13:25
Chinese electric vehicle manufacturer Xpeng has announced a recall of 33,473 X9 multi-purpose vehicles after a potential defect affecting the front air suspension system raised safety concerns. The recall was disclosed in a notice published by China's market regulator on Friday. The action covers X9 vehicles manufactured between August......
German automaker Volkswagen posted a steep decline in second-quarter earnings after weaker sales in China and significant one-off charges weighed heavily on its financial performance. The disappointing results underline the mounting challenges facing one of Europe's largest car manufacturers as global competition intensifies and demand......
China is expanding its trade-opening strategy by extending tariff-free access to its domestic market to a total of 63 countries. The move is part of Beijing's broader efforts to strengthen international trade, diversify its commercial partnerships, and reinforce its position in the global economy. Alongside reducing tariff barriers, Chinese......
The upcoming stock market debut of CXMT is expected to become a defining moment for China's industrial strategy, showcasing how long-term government investment is being used to accelerate the country's ambitions in advanced semiconductor manufacturing. Beyond the listing itself, the initial public offering is widely viewed as a demonstration......
Ford is preparing to transform its Valencia manufacturing facility in Spain into the foundation of a new European-focused joint venture with Chinese automaker Geely, marking a strategic shift in the American group’s industrial approach. The partnership will allow Geely to produce vehicles at Ford’s Spanish plant near Valencia,......
The US Senate Commerce Committee has approved legislation aimed at tightening restrictions on Chinese automotive companies operating in the American market, a move that could also affect global carmakers with significant Chinese ownership ties. The proposed measure seeks to strengthen existing limits on Chinese automakers and related entities,......
Chinese authorities are preparing for an intensified flood season as meteorologists warn that extreme rainfall is expected to become more frequent and more intense from late July through early August, particularly across northern China. Weather experts say the country has entered its annual peak flood-control period, with forecasts indicating......
Canada has called for renewed efforts to reduce tensions in the Middle East and achieve a lasting ceasefire, while also expressing concern over recent maritime confrontations in the South China Sea, Foreign Minister Anita Anand said during diplomatic meetings in Manila. Speaking on the sidelines of the Association of Southeast Asian Nations......
Australia's Foreign Minister Penny Wong has warned that countries across Asia face a strategic choice in how they respond to what Canberra describes as increasingly concerning behavior in the South China Sea, highlighting renewed tensions over maritime security in the region. Speaking on the sidelines of the Association of Southeast Asian......
Volkswagen is strengthening its autonomous driving strategy in China by expanding the collaboration between its local automated driving unit, CARIZON, and Chinese technology company Horizon Robotics. The enhanced partnership is designed to accelerate the development of next-generation artificial intelligence systems for intelligent vehicles......
Tensions between China and the Philippines have intensified following a new maritime confrontation in the South China Sea, bringing the long-running territorial dispute back into focus as Southeast Asian foreign ministers meet in Manila. The latest incident reportedly occurred near Second Thomas Shoal, a contested feature in the Spratly Islands.......
China’s passenger car market is heading toward a difficult year as weakening consumer demand and intensifying competition put pressure on sales. Recent figures suggest that 2026 could become the sector’s weakest year since 2021, following a period of strong growth and record sales in the previous year. Passenger vehicle sales......
Taiwanese prosecutors have indicted a former employee of Taiwan Semiconductor Manufacturing Company (TSMC) over allegations of stealing sensitive semiconductor trade secrets that could have been used in China. The case highlights growing concerns over the protection of advanced chip technology as competition intensifies between Taiwan, China......
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Throne Day 2026
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GITEX Africa: The New Frontiers Of African Innovation
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