Zeekr’s parent, Geely, experienced a share drop of over 2.5% as news of the IPO filing circulated.
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Author: Biplab Das
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INDUSTRY NEWSLatest News
Waymo, Zoox under fire as unions demand driverless car investigation
by Biplab Dasby Biplab DasAccording to the unions, driverless vehicles are currently deemed to be unsafe and unsustainable.
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Addressing the crowd in Belvidere, Biden stated his desire for similar contract provisions to be extended to all autoworkers.
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INDUSTRY NEWSLatest News
UK shifts liability to self-driving car makers in new autonomous vehicle framework
by Biplab Dasby Biplab DasThis development comes as part of the government’s legislative agenda, with a promise to introduce the Automated Vehicles Bill in the upcoming parliamentary session.
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INDUSTRY NEWSLatest News
Hero MotoCorp to launch EVs in the UK and European markets
by Biplab Dasby Biplab DasAs part of Hero’s venture into the UK and Europe, the company has enlisted distributors to facilitate market penetration.
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INDUSTRY NEWSLatest News
Germany approves Bosch, Infineon, and NXP stakes in TSMC’s new semiconductor plant
by Biplab Dasby Biplab DasThe decision to greenlight this strategic investment by leading technology firms comes amidst a backdrop of recent geopolitical shifts.
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INDUSTRY NEWSLatest News
Daimler Truck expects slight decline in heavy-duty truck market
by Biplab Dasby Biplab DasDespite Daimler Truck reporting higher earnings for the third quarter, its shares experienced a 3.8% decline following the market announcement.
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The company recorded a net profit of USD 32.6 billion for the quarter ending September 30, compared to USD 42.4 billion during the same period …
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Latest NewsNEW LAUNCHES
Stellantis unveils Ramcharger plug-in hybrid model, phases out V-8 hemi engines
by Biplab Dasby Biplab DasThis move is part of Stellantis’s broader strategy aimed at reducing the carbon dioxide (CO2) emissions of its North American fleet.
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INDUSTRY NEWSLatest NewsLuxury Cars
GM temporarily halts Cruise Origin van production
by Biplab Dasby Biplab DasCruise, the driverless car unit of General Motors, previously announced a nationwide pause in operations.