Over a period of 10 years, Tesla owners paid USD 4,035 on an average in vehicle maintenance and repair costs.

During the timeframe of January-March, SK Innovation reported an operating profit figure of 625 billion won (USD 454 million).

The probe has been ended four years after Mercedes reached a USD 1.5 billion settlement to settle separate allegations related to dieselgate.

The recall investigation is concerned with Model Y, X, S, 3 and Cybertruck vehicles in the U.S., equipped with Autopilot manufactured between the 2012 and …

Chinese automakers are incorporating advanced technologies and premium features into EVs to woo consumers.

The Brent crude futures gained 47 cents more to USD 89.48 a barrel and the WTI crude futures also rose 44 cents more to USD …

The Biden administration is reviewing the ‘Section 301’ trade tariffs on Chinese imports which could end up in higher tariffs being imposed on some products …

This significant sell-off comes in the wake of Baglino’s resignation from his senior leadership position at Tesla.

Tesla will utilise its established foundations and production lines to present the so called ‘more affordable’ models by early next year.

Honda has announced plans to collaborate with South Korean steel giant POSCO for battery cathode materials production.