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News
Thailand Plans US$714 Million EV Scheme to Replace 80,000 Ageing Vehicles
39+ min ago (682+ words) Thailand is reviewing a 24 billion baht (US$714 million) electric vehicle support programme aimed at replacing up to 80,000 ageing transport vehicles as the country accelerates its energy transition efforts and seeks to revive its automotive sector. The proposed plan would initially…...
Bucking EV Slowdown, Sila Raises $300 Million to Expand Battery Materials Factory | 01
1+ hour, 39+ min ago (308+ words) The new funding round was led by Atreides Management and Sutter Hill Ventures with participation from 8VC, Bessemer Venture Partners, Matrix Partners, and funds and accounts advised by T. Rowe Price Associates Inc. Sila previously raised about $1.3 billion across previous rounds, according…...
China's Auto Industry Profit Squeeze: OEMs Struggle as Suppliers Surge
13+ hour, 23+ min ago (283+ words) Calculated based on a 1.5% profit margin, for a new car priced at 100,000 yuan, the profit of the complete vehicle manufacturer is merely 1,500 yuan. This razor-thin margin reflects the intense competition and rising cost pressures that have come to define the…...
Tesla Expands Robotaxi Trials to Orlando and Tampa Ahead of Q2 Earnings
1+ day, 55+ min ago (718+ words) Tesla is continuing the cautious rollout of its robotaxi service, launching pilot operations in Orlando and Tampa just one day before the company is set to report its second-quarter earnings. The expansion marks the third Florida city to test Tesla's…...
Rivian's R2 Shows the Path to Manufacturing-Driven Development
1+ day, 20+ hour ago (664+ words) Vocal Rivian's R2 Shows the Path to Manufacturing-Driven Development At the Move 2026 event, Rivian's CEO offered a pragmatic vision for product development that places manufacturing realities at the heart of design decisions. Rivian's newly launched R2 model highlights the company's strategic pivot…...
TELF AG on the Global Expansion of Critical Mineral Strategies
2+ day, 19+ hour ago (546+ words) "The latest IEA analysis shows that critical minerals are no longer viewed as a niche topic for the mining industry. They have become a central element of industrial policy, economic planning, and long-term competitiveness," says Stanislav Kondrashov, founder of TELF…...
The ¥1,500 Car: How China’s Automakers Are Bleeding Out While Lithium Miners Print Billions
3+ day, 22+ hour ago (1277+ words) Selling a 100,000‑Yuan Car Earns Just 1,500. Upstream Miners Made a Year’s Profit in Six Months.IChen Shihua stood at the forum podium and turned a page of his PowerPoint. Most of the people in the audience came from automakers—strategy,…...
Pakistan's Auto Industry at a Crossroads
3+ day, 19+ hour ago (563+ words) As the protective gap between imported and locally assembled vehicles narrows, the industry warns that billions in investment and tens of thousands of jobs are at stake. Pakistan's automobile industry has entered one of its most uncertain phases in over…...
Bacterial Cellulose Offers Sustainable Path for High-Performance Energy Storage, Highlights Study
5+ day, 35+ min ago (746+ words) Vocal Bacterial Cellulose Offers Sustainable Path for High-Performance Energy Storage, Highlights Study With growing demand for fast-charging, long-lasting energy storage devices, bacterial cellulose-derived carbon is emerging as a sustainable electrode material for next-generation supercapacitors. As energy storage technologies continue to…...
Kerjaya Prospek Acquires Strategic Stake in ES Sunlogy
6+ day, 2+ hour ago (460+ words) The subscription price of 26.8 sen per share represented a 9.9% discount to ES Sunlogy's five-day volume-weighted average market price of 29.76 sen. With Kerjaya Prospek holding cash and bank balances of RM503.1 million as at March 31, 2026, and total borrowings of RM150.9 million, the investment…...