The region, home to a growing network of industrial parks, has already seen a rise in factory relocations.
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The shift to larger cylindrical cells follows a trend set by industry leaders like Tesla and is now being adopted by other automakers, including Mercedes-Benz.
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In 2020, NHTSA granted a groundbreaking approval to U.S. robotics company Nuro, allowing it to deploy up to 5,000 low-speed electric delivery vehicles without human …
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INDUSTRY NEWSLatest News
Israel signs USD 5.2 billion deal to acquire 25 F-15 fighter jets from Boeing
The F-15IA fighter jets will be equipped with advanced weapons systems compatible with Israel’s existing arsenal, along with enhanced range and payload capabilities.
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Despite these concerns, Daimler Truck reported a marginally better-than-expected core profit for the third quarter.
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Brent crude oil futures were up 29 cents, or 0.39%, at $75.21 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 18 cents or …
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Stellantis, the result of a merger between Fiat Chrysler Automobiles and Peugeot (PSA) in 2021, has been facing a challenging economic environment, with its stock …
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Audi, a subsidiary of the struggling Volkswagen Group, is targeting a reduction of around 15% in its workforce, primarily affecting so-called “indirect jobs” such as …
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Owners of affected vehicles are advised to follow the recommended safety measures until their vehicles can be repaired.
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China has elevated its dispute with the European Union over electric vehicle tariffs to the World Trade Organization (WTO), marking a significant escalation in the …