The agreement, set to conclude by the end of December, will grant CYVN Holdings a 20.1% stake in Nio, following a previous USD 1 billion …

Under the partnership, VinFast will supply the used EV batteries, while Marubeni will repurpose them into Battery Energy Storage Systems (BESS).

IM Motors aims to become one of the pioneering brands granted approval for highly autonomous driving vehicles in the country.

This annual pilgrimage for motorcycling enthusiasts celebrated a decade of biking culture, adventure, and unity under the theme ‘Everyone as One.’

The abrupt cessation of a programme offering subsidies to buyers of new electric vehicles has triggered discontent across party lines.

The EV Availability Standard aligns with the global trend towards electrification, as countries worldwide intensify efforts to combat climate change and reduce carbon emissions.

Japanese automakers, including Nissan, have confronted significant sales challenges in the fiercely competitive Chinese auto market, which ranks as the world’s largest.

Minister of Oil, Hardeep Singh Puri, underscores India’s interest in diversifying its oil sources and reducing the crude import bill.

Nio’s decision to expedite the launch of its Firefly brand aligns with the broader trend of Chinese EV companies expanding into Europe.

RDW, which holds authority over safety approval for Teslas in Europe, emphasized key differences in Autopilot functions available in European and U.S. markets.