The company aims to fortify its distribution channels and offer EV chargers through both direct sales and other channels.

GBR002 originates from a 1992 Porsche 911 (964) Carrera 2, taken back to bare metal for a comprehensive restoration.

The announcement came during the launch event of the Luxeed S7 sedan, a collaborative effort between Huawei and Chinese automaker Chery.

The Schaeffler family initially proposed a share price of 91 euros, a figure criticized by some investors as being too low.

The first units of the five-seat double cab are now rolling off the production line, marking a significant milestone for the British automaker.

OPEC+, a coalition comprising the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC allies, is scheduled for an online ministerial meeting on November 30.

The dismissal comes in response to a complaint filed by the Workers United union, which aimed to organize workers at Tesla’s Buffalo, New York “gigafactory.”

This development precedes the finalization of its merger with the special purpose acquisition company (SPAC) L Catterton Asia Acquisition (LCAA).

The growing importance of EVs is evident as they contribute to tax revenue and employment opportunities in key states.

While workforce reductions are on the agenda, the company had previously committed to leveraging the “demographic curve” for staff adjustments without dismissals until 2029.