The CCI has cleared Honda Motor’s proposal to acquire an additional 21% stake in automotive components manufacturer Astemo from Hitachi.
Nissan has reportedly abandoned plans to develop a fully electric version of the Qashqai as part of a broader cost-cutting and rationalisation effort.
VW’s specialist software unit, CARIAD, has opened an automotive software campus in Berlin. It says that around 1,000 experts are working on AI technologies for the software-defined vehicle. As part of ...
Xiaomi says it has achieved a world first in autonomous driving at the Nürburgring Nordschleife racetrack. A Xiaomi YU7 GT, fitted with the Track Package, completed the full 20.8 km circuit entirely ...
Lucid Group plans to reduce its US workforce by about 18% and said COO Marc Winterhoff has left the company with immediate effect.
Chinese autonomous-driving company Momenta is preparing for a Hong Kong initial public offering (IPO) that could raise about $1bn.
Volkswagen has begun selling Volkswagen and Jetta vehicles in Uzbekistan, with the market overseen by its China business and supplied from Chinese factories.
If the target is achieved, NEV sales will account for 20% of the country’s heavy-duty truck fleet by the end of the decade, or some 1.6 million vehicles. To help facilitate the ...
Bangladesh has set out a package of tax incentives for EVs in its budget for the fiscal year starting July, covering importers, manufacturers and buyers.
Tesla has bolstered its India footprint with a fifth experience center in Hyderabad, complementing the existing sites in Delhi, Gurugram, Bengaluru, and Mumbai. This expansion, combined with a ...
The latest steps are part of Toyota’s broader investment in its Kentucky manufacturing operations. Credit: Toyota Motor Sales, U.S.A., Inc. Toyota has started producing the RAV4 hybrid at its ...
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