The decision to oust Lowe, who had led the company since 2017, comes as Wolfspeed grapples with significant headwinds.
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INDUSTRY NEWSLatest News
Xiaomi’s SU7 EV deliveries surpass 100,000 units, new target set at 130,000 by year-end
Xiaomi’s move into the EV industry aligns with its long-term strategy of diversifying revenue streams and leveraging its expertise in consumer electronics and IoT.
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INDUSTRY NEWSLatest News
Quantum Energy partners with I-Loan to boost accessibility of EV two-wheelers
The partnership extends support to Quantum Energy dealerships, equipping them with tools like QR codes for instant loan applications and on-ground assistance from I-Loan’s team.
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INDUSTRY NEWSLatest News
GM cuts nearly 1,000 jobs globally as auto industry navigates EV transition
General Motors (GM) is executing another round of significant workforce reductions, laying off approximately 1,000 employees globally, with the majority of cuts occurring in the …
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Aston Martin Formula 1 team is undertaking a significant internal transformation as it battles through a challenging 2024 season marked by diminishing performance and notable …
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In a volatile trading session Monday, global oil prices showed modest gains as heightened military confrontations between Russia and Ukraine reignited geopolitical concerns, though persistent …
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The U.S. National Highway Traffic Safety Administration (NHTSA) has announced that General Motors (GM) will be recalling 77,824 vehicles due to a software problem in …
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Airlines from across the region, including Singapore Airlines, Malaysia Airlines, and Air Astana, voiced frustration with the slow pace of repairs and maintenance.
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These additions to Mahindra’s 5-star-rated family, which includes the XUV700 and Scorpio-N, reflect the company’s dedication to safety as a core value in SUV design.
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Global oil prices experienced a downward trend in early trading Thursday, with market dynamics shaped by a strengthening U.S. dollar and growing concerns about increased …