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Dec 01, 2025Second Hand Tire/used Tyres MarketIndustry development The used tire market is projected to grow from US$25.69 billion in 2024 to US$45.24 billion in 2034, representing a CAGR of 5.82% over the forecast period. ... -
Jul 15, 2025BYD Plans To Triple Its Business in Saudi ArabiaAccording to media reports, Chinese automaker BYD is planning a major expansion in Saudi Arabia, aiming to leverage the country's ambitions to become a new hub for new energy ve... -
Jul 15, 2025Canadian Government Stands Firm On Mandatory Zero-Emission Vehicle PolicyAccording to media reports, the Canadian government has reaffirmed its commitment to its mandatory zero-emission vehicle (ZEV) sales targets, despite urgent warnings from the au... -
Jul 14, 2025Ford To Outsource More Internal Combustion Engine Production To Suppliers Ami...According to media reports, Ford Vice Chairman John Lawler stated that as automakers seek to counter the cost advantages of Chinese competitors, internal combustion engines (ICE... -
Jul 14, 2025China Approves Synopsys' $35 Billion Acquisition Of AnsysOn July 14, Synopsys Inc. received approval from Chinese regulators to acquire U.S.-based Ansys for $35 billion, a move that will significantly strengthen Ansys' leading pos... -
Jul 12, 2025Trump Announces 50% Tariff On Imported Copper Starting August 1According to Bloomberg, U.S. President Donald Trump has announced that the United States will impose a 50% tariff on imported copper starting August 1. The move is expected to i... -
Jul 12, 2025BYD Celebrates One-Year Anniversary Of Thai Factory OperationsBYD's factory in Rayong Province, Thailand, has marked its first anniversary of production and celebrated the delivery of its 90,000th new energy vehicle (NEV) in the countr... -
Jul 11, 2025ZF CFO: Stricter Cost-Cutting Measures Coming If Vehicle Production Continues...According to media reports, on July 10, Michael Frick, Chief Financial Officer of ZF Friedrichshafen-Germany's second-largest automotive parts supplier-told WirtschaftsWoche mag... -
Jul 11, 2025Volvo Reportedly Lays Off 15% Of U.S. Workforce To Tackle Global Market Chall...According to media reports, Swedish automaker Volvo Cars has implemented significant cost-cutting measures in the United States in response to ongoing global market uncertaintie... -
Jul 10, 2025€852 Million And 56GWh! EU Makes Major Investment in EV Battery DevelopmentThe first €852 million in funding under the "IF24 Battery" initiative has been allocated to six selected projects. Once operational, these projects are expected to deliver ... -
Jul 10, 2025BYD Expands Into Japanese MarketBYD plans to launch a mini electric vehicle in Japan in the second half of 2026. In recent years, the company has significantly increased its investment in the Japanese market, ... -
Jul 09, 2025UK New Car Sales Up 6.7% in June; EV Market Faces Incentive ChallengesAccording to data released by the Society of Motor Manufacturers and Traders (SMMT), new car registrations in the UK rose by 6.7% year-on-year in June to 191,316 units , marking...
