The affected models include those sold by Mazda and Subaru in Japan, as well as Toyota and Daihatsu models internationally.
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The NIO ET7 becomes the world’s longest-range vehicle, showcasing the capabilities of its swappable high-density 150 kWh semi-solid state battery pack.
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INDUSTRY NEWSLatest News
Tesla scraps yearly merit-based stock awards for employees
by Biplab Dasby Biplab DasThis move by Tesla aligns with broader developments in the auto industry, where unions are gaining traction and pushing for better working conditions and benefits.
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INDUSTRY NEWSLatest News
Ford abandons Chennai plant sale amid market speculation
by Biplab Dasby Biplab DasThis development follows Ford’s recent deal with JSW Group, led by Sajjan Jindal, prompting speculation about a potential re-entry into the Indian market.
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INDUSTRY NEWSLatest News
Alibaba Group further reduces its stake in Xpeng amidst growing EV market competition
by Biplab Dasby Biplab DasThe recent regulatory filing reveals Alibaba’s current stake at 9.2%, down from 12.5% just over a week ago, demonstrating a notable adjustment in its holdings.
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INDUSTRY NEWSLatest News
Canada mandates zero-emission vehicles by 2035 in bold climate move
by Biplab Dasby Biplab DasThe regulations set a progressive trajectory, requiring ZEVs to constitute at least 20% of total car sales by 2026 and a significant 60% by 2030.
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INDUSTRY NEWSLatest News
C4V and Hindalco partner for EV battery materials development
by Biplab Dasby Biplab DasThis strategic collaboration aims to cater to the burgeoning market for electric vehicle (EV) battery materials.
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INDUSTRY NEWSLatest News
ABB to supply 1,300 robots for Volvo’s electric vehicle production
by Biplab Dasby Biplab DasVolvo Cars, in response to growing consumer demand for electric vehicles and a push for sustainable operations, has reinforced its partnership with ABB.
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INDUSTRY NEWSLatest News
Everrati unveils driver-focused electric Porsche inspired by type 964 RSR
by Biplab Dasby Biplab DasBuilt upon an expertly restored 911 (964), the Everrati model follows the ethos of the RSR 3.8, focusing on lightweight, high-performance elements.
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The German automaker facilitates transition towards electric mobility by taking over the government’s share of EV subsidy