Uber Technologies reports strong financial results for the holiday quarter, including its first annual net profit.

E-Luna’s total cost of ownership per month is touted to be below INR 2,500 with a minimum EMI of around INR 2,000 and charging cost …

Following a recent collision with an autonomous driving unit, various unions and safety advocates have called for industry-wide probes into driverless vehicles.

The IEA anticipates that India will witness a substantial increase in oil demand, with a projected rise of nearly 1.2 million barrels per day (bpd) …

China’s new energy vehicle (NEV) sales witnessed a significant drop of 38.8% compared to the previous month, marking the first decline since August 2023.

Ford forecasted a pretax profit of USD 10 billion to USD 12 billion for 2024, building on its previous year’s earnings of USD 10.4 billion …

Rivals Honda and Nissan also saw gains as investors anticipate that their strong hybrid lineups will benefit from the shifting dynamics in the automotive market.

Porsche has updated its first all-electric model — the Taycan — with a slew of updates, from cosmetic enhancements and functional additions to technological advancements …

The ministry’s guidelines urge NEV manufacturers to actively address foreign trade restrictions by enhancing collaboration with overseas firms.

The move comes as the company faces intense scrutiny over its handling of the incident.