This strategic move aims to enhance Volkswagen’s competitive edge and offer more affordable EV options in its largest market, China.
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INDUSTRY NEWSLatest News
NHTSA intensifies probe into Honda vehicles over emergency braking malfunction
by Biplab Dasby Biplab DasThis move towards an engineering analysis, a mandatory step preceding potential recalls, highlights the seriousness of concerns regarding the AEB functionality.
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INDUSTRY NEWSLatest News
Tesla seeks shareholder approval for CEO’s controversial pay package
by Biplab Dasby Biplab DasMusk’s compensation plan, which excludes salary or cash bonuses, hinges on Tesla’s market value soaring to potentially reach USD 650 billion within the next decade.
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Oil prices experienced a downward trend for the third consecutive day on Wednesday, influenced by multiple factors including expectations of higher U.S. commercial inventories and …
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INDUSTRY NEWSLatest News
Volkswagen invests in South African plant for new SUV production
by Biplab Dasby Biplab DasThis investment is part of the automaker’s strategic initiative to prepare the facility for the production of a new SUV model slated for launch in …
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INDUSTRY NEWSLatest News
Nissan to ramp up solid-state battery production
by Biplab Dasby Biplab DasThis move aims to bolster Nissan’s competitiveness in the EV market amid fierce competition from industry leaders like Tesla and BYD.
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Nissan has updated one of its most popular crossovers, the Qashqai, with the 2024 model year bringing a heavily refreshed design, new features and efficient …
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BYD has already delivered nearly 20,000 units of Bao 5, the first model under its premium Fangchengbao brand.
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At Tesla’s German plant, 3,000 of the carmaker’s roughly 12,000 staff have been reportedly fired.
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The Suzuki Hayabusa 25th Anniversary Edition is only available with the single-seat version, that too in a special dual-tone orange and black colour scheme.