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Latest News

Canada Plans to Invest Over 84.4 Million Yuan to Add 8,000 Charging Piles
[Canada Plans to Add 8,000 EV Charging Piles] The Canadian federal government recently intends to increase the number of EV charging piles nationwide through a new automotive industry strategy. Canadian Energy Minister Tim Hodson stated on February 10 that the federal government plans to invest more than 84.4 million yuan to add 8,000 additional charging ports, building on the existing base of over 30,000 charging piles in Canada.
Feb 12, 2026 13:33
ACC Suspends Battery Gigafactory Plans in Italy and Germany Amid Lower EV Demand
European Automotive Battery Company (ACC) has officially announced the suspension of its plans to build battery gigafactories in Italy and Germany. ACC, jointly funded by Stellantis, Mercedes-Benz, and TotalEnergies, was originally expected to enhance the autonomy of the European EV supply chain. However, due to lower-than-expected demand in the EV market, Stellantis recently announced a €22 billion loss and correspondingly scaled back its electrification investments. CEO Antonio Filosa stated that the actual required battery capacity will be significantly lower than initially planned.
Feb 11, 2026 17:51
Boston Dynamics CEO Robert Playter to Step Down
Boston Dynamics, the robotics subsidiary of Hyundai Motor Group, announced that its CEO Robert Playter will step down.
Feb 11, 2026 17:49
Toyota and Nissan See Sales Growth in China, While Honda Continues to Decline Amid EV Launch Delays
Among Japan's three major automakers, Toyota and Nissan saw increased sales in China in January, while Honda continued to decline. Toyota's sales rose 6.6% YoY to 145,500 units, marking the first increase in five months. Nissan's sales grew 10.1% YoY to 50,024 units, the first rise in two months. Honda's sales fell 16.5% YoY to 57,489 units, declining for the 24th consecutive month, due to delays in launching new EV models.
Feb 10, 2026 18:20
Jaguar Land Rover Recalls 2,278 I-PACE SUVs in US Over Fire Risk Due to Battery Overheating
The National Highway Traffic Safety Administration said on Tuesday that Jaguar Land Rover is recalling 2,278 I-PACE all-electric SUVs in the US because their high-voltage batteries may overheat, increasing the risk of fire.
Feb 10, 2026 17:05
Chery QQ3 Launches Blind Orders, Receives Over 27,000 Orders in 3 Hours
Recently, Chery's all-new QQ3 launched blind orders, with over 10,000 orders received in 20 minutes and approximately 27,000 cumulative orders within 3 hours. "We aim to make Chery QQ China's MINI, China's Smart, and create a classic that belongs to China," stated Yin Tongyue, Chairman of Chery Automobile, clearly expressing at the launch event the hope that this classic IP (intellectual property with commercial value) would become an automotive symbol for China.
Feb 10, 2026 17:02
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Waymo and Uber (NYSE: UBER) announced an upgraded strategic partnership: The two parties plan to deploy at least 1,200 Robotaxi units in the Middle East by 2027, covering three major markets—Abu Dhabi, Dubai, and Riyadh. According to the plan, all 1,200 Robotaxi units will be integrated into the Uber App to provide public transportation services.
Feb 6, 2026 15:29
Japan's Imported Auto Sales Fall 12% in January, EV Sales Up 68%
According to data released by the Japan Automobile Importers Association (JAIA) on February 5, Japan's imported auto sales (excluding Japanese producers) fell 12% YoY to 13,019 units in January. Battery EV sales increased 68% to 2,041 units, marking a return to growth after one month of decline. Mercedes-Benz sales dropped 13% to 3,031 units, ranking first; Volkswagen sales were 1,528 units, down 41%; BMW sales were 1,383 units, down 17%; BYD sales surged 3.4-fold to 180 units.
Feb 5, 2026 17:41
Toyota to Boost Hybrid Vehicle Production by 30% by 2028, Aiming for 6.7M Units and Expanding US Output
Toyota plans to increase hybrid vehicle production by approximately 30% from current levels by 2028. The company expects to produce 6.7 million hybrid vehicles in 2028, while its production plan for hybrid and plug-in hybrid vehicles in 2026 is set at 5 million units. Toyota also intends to significantly expand hybrid vehicle production in the US.
Feb 4, 2026 17:57
[SMM Flash] Hyundai Reports 2% Increase in US Sales for January with 55,624 Units Sold
Hyundai Motor America reported total US sales of 55,624 units in January, an increase of 2%.
Feb 3, 2026 17:55
NXP's Automotive Chip Revenue Increased 4.8% in Q4 2025
[NXP's Automotive Chip Business Revenue Grew 4.8% in Q4 2025] On February 2, Dutch chip manufacturer NXP Semiconductors NV announced that its automotive business revenue increased 4.8% in the fourth quarter of 2025 to $1.88 billion. Data compiled by Bloomberg showed that analysts' average expectation was $1.89 billion, with some forecasts reaching as high as $1.97 billion.
Feb 3, 2026 17:43
DENSO Revises Down Full-Year Profit Expectations Due to Tariffs and Other Factors
[Denso Lowers Full-Year Operating Profit Forecast] Japan's Toyota Motor core parts supplier Denso recently announced that, due to US import tariffs and rising raw material prices, the company has lowered its profit forecast for the fiscal year ending March 2026 by 17.8% from the previously projected 651 billion yen to 535 billion yen (approximately $3.44 billion).
