The ‘Uni Wheel’ drive system aims to transform electric vehicle design by optimising interior space, enhancing efficiency, and offering adaptability to various types of EVs …
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China’s Ministry of Industry grants approval for electric vehicle maker Nio to produce vehicles in the country.
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INDUSTRY NEWSLatest News
U.S. Development Finance Corporation explores USD 500 million loan for VinFast
VinFast, a Vietnamese electric vehicle company, is being considered for a USD 500 million loan from the U.S. DFC to establish lithium-ion battery facilities in …
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Latest NewsMOTORSPORT
Ginetta set to introduce GT academy series in France in 2024
by Biplab Dasby Biplab DasThe Ginetta GT Academy France will feature the high-performance G56 GT Academy Car, serving as a crucial component in Ginetta’s racing ladder system.
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As part of Polyphony Digital’s Vision Gran Turismo project, Genesis has come out with the X Gran Berlinetta VGT Concept, which will be available in …
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Tesla’s strategy of frequently changing sales prices makes any residual value forecast extremely difficult for Sixt.
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At Toyota Kenshiki Forum 2023, the all-new Urban SUV celebrated its global debut, and the bZ Sport Crossover made its European debut.
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INDUSTRY NEWSLatest News
Red tape hampers EV charging station expansion across EU
by Biplab Dasby Biplab DasThe ease of establishing EV charging hubs varies widely across EU countries, with permitting hurdles acting as a significant roadblock.
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Maruti Suzuki reported a 3.39% gain in total sales at 1,64,439 units last month as compared to 1,59,044 units sold in the year-ago period.
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INDUSTRY NEWSLatest News
Oil prices waver amid OPEC+ pressure and geopolitical tensions
by Biplab Dasby Biplab DasThe OPEC+ decision to implement voluntary supply cuts raised skepticism among investors, contributing to a more than 2% slump in oil prices the previous week.