model 3 counterparts.European registration data shows Tes...
GATE Launches Electric Semi-Tractor and Vans for Long-Term Rental
Industry & Business, News

GATE Launches Electric Semi-Tractor and Vans for Long-Term Rental

Exciting news for commercial vehicle enthusiasts! GATE, the joint venture between Iveco and financial services provider DLL, is expanding its electric fleet with new offerings that promise to revolutionize sustainable transportation. From now on, businesses can rent the battery-electric tractor S-eWay and the eSuper Jolly van via a pay-per-use model.Key TakeawaysGATE introduces new electric vehicles for long-term rental in Germany, France, and Italy.The fleet now includes the S-eWay semi-tractor and eSuper Jolly van with more models on the way.Renters get comprehensive services including maintenance, insurance, and digital monitoring tools.Imagine driving around town in a sleek electric van that's as efficient as it is stylish. That’s exactly what GATE offers with its new eSuper Jolly mode...
BYD Sealion 6 PHEV Launches in Japan, Expanding Market Reach
EV & Electric Cars, Industry & Business, News

BYD Sealion 6 PHEV Launches in Japan, Expanding Market Reach

Chinese automaker BYD has made its first foray into the plug-in hybrid segment of Japan's auto market with the launch of the Sealion 6. This marks a significant step as it shifts from focusing solely on battery electric vehicles (BEVs) since entering Japan in 2023.Key TakeawaysBYD introduces its first PHEV, the Sealion 6, to diversify market offerings.The DM-i hybrid system provides efficient and quiet driving experience in both FWD and AWD variants.Pricing starts at JPY 3,982,000 for the front-wheel-drive model and JPY 4,488,000 for the four-wheel-drive version.The Sealion 6 is equipped with BYD's DM-i hybrid system, which offers a blend of efficiency and performance. This technology builds on the company’s reputation for innovative propulsion systems that have been well-received in other...
Hellobike Aims for Robotaxi Mass Production by June 2026
Industry & Business, News

Hellobike Aims for Robotaxi Mass Production by June 2026

Chinese bike-sharing giant Hellobike is ramping up its autonomous vehicle ambitions, with plans to deliver small batches of L4 robotaxis in March and achieve mass production by June next year. The company's first model, the HR1 (Hello Robot1), will be based on the Venucia VX6 electric SUV.Key TakeawaysHellobike anticipates small-batch deliveries of its L4 robotaxi models in March 2026 and mass production by June.The company's vehicle manufacturing partner is Dongfeng Nissan’s Venucia brand, with the first model based on the VX6 SUV.Hellobike aims to deploy over 50,000 robotaxis across China by 2027 as part of its expansion plans.The HR1 is a significant step for Hellobike, which entered the autonomous driving market this year with backing from Ant Group and CATL. The company's entry into t...
Top Cyber Monday Deals for Automotive Enthusiasts
Industry & Business, News

Top Cyber Monday Deals for Automotive Enthusiasts

Cyber Monday presents a plethora of automotive deals, offering discounts on everything from high-end watches to essential tools and car accessories. SEIKO Prospex Speedtimer chronographs are available at significant discounts, alongside DeWalt power tools, Wolfbox camera systems, and more.Key TakeawaysSEIKO Prospex Speedtimer watches up to 22% offDeWalt 20V drill kit at a 45% discountOBDeleven car diagnostic and customization software plans 30% offThe SEIKO Prospex Speedtimer, typically priced around $695, is now available for approximately $540—a significant reduction. This luxury watch combines style with functionality, making it a must-have accessory for car enthusiasts.DeWalt offers an excellent deal on their 20V drill kit, including the battery and charger, which can be purchased for ...