Volkswagen has obtained 2.3bn reais ($425.62m) in financing from Brazil’s National Bank for Economic and Social Development ...
Chinese electric-vehicle (EV) maker Seres Group has raised HK$14.3bn ($1.8bn) through a Hong Kong listing, reported Bloomberg ...
Nissan and Monolith have announced a three-year extension to their strategic partnership, using artificial intelligence (AI) ...
China’s largest automaker, BYD, reported a 20% year-on-year plunge in global vehicle sales to 429,808 units in October.
Audi Group has lowered its full-year profitability target for the second time this year, citing pressure from US import ...
South Korean automaker Hyundai Motor Company reported a 20.5% drop in net profits to KRW 2.548 trillion (US$1.8 billion) in ...
Beijing Hyundai Motor Company (BHMC), Hyundai Motor Company’s main Chinese joint venture, launched the all-new Elexio battery-powered family SUV at an event in Yanti, China, as the South Korean ...
DeepRoute.ai plans to begin robotaxi operations using consumer-grade production vehicles before the end of this year.
Renault’s electric vehicle (EV) unit Ampere has signed a joint development agreement (JDA) with Stratus Materials.
US automaker Ford Motor is planning to commit about Rs32.5bn ($370m) to restart and retool its Maraimalai Nagar factory in ...
General Motors (GM) is set to reduce its US workforce by roughly 1,750 employees at electric vehicle (EV) and battery ...
Nexperia was created in 2017 when NXP sold its Standard Products division to two Chinese investor Groups, reports GlobalData.
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