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News
EV boom drives ASEAN car sales in Q2, with Indonesia surging 34%
5+ day, 16+ hour ago (1113+ words) Accelerating demand for electric vehicles is helping power Southeast Asia’s auto market, sparking sales from Indonesia and Malaysia to Thailand and Vietnam. Nikkei Asia examined April-to-June sales data from the region’s major automotive markets. Combined sales rose about 11% from a…...
Malaysia considers new EV levy
3+ day, 16+ hour ago (39+ words) KrASIA Malaysia considers new EV levy Pony.ai outlines deployment plans for heavy- and light-duty robotrucks Kimi K3 and DeepSeek V4 expose widening divide over native multimodality Labubu takes Manhattan: Chinese brands target inflation-hit US...
Collaborate with Chinese EV makers or suffer, Thai automotive firm CEO warns
5+ day, 16+ hour ago (989+ words) Collaboration with Chinese rivals is the only way companies in the automotive sector will survive in the long term, the head of Thailand’s biggest listed parts supplier has predicted, citing their lower costs and better technology. “The Japanese are at…...
Xpeng pitches itself as Chinese Tesla to Europeans
1+ week, 6+ day ago (809+ words) Chinese automaker Xpeng is going to such great lengths to build an image as a technology pioneer that some journalists expected a troupe of breakdancers performing at its global brand day in Munich to be humanoid robots. In actuality, they…...
China's Unitree says "GPT moment" for robots remains years away
1+ week, 6+ day ago (558+ words) Robotics may still be two to five years away from a “GPT moment” comparable with ChatGPT’s breakthrough in generative artificial intelligence, a senior executive at one of the leading Chinese humanoid makers said on July 22. Irving Chen, director for the…...
Xpeng targets 50% overseas sales share
2+ week, 4+ day ago (94+ words) KrASIA Momenta makes public debut in Hong Kong, puts physical AI in spotlight Can a smart ring make health monitoring part of daily life? Deals in brief: BlueOrchard backs Malaysia’s PolicyStreet, PixVerse extends Series C round, Ant Group acquires stake…...
China's automakers squeezed as materials suppliers rake in profits
2+ week, 5+ day ago (808+ words) Rising materials costs are denting the bottom lines of price war-plagued Chinese electric vehicle makers while their suppliers are reaping big gains, the latest earnings guidance filings show. The Shanghai-listed automaker attributed the continued losses to “the influence of price…...
Mi Liangchuan’s exit deepens pressure on Xpeng’s robotics push
1+ mon, 22+ hour ago (1715+ words) Written by Cheng Zi Published on 9 Jul 2026 15 mins read Robotics has become one of the businesses Xpeng CEO He Xiaopeng most needs to focus on in the second half of the year. On June 5, Shi Xiaoxin, the top product executive…...
Chinese automakers overtake Japanese rivals in Europe despite EV tariffs
1+ mon, 1+ day ago (808+ words) Chinese automakers surpassed the sales of Japanese brands in Europe’s passenger car market for the first time in May, driven partly by BYD’s strong overseas performance in the first half of 2026. The change appears in new car sales data for…...
Chinese-owned Lotus bets on hybrid SUV for US turnaround
1+ mon, 1+ week ago (677+ words) Written by Nikkei Asia Published on 5 Jul 2026 3 mins read British sportscar maker Lotus is considering building its new plug-in hybrid SUV in the US after tariffs dented sales of its Chinese-made electric vehicles. Lotus, backed by Chinese parent company Geely…...