Global electric vehicle sales declined again in February, highlighting mounting challenges for the fast growing industry as demand cools in key markets. New data from industry analysts show global registrations of battery electric and plug in hybrid vehicles fell by 11 percent year
BMW expects a gradual recovery in its China business after a challenging year that saw sales decline sharply across the world’s largest automobile market. Executives at the German luxury carmaker say market conditions have begun to stabilise following a period of price pressure
Chinese semiconductor designer Cambricon Technologies has announced plans to distribute its first ever dividend after reporting a full year profit for 2025, marking a significant milestone for the company often described as a domestic alternative to leading global chipmakers. The Beijing based firm
China’s semiconductor sector is entering a new phase of expansion in 2026 as several domestic fabrication facilities begin moving from construction into active production. The development reflects rising demand for integrated circuits across industries such as electric vehicles, consumer electronics, telecommunications equipment, and
Canada will allow thousands of electric vehicles produced in China to enter its market during the first year of a newly established quota system without requiring the vehicles to meet a price threshold previously associated with affordable EV programs. The regulation forms part
China is accelerating efforts to expand its domestic commercial aircraft industry as Beijing pushes forward with a national aviation strategy aimed at increasing production of the C919 passenger jet while reducing reliance on foreign suppliers. The plan outlines a broader push to strengthen
China’s semiconductor industry is expanding fabrication capacity in 2026 as domestic demand for chips continues to rise across multiple sectors of the economy. From electric vehicles and consumer electronics to industrial automation and telecommunications infrastructure, semiconductors have become essential components of modern manufacturing
China’s automotive market recorded a sharp slowdown in February as domestic sales declined significantly due to fewer business days during the Lunar New Year holiday period and the gradual removal of electric vehicle incentives. Data released by industry authorities shows that wholesale vehicle
BMW will recall 147830 vehicles in China after regulators identified a manufacturing defect involving the starter motor that could increase the risk of fire in rare circumstances. China’s State Administration for Market Regulation announced the recall as part of its vehicle safety oversight
Tesla recorded a sharp increase in sales of its China manufactured electric vehicles in February, highlighting renewed momentum for the US automaker in the world’s largest EV market. Deliveries of Model 3 and Model Y vehicles produced at Tesla’s Shanghai factory reached 58600
