Tesla implements limited-time price reductions for select model Y variants in response to market dynamics
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San Francisco mob sets fire to Waymo self-driving car in shocking act of vandalism
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INDUSTRY NEWSLatest News
Stellantis faces Italian backlash over production decisions
by Biplab Dasby Biplab DasFollowing a safety testing scandal, Stellantis temporarily halted all factory operations, affecting its domestic production.
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The Renault-Geely joint venture aims to rake in USD 16 billion in annual turnover and employ 19,000 people on 22 sites around the world.
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INDUSTRY NEWSLatest News
Daihatsu resumes production after safety testing scandal
by Biplab Dasby Biplab DasThe Toyota-owned company’s Kyoto factory has resumed manufacturing the Probox van and Mazda-branded Familia van.
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Electric vehicles in North America accounted for 8.5% of Volkswagen’s total vehicle sales in January, up from just under 8% last year.
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For the current fiscal year, Nissan maintained its operating profit forecast of 620 billion yen, revising its retail sales outlook for the current financial year.
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Tesla reported almost USD 97 billion in revenue last year, equivalent to just under USD 690,000 for each of its over 140,000 employees.
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INDUSTRY NEWSLatest News
Amazon and BMW win lawsuit against counterfeit merchandise sellers in Spain
by Biplab Dasby Biplab DasThe lawsuit highlights the ongoing efforts to combat counterfeit goods circulating on online platforms.
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INDUSTRY NEWSLatest News
Panasonic Energy signs agreement with NOVONIX for synthetic graphite supply
by Biplab Dasby Biplab DasThe agreement is geared towards securing the supply of synthetic graphite, a critical component in the anodes of lithium-ion batteries utilized in electric vehicles (EVs).