Chinese electric vehicle maker XPeng is expanding its European manufacturing footprint with the successful production trial of its next-generation G9L flagship SUV at Magna’s facility in Graz, Austria. The milestone makes the G9L the fourth...

Porsche is restructuring its business around lower sales volumes and a greater focus on high-end vehicles as it seeks to rebuild profitability amid weakening global demand and rising costs. The sports-car manufacturer plans to reduce...

The UK is reportedly considering tariffs on Chinese-made electric cars as it seeks to stay aligned with new EU rules designed to favour vehicles built in Europe. The move comes as Chinese carmakers rapidly expand...

Chinese automakers are rapidly increasing their presence in the UK, with Jaecoo’s 7 becoming the country’s best-selling new car in September. More than 10,800 Jaecoo 7 vehicles were registered during the month, according to figures...

XPENG is raising more than US$900 million for its robotics business in what the company describes as the largest single-round private funding deal to date in China’s embodied AI sector. The Series A round values XPENG’s robotics...

Volvo Cars has withdrawn its previous full-year sales volume and cash-flow guidance, citing an increasingly challenging market and a weaker near-term outlook. The Swedish automaker said lower-than-expected sales had prompted it to reassess its expectations...