International
China overtakes Japan as world’s biggest car exporter
China overtakes Japan as world’s biggest car exporter
China became the world’s largest vehicle exporter last year, surpassing Japan thanks to its global leadership in electric vehicles, according to government figures released on Wednesday.
Giants from Japan, like Toyota and Nissan, have resorted to hybrid cars rather than EVs, showing far more caution than their Chinese rivals, like BYD.
According to data issued by the Japan Automobile Manufacturers Association on Wednesday, the number of cars, trucks, and buses shipped increased by 16 percent to 4.42 million in the previous year.
But China exported almost 500,000 more — 4.91 million vehicles in total, as reported by the China Association of Automobile Manufacturers this month.
China’s customs bureau put the number even higher at 5.22 million, a huge year-on-year rise of 57 percent, with one in three fully electric vehicles.
The country had already been shipping more vehicles than Japan on a monthly basis, but Wednesday’s data confirmed that it was also number one for a whole year.
Unlike Chinese firms, Japanese automakers including Toyota — re-confirmed on Tuesday as the world’s largest company by unit sales — also make huge volumes of vehicles in other countries.
In 2022, vehicle production in Japan excluding motorcycles totalled 7.84 million units, but overseas production was almost 17 million.
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Japanese manufacturers have long bet on hybrids that combine battery power and internal combustion engines, an area they pioneered with the likes of the Toyota Prius.
But they have vowed to up their game, with Toyota aiming to sell 1.5 million EVs annually by 2026 and 3.5 million by 2030.
The company is also hoping to mass-produce solid-state batteries that charge faster than conventional ones and give EVs more range.
Helped by strong government support, Chinese EV firms have stolen a march on more established rivals such as General Motors, Volkswagen and Toyota.
BYD in the fourth quarter of 2023 even snatched Tesla’s crown for most sales of all-electric vehicles, data this month showed.
On Tuesday BYD — it stands for “Build Your Dreams” — which also sells batteries to the likes of Tesla, BMW and Mercedes, said it expects net profit for last year to reach 29-31 billion yuan ($4.1-4.4 billion).
But China’s success in EVs has also landed its firms in hot water with regulators in Western markets worried about unfair competition for local automakers.
The European Commission is investigating Chinese state subsidies in a probe that could lead to the European Union imposing import duties.
To soothe concerns, BYD is planning to build more factories abroad including a $600 million plant in Brazil and another in Hungary.
“It’s kind of reminiscent of what happened to Japan in the 1980s, when they started exporting a lot of automotives,” said Christopher Richter, an auto analyst at CLSA.
“So the Japanese solved it by starting (to build) a lot of factories overseas… They build overseas four times more than what they export,” he said in October.
China overtakes Japan as world’s biggest car exporter
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International
30 Nigerians on US Deportation Portal Linked to N87bn Fraud
30 Nigerians on US Deportation Portal Linked to N87bn Fraud
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International
Iran Halts Military Operation Against Israel, Warns of Stronger Response if Attacks Continue
Iran Halts Military Operation Against Israel, Warns of Stronger Response if Attacks Continue
Iran’s military command on Monday announced the suspension of its operation against Israel after the two countries exchanged missile and air strikes for the first time since an April ceasefire.
In a statement broadcast on Iranian state television, the Khatam al-Anbiya Central Headquarters said Iran had delivered what it described as a “painful response” to Israeli actions and was therefore ending its current military operations against Israel.
“Accordingly, the cessation of armed forces operations is hereby announced,” the statement said.
However, the command warned that the halt was conditional and could be reversed if Israel continued what Tehran described as acts of aggression, particularly in southern Lebanon.
“It is emphasised that should acts of aggression and hostility continue, including in southern Lebanon, much more severe and crushing measures than before will follow,” the statement added.
The announcement came after a sharp escalation in regional tensions over the weekend. Iran launched multiple waves of missiles at Israeli targets after Israel carried out strikes linked to Hezbollah positions and other targets in Lebanon. Israel responded with air strikes on sites inside Iran, marking the most serious direct exchange between the two sides since the truce that took effect in April.
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The latest flare-up raised fears that the ceasefire brokered earlier this year could collapse entirely and trigger a broader regional conflict involving Lebanon’s Hezbollah movement and other Iran-backed groups.
