Ola Electric surged 20%, reaching a $6.99 billion valuation, after launching motorcycles and promising lower costs with in-house batteries. The e-motorcycle launch will heighten competition in…
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Ola Electric Mobility’s shares rose 20% on debut, valuing it at $4.8 billion, as investors anticipate growth in electric vehicles. The stock listed flat at 76…
On Friday, the Sweden-based automaker reported a 6% year-over-year increase in Volvo Cars’ July sales, reaching 57,447 units. This rise was primarily driven by a surge…
Toyota’s global production fell in June, marking the fifth consecutive month due to a home market scandal and China’s price war. Japan’s top automaker’s global output…
According to a report published on Friday in the Nikkei business daily, Toyota Motor of Japan intends to construct an electric vehicle battery plant in the…
CATL and BYD are exploring the expanding market for stationary energy storage solutions in China. Since 2021, CATL leads global battery deliveries for energy storage, holding…
IG Metall, Germany’s leading union, announced Friday that wage negotiations in October will seek a 7% salary increase from Volkswagen.The leading industrial union in Germany, stated…
China’s securities regulator approved Momenta Global Limited’s US IPO, as stated on Monday. Momenta intends to issue shares, listing on Nasdaq or NYSE, as stated by…
Hyundai Motor Co. Launches a New Chapter with IPO Hyundai Motor Co. to sell 17.5% shares on Mumbai exchange, potentially the country’s largest offering.The parent company…
On Friday, French automaker Renault and its Chinese partner Geely announced a highly anticipated joint venture, aiming to boost the competitiveness of their legacy vehicle industry.…