Category: News

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Xiaomi’s EV business defies industry slump with standout profitability

… D spending have left many automakers struggling to translate volume … honed in consumer electronics into automotive manufacturing—leveraging established supplier networks … upfront costs. To defend volumes, automakers are expected to introduce compensatory …

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Price Inversion Hits 81.9%: Auto Dealers Trapped in Loss-Making Sales

… Survival Survey" by the China Automobile Dealers Association (CADA), more … models and escalating conflicts with automakers, dealers are facing an unprecedented … collaboration and proactive change can the automotive distribution industry navigate its …

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Beijing E-Town High-end Automotive Components Industrial Park Officially Breaks Ground

… #39;s high-end automotive components industrial park has … manufacturing facilities for premium automotive components. Beijing Yizhuang Automotive Technology Development Co … across key sectors such as automotive, smart manufacturing, and new materials …

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Japanese Automakers in Collective Turmoil

… Blaming the current plight of Japanese automakers solely on intensified competition … expert committee member at the China Automobile Dealers Association, notes that the U … Japanese brands. However, because Japanese automakers have local production bases …

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Automotive Revenue Exceeds 100 Billion Yuan for the First Time! Xiaomi Group 2025 Financial Report Released

… .1 billion yuan. The results show automotive revenue has crossed the 100 billion …

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Jiangsu New Vision Automotive Electronics Officially Lists on HKEX

… ., Ltd., known as New Vision Automotive Electronics, successfully listed on the main … Configuration Report shows New Vision Automotive Electronics ranked second in the market … of 18 leading and emerging automakers. Zejing has secured designations for …

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Shanghai Intelligent Automotive Software Park: Embodied Intelligence “π Platform” — Building a Growth “Accelerator” for Human-Machine Symbiosis

automobiles are highly relevant to embodied intelligence robots—approximately 70% of automakers … Based on Automotive Foundations The Shanghai International Automotive City has cultivated the automotive sector for …

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SK Hynix, 3 other tech giants to take stakes in Nanya Technology

… international tech giants will invest in Taiwan's Nanya Technology … , the statement said. On Wednesday, Nanya Technology announced the pricing of the private placement … and expand production capacity, Nanya Technology said. Liu Pei-chen (劉佩真), an …

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Hyped new electric cars brutally axed

… of the Afeela 1 at the Consumer Electronic Show (CES) in 2023 before revealing … it in production guise at CES in 2025. It had been …

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Iran Signals Potential Threat to Bab al-Mandeb Shipping Route Amid Expanding Conflict

… could target another major global shipping corridor, the Bab al-Mandeb Strait … warned of further escalation if shipping lanes are not restored. He … traffic through Hormuz constrained, some shipping companies have considered alternative routes …

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Melania Trump Launches Global Tech Coalition to Empower Children in the Age of AI

… together world leaders and top technology companies to advance a shared mission … young learners. Major players from the tech world—including companies like Microsoft … . By aligning governments, educators, and tech innovators, the initiative seeks to ensure …

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Saudi Arabia, Bahrain Connected Via GULF SHUTTLE Shipping Service

… . This is through the GULF SHUTTLE shipping service operated by MSC via … enhance maritime connectivity and expand shipping networks. The GULF SHUTTLE service connects …

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540 Indian crew safe in Persian Gulf, says Shipping Ministry

… and remain safe, with private shipping companies maintaining constant communication … and Waterways is closely monitoring shipping movements, port operations, the safety … is continuously and closely monitoring shipping movements, port operations, the safety …

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Health In Tech Announces $7.0 Million Private Placement

… expand sales distribution, advance technology development, support new product … and liquidity. Health In Tech undertakes no obligation … About Health In Tech  Health In Tech, Inc. (Nasdaq: … Investor Contact: Health In Tech Investor Relations ir@ …

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Corinth Canal in Southern Greece to Reopen to Light Shipping in July

… expected to reopen to light shipping in July, following more than …

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Yango Tech has launched industrial AI agents

Yango Tech, B2B technology solutions provider by … . In the medical world, Yango Tech reduces physician admin workloads … , Chief Executive at Yango Tech, said, “Enterprises today are … quality.” The launch reinforces Yango Tech’s alignment with the UAE’ …