The largest unit of Japan's Suzuki Motor has overtaken global heavyweights such as Ford Motor, General Motors and Volkswagen AG. The stock has rallied 25.5% since August, fuelled by improved investor sentiment following the announcement of indirect tax reforms by Prime Minister Narendra Modi on Independence Day.India's largest carmaker, which derives more than 60% of its sales volume from small cars, has been one of the biggest beneficiaries of the revamped AgenciesMaruti's valuation has surged past Ford ( ...

Core Insights - ROHM Semiconductor and Schaeffler have commenced mass production of a new high-voltage inverter brick utilizing ROHM's SiC MOSFET bare chips, aimed at a major Chinese automaker [1][8] - The inverter brick enhances performance by supporting battery voltages exceeding 800V and managing RMS currents up to 650A, making it a compact power solution [2][4] - The strategic partnership between ROHM and Schaeffler, established in 2020 and reinforced in June 2023, focuses on innovation and sustainability in the automotive sector [6][11] Company Developments - Schaeffler's inverter brick is designed for scalability and modularity, facilitating integration into various inverter systems [3][4] - The brick includes essential components such as a power module for PWM, DC link capacitor, and an integrated DC boost function, allowing compatibility with 400V charging stations while maintaining 800V charging speeds [5][4] - Schaeffler has over 75 years of experience in motion technology and is recognized as one of Germany's most innovative companies, employing around 120,000 people globally [7]

Core Insights - China's car sales reached a record high for 2025 in June, driven by increasing demand for new energy vehicles (NEVs) and intense competition among leading manufacturers like BYD and Geely Auto [1][10] Sales Performance - Vehicle sales in China rose for the fifth consecutive month in June, with approximately 2.1 million cars sold, marking an 18.6% increase year-over-year and a 13.9% increase month-over-month [2][10] - NEV sales accounted for 52.7% of total sales in June, the highest percentage for any month in 2025, with a year-over-year growth of 30% and a month-over-month increase of 28% [3][10] - Total vehicle sales in the first half of 2025 reached 15.65 million units, an 11.4% increase, while NEV sales rose 40% to 6.94 million units [3] Market Dynamics - The surge in NEV demand reflects China's accelerating transition to electric mobility, supported by a wider range of models and aggressive pricing strategies [4] - The market remains highly competitive, particularly in the EV sector, where ongoing price wars are impacting profit margins [4] Leading Companies - BYD maintained its position as the largest NEV maker in China with a 31.7% market share, selling 352,081 NEVs in June, a 25.7% increase year-over-year [5] - Tesla sold 61,484 vehicles in China in June, a 59.3% increase from May, but experienced a 4.3% decline in sales compared to the first quarter of 2025 [6] - Geely sold 114,798 NEVs in June, an 80.7% increase year-over-year, holding a 10.3% market share [7] - General Motors reported its strongest quarterly sales growth in China in four years, with deliveries exceeding 447,000 units in the second quarter of 2025, a 20% year-over-year increase [9] Future Outlook - The second half of 2025 will be critical in determining whether the current momentum in China's auto market can be sustained amid rising competition and margin pressures [11]

Company Overview - Allego N.V. is a leading provider of electric vehicle charging solutions, dedicated to accelerating the transition to electric mobility using 100% renewable energy [5] - The company operates a network of over 35,000 charging points across more than 16 countries in Europe, offering sustainable and reliable charging solutions to EV drivers [5] Leadership Appointment - Allego has appointed Holger Riemenschneider as the new Chief Technology Officer, bringing extensive experience in the e-mobility and automotive sectors [1][4] - Holger holds a degree in Mechatronic Engineering and an MBA, enhancing his qualifications for the role [2] Professional Background - Holger's career in e-mobility began at RWE, focusing on intelligent AC infrastructure, before moving to IONITY in 2021 to concentrate on DC infrastructure and IT systems [3] - He has over a decade of experience in technology leadership and large-scale international project execution, positioning him to advance Allego's technology strategy [4] Strategic Vision - The appointment of Holger is seen as a strategic move to reinforce Allego's commitment to innovation and sustainable growth in the electric mobility sector [1][4] - Allego's Executive Officer, Steven Salo, expressed optimism about the collaboration and innovation that Holger will bring to the company [4]