Oil prices experienced a downward trend for the third consecutive day on Wednesday, influenced by multiple factors including expectations of higher U.S. commercial inventories and …

This investment is part of the automaker’s strategic initiative to prepare the facility for the production of a new SUV model slated for launch in …

This move aims to bolster Nissan’s competitiveness in the EV market amid fierce competition from industry leaders like Tesla and BYD.

Brent and U.S. crude futures rose by 0.5% and 0.6%, respectively, with the benchmarks responding positively to China’s GDP growth of 5.3% year-on-year.

This solution utilises second-life batteries from Range Rover and Range Rover Sport plug-in hybrid vehicles (PHEV).

The Omoda 5 SUV will make its UK debut next month, marking Chery’s first step into the British market.

This multimillion-dollar agreement is a direct outcome of the CHIPS and Science Act, a bipartisan legislation signed by President Biden in 2022.

The initiative highlights Mahindra’s dedication to operating ‘Planet Positive’ businesses and transitioning towards sustainable energy solutions.

The move comes as Tesla faces challenges stemming from sluggish demand for its electric vehicles in an increasingly competitive market.

The collaboration with Tata Electronics could be a crucial step in Tesla’s broader strategy to diversify its component sourcing beyond traditional suppliers.