This brand expansion is part of the company’s strategy to cater to distinct market categories.

Daesol Ausys announced its venture to construct a factory in Georgia, to manufacture luggage boards and compartment covers for EVs.

A total of 76,451 vehicles were manufactured last month, reflecting a substantial 31.6% increase compared to the previous year.

Audi Q8 e-tron

The state of California has already granted approval for a $25 million tax credit to support the proposed factory’s development.

The partnership aims to establish a comprehensive cooperation across the nickel value chain, a critical component in the production of electric vehicle (EV) batteries.

Tata Sierra.ev Concept

The Wall Street Journal reported that the investigation centers on allegations that Tesla misrepresented the driving range of its vehicles.