Author: Eve Stevens

China’s NIO turns a tidy profit on EV strategy after 2025 record sales

Chinese electric-vehicle maker NIO reported its first quarterly net profit in the final months of 2025, representing a significant milestone for the Shanghai-based company. The result places the automaker among a small but growing group of profitable EV manufacturers in China, the world’s largest EV market, alongside emerging rivals XPeng and Li Auto. 

The accolade was fuelled by surging vehicle demand and stronger margins, following a year that began with slower-than-expected sales growth. The company’s upwards trajectory was sparked by the launch of the company’s redesigned premium SUV, the NIO ES8, which quickly became a major contributor to sales. 

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Introducing MOVE 2026’s Women in Mobility Awards

In honour of International Women’s Day, we are relaunching our annual Women in Mobility Award, recognising the inspiring women driving innovations in auto tech through their leadership and expertise.

After receiving hundreds of nominations for the MOVE 2025 Women in Mobility Award last year, we have brought it back this year to give more of the industry’s ever-growing female talent the chance to win the 2026 title.

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Firefighters and factory workers: Meet the intelligent robots at the forefront of the AI revolution

As corporations begin to embed AI into the ways they process data, make sales, and draft communications, many companies are also looking for ways to automate and implement AI in manufacturing processes, on factory floors, and to perform difficult or dangerous tasks that humans may not want or cannot do.

Automotive manufacturers are among the companies leading the charge in the physical AI space. Read more to find out how.

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Geely surpasses BYD in EV sales for second consecutive month

As the Chinese government winds down its EV incentives, China’s fiercely competitive EV market is showing signs of slowing down. EV sales in China fell for the first time in almost two years last month, the first time since February 2024. 

In the midst of this downturn, Chinese EV maker Geely has emerged as a clear frontrunner, surpassing BYD’s sales for the second month in a row. This two month lead comes just months after BYD was announced as the global-leader in EV sales for 2025, beating historical rival Tesla. 

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Stellantis explores Leapmotor’s EV technology to cut costs and boost European sales

Multinational automotive manufacturer Stellantis announced it is exploring the use of electric-vehicle technology from its Chinese partner Leapmotor as it looks for ways to cut costs and stay competitive in Europe.

The legacy automaker, headquartered in the Netherlands, is considering expanding the scope of its joint venture to gain deeper access to Leapmotor’s battery systems and EV powertrain expertise, particularly for high-volume brands such as Fiat, Opel and Peugeot. 

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Wayve secures $1.2 billion in investment to scale “generalisable” self-driving tech

Autonomous driving company Wayve, founded in 2017, has officially raised $1.2 billion in funding following a successful Series D investment round. This new development accelerates Wayve’s post-money valuation to $8.6 billion, making it one of the UK’s most valuable AI startups.

The investment round was backed by investors including Microsoft, world-leading chipmaker Nvidia, ride-hail provider Uber, and automakers including Nissan, Mercedes-Benz, and Stellantis.

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Lamborghini abandons plans for “Lanzador” EV supercar and bets on hybrids

In a radical reversal of its sustainability strategy, Lamborghini has announced that it is ditching plans to launch its first electric supercar. The Italian automaker is instead betting on hybrid vehicles following a slump in global EV sales that has seen companies like GM and Stellantis roll back their ambitious EV targets.

Lamborghini first announced plans to launch an electric supercar, the Lanzador, back in 2023, but since then the global EV landscape has shifted.

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Hyundai joins the physical AI race, promising humanoid robots and autonomous mobility

A year ago, Hyundai Motor Company appeared to be trailing behind its rivals in the race to fuse artificial intelligence with the automobile. While competitors such as Tesla and BYD showcased advances in humanoid robotics and autonomous driving, Hyundai’s leadership openly acknowledged it had been slow off the starting line.

At the Consumer Electronics Show, earlier this year, Hyundai demonstrated that the tides were beginning to turn, exhibiting an ambitious physical AI project, Atlas—a humanoid robot developed by its US subsidiary Boston Dynamics.

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Software-defined vehicles and the 15-year challenge: Can automotive software outlast the hardware?

Software-defined vehicles (SDVs) were introduced with the promise of extending a vehicle’s “relevance” through continuous software updates. Manufacturers promoted the idea that cars could ‘level-up’ long after leaving the factory, gaining new features and performance improvements over their lifespan. Made simple, cars would literally have the power to evolve as technology improves and connectivity becomes more advanced.  

