The Indian automotive industry reported a year-on-year (YoY) growth of 18.46% in total vehicle sales, reaching a total of 28,54,242 units.

Despite optimal circumstances, nearly 50% of the 22 tested EVs failed to meet their EPA range estimates.

The decision to sell its stake in Harmonic Drive Systems is part of Toyota’s broader initiative to streamline its portfolio and optimize its investments.

The draft agreement released by the U.N. climate body puts forth the groundbreaking concept of an “orderly and just phase-out of fossil fuels.”

The USD 17 billion budget for low-carbon technologies, while a fraction of European peers’ investments, signals Exxon’s commitment.

The audit included on-site interviews and inspections of employee contracts and salary payments for the 197 employees at the Xinjiang site.

The proposed rules stipulate that from next year, clean-energy vehicles won’t qualify for subsidies if they contain battery components manufactured or assembled by an FEOC.

The initiative aims to install 30,000 EV charging ports by 2030, marking a significant milestone in the transition to widespread electric mobility.

The pressure to address rising inventories and weakening demand led to a significant drop, reminiscent of challenges faced in December 2022.

This requirement underscores the emphasis on safety measures during the transitional phase towards widespread autonomous transportation.