Feb 3, 2026 17:42
Tesla Sales Plunge Sharply in France and Norway in January
[Tesla's January Sales in France Hit Three-Year Low, Norway Sales Plunge 88%] The latest data released by the French Automotive Industry Association (PFA) shows that Tesla's sales in France fell 42% YoY in January this year, with only 661 units sold, marking the lowest level in over three years. Meanwhile, in Norway, which was one of Tesla's few bright spots in Europe last year, new vehicle registrations for Tesla dropped sharply by 88% in January this year.
Feb 3, 2026 17:41
California Plans to Launch $200 Million Program to Incentivize First-Time EV Buyers
[US California Plans to Launch $200 Million EV Incentive Program] The California state government announced on February 2 that the state plans to launch a $200 million EV incentive program, which will be limited to first-time car buyers and require participating car makers to provide matching incentive funds. The proposal allows subsidies to reduce the upfront purchase cost of new or used EVs, but the specific subsidy amount has not yet been announced.
Feb 3, 2026 17:41
SMM Chinese New Year Holiday Price Update Notice
SMM Chinese New Year Holiday Price Update Notice
As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.
17 hours ago
[SMM Analysis] Raw Material Shortages Boost Prices Across Tungsten Industry Chain, Bull Run Set to Continue
[SMM Analysis] Raw Material Shortages Boost Prices Across Tungsten Industry Chain, Bull Run Set to Continue
Feb 7, 2026 17:39
A Panoramic View of Solid-State Battery Anodes: The Triple Game of Technology, Capacity, and Market
A Panoramic View of Solid-State Battery Anodes: The Triple Game of Technology, Capacity, and Market
Feb 9, 2026 22:06
Global Silver Investment to Remain Strong in 2026 Against the Backdrop of a Sixth Consecutive Annual Market Deficit
Global Silver Investment to Remain Strong in 2026 Against the Backdrop of a Sixth Consecutive Annual Market Deficit
Feb 11, 2026 09:27
Correction? What Correction: CIBC Raises Forecasts – Gold $6,000 USD, Silver $105, on Average
Correction? What Correction: CIBC Raises Forecasts – Gold $6,000 USD, Silver $105, on Average
Feb 11, 2026 09:15
Silver Price Forecast: 30% Historic CRASH - Buy The Dip Or Run?
Silver Price Forecast: 30% Historic CRASH - Buy The Dip Or Run?
Feb 2, 2026 15:52
[SMM Analysis] Tungsten Inventory Depletion in Europe Triggers Panic Buying, Accelerating Global Price Uptrend
[SMM Analysis] Tungsten Inventory Depletion in Europe Triggers Panic Buying, Accelerating Global Price Uptrend
Feb 2, 2026 16:35
Latest News
The Automotive Industry Started the Year on a Stable Note, NEV Exports Grew Rapidly, and Trade-In Subsidies Emerged in Succession [SMM Special Report]
Feb 13, 2026 18:01
SAIC Capital to Establish 2.5B Yuan Fund for AI, Solid-State Batteries, and Chip Localization
Feb 13, 2026 13:55
Chrysler Recalls 22,003 Imported Wrangler Vehicles for Software Update to Meet Emission Standards
Feb 12, 2026 17:25
Canada Plans to Invest Over 84.4 Million Yuan to Add 8,000 Charging Piles
Feb 12, 2026 13:33
ACC Suspends Battery Gigafactory Plans in Italy and Germany Amid Lower EV Demand
Feb 11, 2026 17:51
Boston Dynamics CEO Robert Playter to Step Down
Feb 11, 2026 17:49
Toyota and Nissan See Sales Growth in China, While Honda Continues to Decline Amid EV Launch Delays
Feb 10, 2026 18:20
Jaguar Land Rover Recalls 2,278 I-PACE SUVs in US Over Fire Risk Due to Battery Overheating
Feb 10, 2026 17:05
Chery QQ3 Launches Blind Orders, Receives Over 27,000 Orders in 3 Hours
Feb 10, 2026 17:02
Waymo and Uber to Deploy 1,200 Robotaxis in Middle East by 2027
Feb 6, 2026 15:29
Tesla VP Says Company Will Engage in Assisted Autonomous Driving in China, Timeline Unclear
Feb 6, 2026 15:28
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
Feb 5, 2026 17:52
Foxconn's New Energy Vehicle R&D Center Officially Commences Operations
Feb 5, 2026 17:51
Japan's Imported Auto Sales Fall 12% in January, EV Sales Up 68%
Feb 5, 2026 17:41
Toyota to Boost Hybrid Vehicle Production by 30% by 2028, Aiming for 6.7M Units and Expanding US Output
Feb 4, 2026 17:57
[SMM Flash] Hyundai Reports 2% Increase in US Sales for January with 55,624 Units Sold
Feb 3, 2026 17:55
NXP's Automotive Chip Revenue Increased 4.8% in Q4 2025
Feb 3, 2026 17:43
DENSO Revises Down Full-Year Profit Expectations Due to Tariffs and Other Factors
Feb 3, 2026 17:42
Tesla Sales Plunge Sharply in France and Norway in January
Feb 3, 2026 17:41
California Plans to Launch $200 Million Program to Incentivize First-Time EV Buyers
Feb 3, 2026 17:41