In January 2026, China’s automotive market contracted year-on-year (YoY) amid seasonal disturbances and a high comparison base. Total volumes reached approximately 1.6 million units, representing a 17% YoY decline. The Passenger Vehicle (PV) segment fell by 20% YoY to 1.4 million units, remaining the primary drag on overall performance, while the Light Commercial Vehicle (LCV)…
DELRAY BEACH, Fla., Oct. 10, 2025 /PRNewswire/ — The plug-in Electric Vehicle Market is projected to grow from USD 698.63 billion in 2025, and reach USD 1,189.59 billion in 2035, growing at a CAGR of 5.5%, according to a new report by MarketsandMarkets™. The hybrid electric vehicle market (HEV+MHEV) is set to grow from USD 446.87 billion…
Chinese sportswear and equipment maker Li Ning posted a drop in interim profit, as weak consumer sentiment weighed on spending and intensifying industry competition squeezed profitability, with management warning of “stronger-than-expected” challenges in the second half. Net profit for the six months to June fell 11 per cent to 1.74 billion yuan US$241.9 million from…