The move comes after NHTSA officials argued that inflators from the two manufacturers could rupture, posing safety risks.
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INDUSTRY NEWSLatest News
Panasonic Energy withdraws Oklahoma candidacy for new EV battery plant
by Biplab Dasby Biplab DasThis decision follows Panasonic’s earlier consideration in April to establish its third U.S. plant in Oklahoma.
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According to the standards set by the engineering organisation SAE International, Drive Pilot achieves the first level of autonomy, where human intervention is not required …
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U.S. manufacturers are increasing wages for their non-union employees in the wake of significant wage and benefits agreements secured by the UAW for union workers …
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The partnership includes a comprehensive range of finance plans, encompassing retail financing, dealer financing, and wholesale financing
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INDUSTRY NEWSLatest News
Toyota’s Daihatsu unit suspends vehicle shipments amid safety scandal
by Biplab Dasby Biplab DasThe affected models include those sold by Mazda and Subaru in Japan, as well as Toyota and Daihatsu models internationally.
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The NIO ET7 becomes the world’s longest-range vehicle, showcasing the capabilities of its swappable high-density 150 kWh semi-solid state battery pack.
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INDUSTRY NEWSLatest News
Tesla scraps yearly merit-based stock awards for employees
by Biplab Dasby Biplab DasThis move by Tesla aligns with broader developments in the auto industry, where unions are gaining traction and pushing for better working conditions and benefits.
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INDUSTRY NEWSLatest News
Ford abandons Chennai plant sale amid market speculation
by Biplab Dasby Biplab DasThis development follows Ford’s recent deal with JSW Group, led by Sajjan Jindal, prompting speculation about a potential re-entry into the Indian market.
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INDUSTRY NEWSLatest News
Alibaba Group further reduces its stake in Xpeng amidst growing EV market competition
by Biplab Dasby Biplab DasThe recent regulatory filing reveals Alibaba’s current stake at 9.2%, down from 12.5% just over a week ago, demonstrating a notable adjustment in its holdings.