Arrival has initiated discussions with accounting firm EY, exploring the option of them stepping in as administrators if the company fails to secure essential rescue …
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INDUSTRY NEWSLatest News
China’s automotive landscape sees surge in foreign carmakers boosting exports
by Biplab Dasby Biplab DasThe surge is attributed to the prowess of domestic players, including Chery, SAIC, Geely, and BYD, which have propelled China to the forefront of the …
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INDUSTRY NEWSLatest News
Zac Hollis joins VinFast for strategic role in India’s EV expansion
by Biplab Dasby Biplab DasThe move comes amid VinFast’s ambitious USD 2 billion rollout plan for its India operations.
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Bentley’s higher revenue models such as Azure, S and Speed accounted for 70% of total sales in 2023.
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Waymo has said it will work with Los Angeles policymakers, first responders and community organizations to launch its ride-hailing service.
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Panasonic Energy has a battery plant in Nevada and has broken ground on a second one in Kansas. It is yet to decide the location …
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Mercedes-Benz aims to set up more independent retail branches, potentially impacting 20 branches with 80 dealerships and 8,000 employees.
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The proposal outlines sweeping emission cuts for new cars and trucks through 2032, potentially boosting EV sales
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Stellantis CEO Carlos Tavares emphasises on prioritising profitability over potential industry-wide disruptions
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Amid a shifting focus towards hybrid models, Ford cuts production of the F-150 Lightning pickup due to lower-than-expected demand for electric vehicles