Automotive

Photorealistic illustration of the Volvo EX60 electric SUV, showcasing its 400-mile range and advanced AI features from Nvidia, Qualcomm, and Google Gemini.

Volvo unveils EX60 electric SUV with up to 400-mile range

January 21, 2026 Reported by AI Image generated by AI

Volvo has officially revealed the EX60, a new all-electric midsize SUV offering up to 400 miles of EPA range and advanced AI features. The vehicle comes in multiple powertrain variants, starting production in April 2026 at around $60,000. It incorporates cutting-edge hardware from Nvidia and Qualcomm, along with Google's Gemini AI assistant.

Can Hyundai Motor stage a comeback in China?

Hyundai Motor Group is seeking to restore its relevance in China, but analysts say the odds of a meaningful turnaround are slim in the hypercompetitive auto market. Beijing Hyundai, the joint venture with BAIC Group, stated it will open core capabilities in electrification and intelligent technologies, dispatch senior experts, and introduce the premium brand.

Daihatsu launches two kei commercial EVs for deliveries

February 02, 2026 Reported by AI

Daihatsu Motor Co., owned by Toyota, has begun selling two new commercial electric vehicles designed for deliveries to homes and businesses. The e-Hijet Cargo and premium e-Atrai, both kei lightweight models, mark Daihatsu's first mass-produced commercial EVs with a single-charge range of 257 kilometers.

Asia

Sinochem proposes solution to end Pirelli governance dispute

Asia

Toyota maintains Veloz Hybrid price until IIMS 2026

Asia

India plans to cut EU car import tariffs to 40%

Waymo-backed robotaxis quietly test on Tokyo streets

Waymo-backed robotaxis are quietly operating on Tokyo's streets as tests continue. The trials, conducted by Japanese taxi firm Nihon Kotsu in partnership with the California-based Waymo, could see a service rollout in Japan by 2026, though no firm date has been set.

Toyota recalls 162,000 trucks over faulty screens

January 24, 2026 Reported by AI

Toyota announced a recall of about 162,000 pickup trucks in the United States due to multimedia displays that could compromise driver safety. The recall affects the 2024-2025 model year Tundra and Tundra Hybrid trucks.

Egypt poised to become regional automotive manufacturing hub: General Motors

General Motors believes Egypt has the fundamentals to become a regional centre for automotive manufacturing and exports to the Middle East and Africa. Sharon Nishi, Chair and Managing Director of General Motors Egypt & Africa, told Daily News Egypt that the company is working closely with the Egyptian government to develop supportive policies aimed at boosting exports and deepening local manufacturing. She noted that Egypt’s recently announced automotive industry strategy represents a critical first step towards building a more structured and competitive sector.

Elliott opposes group buyout of Toyota Industries

January 18, 2026 Reported by AI

U.S. activist fund Elliott Investment Management has opposed the proposed ¥6.1 trillion ($39 billion) privatization of Toyota Industries, urging other minority shareholders to resist the bid. The fund argues the company could achieve greater value on its own. Toyota Group's revised offer stands at ¥18,800 per share, while Elliott values it at ¥26,000 per share intrinsically.

February 01, 2026 08:32