Toyota has revealed the Hiace EV commercial van concept at the 2023 Tokyo Motor Show. The powertrain details are under wraps and it could go …
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INDUSTRY NEWSLatest News
Volvo Cars reports 75% surge in operating profits, 111% Increase in BEV Sales
by Biplab Dasby Biplab DasThe company’s operating profit, excluding figures from joint ventures and associates, catapulted to SEK 6.1 billion (USD 548 million) during the third quarter of 2023.
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INDUSTRY NEWSLatest News
BYD’s record quarterly profit scares competitors, investors remain cautious
Both BYD’s Shenzhen- and Hong Kong-listed shares witnessed a drop of around 3% on Tuesday morning.
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INDUSTRY NEWSLatest News
Stellantis reaffirms profitability targets despite North American strikes
by Biplab Dasby Biplab DasStellantis’ CFO stated that the strikes would have a modest impact on profitability, costing the company less than 750 million euros.
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Toyota recently revealed that it sold 7.5 million vehicles, including its Lexus brand, during the first nine months of the year.
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It might look like a simple bicycle, but the .1R makes use of cutting-edge technology, space-grade materials, and endless customisation to offer an unmatched cycling …
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Lexus recently revealed the LF-ZC concept at the ongoing Japan Mobility Show 2023. The LF-ZC is the next-generation battery electric vehicle (BEV) from Lexus that’s …
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INDUSTRY NEWSLatest News
Ford boosts access to Tesla superchargers, expands charging network
by Biplab Dasby Biplab DasFord also revealed its intention to expand its BlueOval Charge Network in North America, aiming to achieve a total of over 106,000 charging points.
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INDUSTRY NEWSLatest News
Tesla shares dip as Panasonic cuts battery production
by Biplab Dasby Biplab DasPanasonic attributed its production cutback to a decrease in demand for high-end EVs, especially in North America.
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INDUSTRY NEWSLatest News
GM, UAW reach tentative agreement, ending simultaneous strikes
by Biplab Dasby Biplab DasThe strikes, which began on September 15, saw nearly 50,000 workers walk out in a series of walkouts.