#automotive Tech News.
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The latest automotive news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks automotive across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Hon Hai Precision Industry Co., known as Foxconn, pays ¥115 billion or $727 million to acquire a 50% stake in Mitsubishi Electric Corp.'s automotive-components unit. The deal aims to create a business exceeding ¥1 trillion in sales. Mitsubishi will provide autonomous driving and electric powertrain technology for Foxconn's EV platforms.
Chery's iCar brand opens pre-sales for the V25 extended-range SUV in China starting at 139,800 yuan ($20,800). The vehicle features a 1.5-liter turbo engine, 15.4-inch touchscreen, and Horizon Robotics chip. Pre-sales began Monday with a 1,000 yuan reservation credit, while an official launch is expected later this year.
Xiaomi Auto applied for the XIAOMI SU9 LUX trademark on February 13, 2026, targeting the luxury executive flagship segment. The filing was published for preliminary approval on June 6, with an opposition period running from June 7 to September 6. While camouflaged test vehicles suggest a length of more than 5.2 meters, the final production model name remains speculative.
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