QCraft raises $100m for autonomous driving tech
Chinese autonomous driving technology developer QCraft has closed a $100m Series D funding round. The investor line-up includes Ningbo Ninghai Xingtaihe …
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Xpeng posts first quarterly profit as deliveries and margins rise
Chinese electric vehicle maker Xpeng has reported its first quarterly profit, supported by higher deliveries, stronger revenue and improved gross …
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Volkswagen to press ahead with restructuring, CEO says
Volkswagen Group will continue with its restructuring programme even as its order backlog grows, chief executive Oliver Blume told German …
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ASEAN LV market set to decline in 2026 despite strong January sales
ASEAN Light Vehicle (LV) sales surged by 31% year-on-year (YoY) in January 2026, with growth seen across the region, except …
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DNP establishes second overseas R&D Base in India
Dai Nippon Printing (DNP) will establish a new research and development base in Telangana, India, in April 2026, to advance …
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Tensor shows its ‘Robocar’ in London
Tensor has shown the Tensor Robocar in the UK for the first time at a conference - the 5th annual …
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Tesla and SpaceX to build Terafab chip complex in Austin
Elon Musk has said that Tesla and SpaceX plan to jointly build an advanced chip manufacturing project in Austin, Texas, …
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Global light vehicle market falters in February
For February, the Global Light Vehicle (LV) selling rate improved modestly to 86.6 mn units/year, on what was a weak …
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More European automotive suppliers bracing for losses
European automotive suppliers trade body CLEPA has warned that more of its members are forecasting a drop to profitability in …
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Lamborghini posts 3.3% revenue rise in 2025 but operating profit falls
Automobili Lamborghini has reported record revenue and deliveries in 2025, while operating income and margin declined from the prior year. Revenue …
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ZF signals more divestments as it targets lower debt
ZF Friedrichshafen its annual report revealed it may sell additional businesses as it works to further reduce net debt. In 2025, …
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NHTSA steps up Tesla FSD probe
The US National Highway Traffic Safety Administration (NHTSA) has stepped up its review of Tesla vehicles equipped with Full Self-Driving …
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WeRide enters Slovakia through ELEVATE partnership
WeRide has forayed into Slovakia through a strategic partnership with ELEVATE Slovakia to deploy autonomous vehicles. The move marks WeRide's fourth …
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BorgWarner secures its first 48V electric cross differential order in China
BorgWarner has secured a new electric cross differential (eXD) program with a Chinese original equipment manufacturer (OEM). The eXD solution is …
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NXP unveils third-generation RFCMOS automotive radar transceiver
NXP Semiconductors has announced its third-generation RFCMOS automotive radar transceiver, the TEF8388. The company said the device is designed for imaging …
