ANNIE ALLEN (UK Bureau Chief) Caocao Inc, the ride-hailing unit of Geely Holding Group, plans to deploy thousands of fully customised robotaxis globally from 2027, its chief executive said, in a move that could intensify competition with Tesla’s forthcoming Cybercab. Chief Executive Gong Xin told Reuters at the Beijing auto show that large-scale production and…
America’s drivers are making a sudden, high-voltage pivot as surging fuel prices, triggered by escalating tensions in the Middle East, push motorists away from petrol pumps and straight into electric vehicles. What began as a geopolitical shock is now rippling through the auto market, with rental counters becoming the frontlines of change. At Hertz, demand…
ANNIE ALLEN (UK Bureau Chief) The United Kingdom’s electric vehicle revolution has suffered a jarring setback, exposing the fragile underbelly of a system many assumed was charging full speed ahead. At the centre of the storm is EO Charging, a once-prominent player in the EV infrastructure space, now plunged into administration after months of punishing…
ANNIE ALLEN South Africa’s used-car market is roaring ahead despite mounting economic pressure, with the mighty Ford Ranger once again emerging as the nation’s undisputed king of the road while fuel-efficient budget cars stage a dramatic surge in popularity. Fresh April 2026 data released by AutoTrader paints the picture of a market that remains surprisingly…
