Chinese technology powerhouse Xiaomi Corporation is set to mark another milestone in its electric vehicle journey with the planned completion of its manufacturing facility expansion …
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Author: WionDrive News Desk
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The International Monetary Fund (IMF) released a comprehensive analysis on Tuesday warning that the worldwide transition to electric vehicles (EVs) will fundamentally reshape global economic …
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German Chancellor Olaf Scholz has strongly defended the nation’s automotive industry against concerns over Chinese competition while inaugurating Mercedes-Benz’s pioneering battery recycling facility in southwestern …
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Hyundai Motor India’s shares stumbled in their market debut on Tuesday, dropping as much as 6% below their initial public offering price, highlighting investor concerns …
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Oil prices retreated on Tuesday as diplomatic efforts intensified in the Middle East and persistent concerns about Chinese demand continued to influence market sentiment, highlighting …
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The government’s push for a strategic energy infrastructure plan comes at a crucial time as the UK seeks to bolster its energy security and move …
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The ongoing strike has already impacted the production of Boeing’s flagship models, raising concerns about the company’s future performance.
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GM CEO Mary Barra recently stated that profit margins for traditional gasoline-powered vehicles have not peaked, and she indicated that EV sales are ramping up.
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INDUSTRY NEWSLatest News
Musk faces investor questions on Robotaxi plans during quarterly results call
Elon Musk has previously indicated that the robotaxi is slated for production in 2026, with an expected price tag under USD 30,000.
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The Financial Conduct Authority (FCA), Britain’s financial watchdog, has levied a substantial fine of £5.4 million ($7 million) against Volkswagen Financial Services (UK) Limited for …