Ford

Chinese automakers accounted for 84% of Europe’s new car registration growth in the first eight months of 2026, with total registrations surpassing 1 million for the first time, reaching 1,034,685 units—a 68.1% year-on-year increase. BYD and Chery each outsold Tesla in Europe. Battery electric vehicles (BEVs) overtook petrol cars in registrations for the first time, capturing a 23.2% market share. The European Automobile Manufacturers Association (ACEA) reported EU registrations rose 4.5% in August, the seventh consecutive month of growth, with BEVs accounting for 21.7% of new EU registrations.

10 reports · 7 sources · Updated Sep 28, 06:48 AM UTC

European all-electric vehicle registrations surged 52% year-on-year in August, driven by record-high gasoline prices. Germany saw a 75% increase and French sales more than doubled, with over one in three new cars now having a plug. Geopolitical tensions, including US-Israeli actions disrupting Strait of Hormuz traffic and Ukrainian strikes on Russian refineries, pushed German gasoline to €2.31 per liter. Chinese brands captured a record 12% market share. European automakers Stellantis and Volkswagen face financial strain, with Volkswagen planning 100,000 layoffs.

6 reports · 3 sources · Updated Sep 28, 05:39 AM UTC

President Donald Trump announced he has approved new fuel economy standards, claiming they end the Biden administration's electric vehicle mandate. Trump asserted the new rules will lower car prices and save families thousands of dollars, while criticizing prior policies as costly and wasteful. He stated automakers including General Motors, Ford, and Stellantis have expressed interest in U.S. production, and that over $100 billion has been invested in the American auto industry under his administration. Specific details of the new standards were not provided.

8 reports · 7 sources · Updated Sep 27, 02:05 AM UTC

Chinese electric vehicle makers including Li Auto, Xiaomi, and XPeng are reducing dependence on dominant battery supplier CATL by investing in second-tier manufacturers, forming joint development partnerships, and developing in-house battery capabilities. Li Auto invested 2.65 billion yuan in Sunwoda Power, becoming its second-largest shareholder, while Xiaomi partnered with CALB and Sunwoda for its "Dragon Armor Battery." The shift is driven by cost pressures, as batteries account for 30-40% of vehicle costs, and a desire for supply chain security and product differentiation. CATL's stock has fallen over 35% from its 2026 high, losing more than 700 billion yuan in market value.

56 reports · 27 sources · Updated Sep 23, 02:47 PM UTC

Six major US automotive industry associations sent a letter to President Trump urging him to maintain policies blocking Chinese automakers from selling, importing, or manufacturing vehicles in the US. The coalition, representing GM, Ford, Toyota, Volkswagen, and others, argues that Chinese automakers have zero US market share and that allowing them to build factories would harm domestic manufacturers. The appeal comes ahead of Trump's meeting with Chinese President Xi Jinping, amid reports that Chinese EV maker BYD may join the delegation. Trump had previously expressed openness to Chinese companies building cars in the US.

5 reports · 4 sources · Updated Sep 21, 02:10 PM UTC

The Trump administration, led by Transportation Secretary Sean Duffy, publicly criticized Ford Motor Company for its business deals with Chinese firms, calling the use of Chinese technology “unacceptable” and expressing “profound concern.” Ford CEO Jim Farley dismissed the criticism as “wrongheaded” and based on “basic misunderstandings.” The dispute highlights ongoing US-China trade tensions, with Ford’s shares falling 3.9% amid the escalating political clash.

5 reports · 2 sources · Updated Sep 10, 12:27 AM UTC