The decision to scale back is seen as a response to concerns from U.S. lawmakers opposing EV subsidies benefiting a Chinese entity.

Under the agreement, CATL will provide lithium iron phosphate (LFP) batteries to Stellantis, known for brands like Jeep, Peugeot, Fiat, and Alfa Romeo.

The move comes as Rivian readies for the launch of its flagship R1S SUV and R1T pickup truck.

This marks the first time since 2019 that GM will sit out the NFL championship game, as part of a broader strategy to curtail fixed …

CEO Carlos Tavares and Industry Minister Adolfo Urso previously announced plans to boost Stellantis’ annual production in Italy to one million vehicles.

Judge Thompson emphasized that customers could not prove Tesla coerced them into using its services and parts merely by choosing to buy their vehicles from …

AEM, headquartered in Washington in England’s industrial northeast, has already deployed commercial rare earth-free motors in electric buses globally.

Cruise recently suspended all U.S. car trips, including those with safety drivers, to conduct a thorough safety review prompted by an October incident.

Foxtron faced financial losses in both 2021 and 2022, raising doubts about a swift turnaround in the next two years.

Li Auto has initiated pre-orders in China, positioning the MEGA against established global brands like BMW, Mercedes-Benz, and Audi in the large-sized MPV market.