Author: Central Desk

At the 2025 ChangeNow Summit held at the Grand Palais in Paris, Renault Group reaffirmed its commitment to sustainable and low-carbon mobility in Europe. Josep-Maria Recasens, Chief Strategy Officer of Renault Group, and Cléa Martinet, Sustainability Director and CSO of Ampere, delivered a keynote outlining the company’s efforts in transforming the automotive sector amid growing environmental and competitive pressures. Four years into its Renaulution strategic plan, Renault Group has integrated sustainability as a core pillar of its operations. With 12 electric vehicles already in its portfolio and a robust electric ecosystem established across Europe, the company is contributing to the…

Tesla CEO Elon Musk announced during an investor call on Tuesday that he will reduce his involvement with the Trump administration’s Department of Government Efficiency (DOGE) starting in May, following a sharp decline in Tesla’s financial performance. Tesla reported a 71% drop in first-quarter profits, a downturn linked in part to public boycotts over Musk’s government role. The company’s stock has also taken a hit, falling more than 40% since the start of the year. Last year, Tesla saw a slight rise in revenue, up by 1% to almost $97.7 billion. Despite the Model Y becoming the top-selling vehicle, the…

Automakers from around the world are converging at this week’s Auto Shanghai 2025, presenting their latest China-specific models as they battle for position in the world’s largest automobile market. Industry observers consider the event a pivotal moment for the global auto industry. After more than 30 years of industrial policy aimed at developing a domestic car sector, Chinese automakers now dominate their home market, making up two-thirds of national sales, and are rapidly expanding their footprint in international markets. The exhibition, running until 2 May, comes amid a surge in demand for electric vehicles (EVs), driven by government incentives encouraging…

The Shanghai municipal government signed a strategic agreement with Toyota on Tuesday to establish a new-energy vehicle (NEV) company in the city’s Jinshan district, marking a major step in Shanghai’s efforts to deepen high-level opening-up. The signing took place ahead of the 2025 Shanghai International Automobile Industry Exhibition, which will open on Wednesday at a record scale. The agreement represents significant progress in advancing the Toyota Lexus NEV project in Shanghai, according to Xinhua News Agency. It is also expected to play a key role in accelerating the construction of a modern industrial system in the city. Toyota’s investment in…

Isuzu Motors India (IMI) has achieved a major milestone by becoming the top exporter of commercial vehicles (CVs) from India in FY25. The company exported 20,312 units during the fiscal year, marking a 24% increase over the previous year’s 16,329 units. This accomplishment represents a new high for Isuzu Motors India, which has consistently ranked among the top three CV exporters from India in recent years. The company’s manufacturing facility in Sri City, Andhra Pradesh, serves both left-hand drive (LHD) and right-hand drive (RHD) markets across Asia and the Middle East. Its export destinations include Nepal, Bhutan, Bangladesh, Saudi Arabia,…

China’s escalating restrictions on rare earth mineral exports are intensifying concerns of severe supply shortages and production shutdowns across the global automotive industry. The move follows Beijing’s imposition of additional tariffs amounting to 84% on US goods, in response to former President Donald Trump’s 145% tariff hikes on Chinese products. Earlier this month, China expanded its export controls to include seven key rare-earth elements and magnets vital to the manufacturing of electric vehicles, wind turbines, and military aircraft. Industry leaders, government officials, and market traders warn that existing stockpiles could be exhausted within three to six months, potentially forcing companies…

The European Parliament is advancing an amendment to the Directive on End-of-Life Vehicles that could impose a significant new restriction on the automotive industry. The proposed amendment seeks to classify carbon fiber as a hazardous material and ban its use in new vehicles starting from 2029. The main driver behind the proposed ban is the difficulty in safely processing and disposing of carbon fiber. According to project proponents, the recycling of carbon fiber releases resin-bound fibers into the air, which pose health risks to workers and mechanical hazards to recycling equipment. Microscopic carbon particles can irritate the skin and mucous…

Ford Motor Company to suspend vehicle shipments for several of its flagship models to China, citing escalating challenges stemming from the ongoing United States-China trade dispute and heightened retaliatory tariffs on American-made automobiles. In a statement released on Friday, Ford confirmed that the current trade environment has significantly disrupted its export strategy. “We have adjusted exports from the U.S. to China in light of the current tariffs,” the company said. The suspension will temporarily halt shipments of some of Ford’s most popular models, including the F-150 Raptor pickup, the Mustang sports car, the Michigan-assembled Bronco SUV, and the Kentucky-built Lincoln…

Subaru Corporation has introduced two battery electric vehicles (BEVs) — the all-new 2026 Subaru Trailseeker and the updated 2026 Subaru Solterra — at the 2025 New York International Auto Show, showcasing its expanding electric lineup and commitment to carbon neutrality. The 2026 Trailseeker marks Subaru’s second global BEV model, blending the driving performance unique to electric vehicles with a high level of utility. Designed for both everyday use and outdoor adventures, the Trailseeker features an active, rugged exterior, while the interior follows a clean, horizontal design theme to create a sense of spaciousness. Powered by a 74.7-kWh lithium-ion battery, the…

Tata Elxsi, a design and technology services company, has announced a strategic multi-year agreement valued at €50 million with a leading Europe-headquartered automotive original equipment manufacturer (OEM). The deal positions Tata Elxsi as a key engineering partner for platform and application development across software-defined vehicle (SDV), electrification, and body and chassis domains. As part of the collaboration, Tata Elxsi will establish a dedicated Global Engineering Center to support the customer’s software platform roadmap and brand-aligned software engineering programs. The center will develop a unified technology stack, including a proprietary operating system, electronic architecture, and automotive cloud, to enable advanced in-vehicle…