In a major blow to General Motors, the National Highway Traffic Safety Administration (NHTSA) has announced that the automaker will be recalling 461,839 vehicles over …
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This incident contrasts sharply with a more severe fire at South Korean lithium battery maker Aricell’s plant in June, which tragically resulted in the deaths …
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GM has begun notifying vehicle owners about the recall and will provide instructions for scheduling inspections and repairs.
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As part of its workforce reduction plan, SK On will offer a voluntary departure package that includes a retirement option for employees who joined prior …
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As of the end of 2023, the company had USD 2.13 billion in cash reserves.
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Fully electric vehicle (EV) sales plummeted 43.9% in August, marking the fourth consecutive month of declines.
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Volvo’s move making this change in construction timeline is in line with the firm’s development goals and environment enthusiasm.
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The potential joint projects will focus on the co-development and production of passenger and commercial vehicles.
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INDUSTRY NEWSLatest News
Geely explores locations for potential European plant amid ongoing discussions
Geely is currently in talks with Poland’s new government regarding a potential joint venture for an electric vehicle (EV) plant in the country.
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INDUSTRY NEWSLatest News
Stellantis to invest over USD 406 million in Michigan facilities to boost EV, hybrid production
In a significant move to bolster its electric and hybrid vehicle lineup, Stellantis has announced plans to invest over USD 406 million in three of …