How China is shipping cars when specialized carriers aren’t enough

As Chinese EVs expand global footprint, banks raise export forecasts

Spurred by the rising popularity of electric vehicles (EVs), Chinese carmakers are consolidating their foothold in the global auto market, prompting international banks like Goldman Sachs to significantly raise their export forecasts. Buoyant overseas shipments have also effectively created a cushion against falling domestic deliveries and an expected overall sales decline for Chinese automotive groups including BYD and Xpeng, analysts said. “China’s new-energy vehicle exports have been...

Sun Mobility t3-55T electric trucks with world’s first modular battery swapping at Pravaas 5.0

Unlike passenger cars, commercial vehicles are judged primarily on operating economics rather than technology. Sun Mobility is betting that battery swapping can tip that equation by cutting upfront vehicle costs, reducing charging downtime and creating a shared energy network that multiple truck and bus manufacturers can use. Backed by a 78 million IndoFast-IOCL joint venture, the companyAIS-038-certified platform aims to cut upfront vehicle costs by about 40 per cent and address one of the biggest barriers to commercial EV adoption.

China-Kazakhstan-Turkmenistan-Iran route sees strong freight growth in 2025

China-Kazakhstan-Turkmenistan-Iran route sees strong freight growth in 2025

Why Krugman Thinks We Need Chinese Auto Tariffs

As the United States, Canada, and Mexico prepare to renegotiate the USMCA trade deal, one industry sits squarely at the center of the debate: automobiles. Companies like Linamar depend on highly integrated supply chains that send components across borders multiple times before a vehicle is completed. Nobel laureate Paul Krugman argues that competition from China demands some trade barriers, while Council on Foreign Relations expert Shannon O’Neil says the region’s manufacturing strength depends on cross-border production. Supporters of the agreement warn that uncertainty poses the biggest risk to investment, jobs, and the future of a trade relationship that supports over a trillion dollars in annual commerce. (Source: Bloomberg)

U-Ming signs for newcastlemax newbuilds in China

Taiwanese owner and operator U-Ming Marine Transport has signed for up to four newcastlemax newbuildings in China. The Far Eastern Group-backed company has contracted Jiangsu Hantong Ship Heavy Industry for two firm 211,000 dwt bulk carriers, with options for two more. The order has been placed through U-Ming Marine Transport Singapore, with each ship costing