Last week, the electronics manufacturer Xiaomi unveiled its fast electric automobile, generating significant interest. Consequently, Xiaomi’s shares surged by as much as 16% on Tuesday. However,…
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On Wednesday, Hyundai Motor Group, based in South Korea, announced that it will hire 80,000 new workers. Additionally, it will invest 68 trillion won ($51 billion)…
On Monday, VinFast, a Vietnamese manufacturer of electric vehicles, announced the creation of V-Green, an EV charging station company. The company would prioritize servicing VinFast vehicles…
On Wednesday, the Wall Street Journal reported that electric car company Fisker has hired restructuring advisers, according to individuals familiar with the situation. This move aims…
Amidst a fierce price war, China’s Xiaomi announced on Tuesday that it will start shipping its inaugural electric car (EV), the model SU7, this month. Furthermore,…
China’s largest electric vehicle (EV) producer, BYD (002594.SZ), unveiled a new version of its best-selling car on Monday. The release comes at a lower price than…
On Wednesday, Polestar announced securing a $950 million loan from a bank syndicate, filling a gap left by Volvo Cars’ decision to cease funding the electric…
On Wednesday, Kyodo news reported that Toyota Motor, during the second round of pay talks, did not respond to the trade union’s wage demands.For the past…
On Wednesday, Toyota Motor (7203.T), the world’s largest automaker, refrained from responding to its union’s request for substantial pay raises and record bonuses. This lack of…
BYD Co Ltd from China will open a new electric vehicle (EV) factory in Mexico, according to Nikkei. The EV maker aims to create an export…