News in Numbers

$10bn

Toyota says it will invest US$10 billion in the US over the next five years. It currently employs 50,000 people across 11 manufacturing plants in the US.

700 million

China tech giant Xiaomi’s automotive unit has reported a quarterly profit (700 million yuan in Q3) for the first time.

1,000

By the end of 2025, BYD plans to have 1,000 points of sale across Europe (with double that number by the end of 2026).

99

CATL, GAC and JD.com have unveiled a ‘battery swappable Aion UT Super EV’ and claim the swap takes just 99 seconds.

30 million

Maruti Suzuki has achieved cumulative sales of 30 million units in India, over the past 42 years.