However, as the first generation of these vehicles matures, questions are emerging about lifecycle costs, hardware limitations and long-term responsibility—are the glitzy promises made by automakers simply too good to be true? 

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Tesla forced to drop “Autopilot” branding in California after “misleading” marketing ruling

Tesla has removed the term “Autopilot” from its marketing campaign in order to comply with Californian regulators. The electric vehicle and robotics group found itself in hot water last December after the California Department of Motor Vehicles deemed its Autopilot feature misleading to potential consumers.

Tesla’s Autopilot platform includes features such as Traffic-Aware Cruise Control and Autosteer, systems designed to assist drivers with tasks like braking, steering, and accelerating, but they do not equip the car with fully autonomous capabilities, as the name may suggest.

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Brussels to require 70% EU content for subsidised EVs under “Made in Europe” mandate

In a bid to stave off Chinese competition, Brussels is introducing a “Made in Europe” mandate ensuring that at least 70% of new electric vehicle components are manufactured in the EU.

The Industrial Accelerator Act will be published by the European Commission in March; however, the following predictions are based on a draft report seen and reported on by the Financial Times this week.

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Affordable EVs offer lifeline for automakers amid market slowdown

As many global automakers roll back on their EV strategies in the face of an industry slowdown, the global market is showing a strong preference for affordable EVs over more expensive models.

After the end of the US federal subsidy and the Trump administration’s reversal of EV-friendly legislation, many automakers are suffering heavy losses as the market pivots away from pure EVs and back to hybrid and ICE vehicles.

Yet, in spite of this trend, cheaper EV models have proven to be a lifeline for automakers placing their bets on electric vehicles.

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New report suggests software defined vehicle market will soar to almost $2,000 billion USD by 2034

The global automotive industry is entering a new phase of digital transformation, with software increasingly defining how vehicles operate, evolve and relate to the consumer. 

A new study from Allied Market Research forecasts that the software defined vehicle (SDV) market will expand dramatically over the next decade, reaching an estimated $1,902.9 billion USD by 2034. 

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China’s EV sales fall for the first time in 2 years

Government subsidies and cheap manufacturing costs have long given Chinese automakers a competitive edge when it comes to EV production, facilitating the rapid expansion of manufacturers like BYD and Geely into overseas markets.

This seemingly unstoppable growth now appears to be showing signs of waning, following an announcement from the China Passenger Car Association reporting a fall in electric vehicle sales for the first time since February 2024.

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Lyft follows in Uber’s footsteps, launching new ride-hailing app for teens

American ride-hailing company Lyft has announced the launch of its own teen account service, allowing minors as young as 13 to hail a taxi without an adult present.

Lyft currently has 25 million active riders and coordinates 9 million rides per day across the US, Canada, and Europe, making it the second-largest ride-hailing service in the U.S. after Uber.

The group’s teen service, launched on Monday, has rolled out in over 200 U.S. cities, including Boston, Chicago, and New York.

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UN draft agenda on autonomy promises a unified approach to global self-driving regulation

As autonomous innovation accelerates towards widespread deployment and robotaxis roll out in record numbers, global regulation has historically lacked a clear or decisive approach. Instead, countries have determined their own legislation, resulting in a patchwork of fragmented regulation across geographies.

By 2030, Boston Consulting Group predicts there will be over 2.5 million robotaxis in commercial operation. If the world is to respond to this increasing demand, many sceptics have called for a more unified global strategy.

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General Motors bets on unproven battery technology in a bid to drive down EV costs

In a bid to leapfrog EV competition, automaker General Motors is betting on an unproven battery technology: LMR, or lithium manganese-rich prismatic cells in its latest EV strategy.  

Originally discovered in the 1990s, LMR is a cathode chemistry that requires reduced levels of rare-earth materials such as cobalt and nickel, instead utilising manganese, a much cheaper and more abundant material. Theoretically, the technology promises higher levels of energy density at a reduced cost. 

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Mark Carney unveils Canada’s revised automotive strategy, scrapping EV mandate

On Thursday, Canadian Prime Minister Mark Carney unveiled a revised national automotive strategy that has set a brand new course for Canadian electrification. Announced against the backdrop of rising trade tensions and mounting pressure from U.S. tariffs, the plan represents a shift in how Ottawa hopes to guide the country’s transition to electric mobility.

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