Ford is evaluating whether its F-150 Lightning EV truck will continue to qualify for tax credits post-January.
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INDUSTRY NEWSLatest News
PensionDanmark divests Tesla holdings over labour union dispute
by Biplab Dasby Biplab DasExpressing their limited influence over Tesla’s labour practices, PensionDanmark deems divestment as a strategic move.
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Featuring bespoke paintwork, the handcrafted Lamborghini celebrates the brand’s 60th anniversary. It will debut at Art Basel Miami Beach 2023 on 8th December.
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INDUSTRY NEWSLatest News
Volkswagen targets 20% reduction in administrative staff costs
by Biplab Dasby Biplab DasVW’s management revealed plans for a 20% reduction in administrative staff costs, emphasising a shift towards partial and early retirement instead of layoffs.
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INDUSTRY NEWSLatest News
Renault’s alliance with Nissan and Mitsubishi sees strategic investment in Ampere
by Biplab Dasby Biplab DasNissan and Mitsubishi have committed substantial investments in Ampere, with Nissan contributing up to 600 million euros and Mitsubishi allocating 200 million euros.
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The THK LSR-05 is a fully functioning electric vehicle prototype developed to showcase the company’s key technologies, such as in-wheel motors and wireless charging.
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The Revuelto is the much-awaited successor to Lamborghini’s outgoing V12 flagship, the Aventador, and it has made its India debut at an eye-watering price of …
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INDUSTRY NEWSLatest News
Indian auto sales surge in November 2023: a look at the numbers
by Biplab Dasby Biplab DasThe Indian automotive industry reported a year-on-year (YoY) growth of 18.46% in total vehicle sales, reaching a total of 28,54,242 units.
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INDUSTRY NEWSLatest News
Electric Vehicle real-world ranges vary, consumer reports finds
by Biplab Dasby Biplab DasDespite optimal circumstances, nearly 50% of the 22 tested EVs failed to meet their EPA range estimates.
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The Mercedes-AMG CLE 53 Coupé expands the CLE model line-up into the entry-level performance coupé segment.