Meanwhile, U.S. President Donald Trump urged both sides to stop military action and preserve ongoing diplomatic efforts aimed at securing a broader peace arrangement in the region. Following the exchange of strikes, both Tehran and Jerusalem indicated that they were pausing further attacks for the time being, although neither side ruled out renewed military action if provoked.
The confrontation also rattled global energy markets, with oil prices surging amid concerns that a prolonged conflict could threaten shipping routes and energy supplies in the Middle East before retreating after Iran announced the end of its current operation.
Despite the announcement, analysts cautioned that the situation remains highly fragile, with tensions over Lebanon, regional security, and Iran’s broader dispute with Israel and its allies continuing to pose a risk of renewed hostilities.
Iran Halts Military Operation Against Israel, Warns of Stronger Response if Attacks Continue
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International
Israel Strikes Iranian Military Targets in Retaliation for Missile Attack
Israel Strikes Iranian Military Targets in Retaliation for Missile Attack
Jerusalem/Tehran – The Israel Defense Forces (IDF) launched airstrikes on military targets in western and central Iran early Monday, hours after Iran fired ballistic missiles at northern Israel in the first direct attack between the two nations since a fragile ceasefire took effect in early April.
The IDF said its aircraft struck military sites belonging to the “Iranian terror regime,” including areas near Tehran, Tabriz, and Isfahan. Iranian state media reported multiple explosions in those cities. The strikes also hit the Karun Mahshahr Petrochemical Company in Khuzestan Province, marking the first reported attack on an Iranian energy-related site since the April 8 ceasefire.
Israel’s ambassador to the United States, Yechiel Leiter, defended the strikes, stating that “no self-respecting country” would accept missile attacks on its territory. He added that Israel was targeting Iranian surface-to-surface missile launch sites and infrastructure not related to the energy sector.
Iran’s Islamic Revolutionary Guard Corps (IRGC) confirmed that Israel used air-launched ballistic missiles in the strikes and warned that if Israel expands its attacks on southern Lebanon or responds further, it will face more “crushing and regretful blows.”
The Iranian missile barrage on Sunday targeted Israel’s Ramat David Air Base in northern Israel, according to the IRGC. The attack was in response to recent Israeli strikes on Hezbollah positions in Beirut’s southern suburbs. The IDF said it intercepted the incoming projectiles, with no immediate reports of casualties or significant damage in Israel.
The IRGC claimed its forces struck two Israeli air bases—Nevatim and Tel Nof—during the operation it codenamed “Victory” (Nasr). Meanwhile, Iranian media reported that the Mahshahr special petrochemical economic zone was being evacuated following the Israeli strikes. The Tehran fire department confirmed that no urban areas in the capital had been targeted, with explosions limited to military sites. Iran temporarily closed the airspace around Tehran’s main international airport following the attacks.
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President Donald Trump reportedly urged Israeli Prime Minister Benjamin Netanyahu to exercise restraint and avoid retaliatory action to preserve de-escalation efforts, telling Axios, “Hopefully Israel is not going to retaliate… Each of them had their fun. We don’t need another one.” However, Israel proceeded with the strikes despite the president’s appeal. Trump told the Financial Times that Netanyahu “doesn’t call the shots” and would have “no choice” but to accept a deal with Iran, signaling a widening rift between the two allies as the administration seeks to wind down the conflict.
The exchanges mark the latest breach of the fragile ceasefire arrangements that followed the wider U.S.-Israeli military campaign against Iran, which began in late February 2026. A senior U.S. official described Israel’s strikes as “relatively limited” in scope. The escalation threatens to derail sensitive talks to end the wider conflict and cast the region back into chaos. Iran has demanded a ceasefire in Lebanon before an accord can be reached with the U.S., while Hezbollah last week rejected a U.S.-brokered ceasefire between Israel and Lebanon.
No immediate casualty figures were available from the Iranian side. Both countries have issued warnings of further escalation as the situation continues to develop, with the IDF calling up reserve battalions and reinforcing fronts, including forces continuing operations in southern Lebanon.
Israel Strikes Iranian Military Targets in Retaliation for Missile Attack
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