The EU announced a breakthrough agreement with China to halve hybrid car exports from the country, aiming to safeguard the bloc's automotive industry.

Two high-riding vehicles, the V23 and V27, assembled at the Gel - O&J Hung Yen factory, with specifications and prices to be announced closer to their release date.

BYD sold 463,561 vehicles in september, a 17% increase, with exports surging 154%, helping the company maintain growth amidst intense competition in China.

New energy vehicles from China dominate the 2027 selection list, while US representatives are overshadowed.

Geely Vietnam has recorded strong sales growth since the beginning of the year, receiving 4,500 orders for its EX2 and EX5 EM-i models, with the CEO attributing success to competitive pricing and alignment with Vietnamese consumer preferences.

Electric vehicle manufacturer Xpeng plans to expand its technology licensing to international partners, seeking new revenue streams.

The EU wants China to reduce car sales as vehicles from the Asian market penetrate at 'light speed', pushing key European automakers into crisis.