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…
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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.…
Beijing – On Thursday, Japanese automakers Nissan Motor (7201.T) and Mazda Motor (7261.T) debuted new models designed specifically for Chinese consumers. This move indicates a renewed…
Chinese automakers and shippers are ordering a record number of car-carrying vessels to support an EV export boom, data revealed. This trend positions China to potentially…
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 Thursday, Volkswagen and Chinese electric vehicle (EV) partner XPeng announced their first collaboration. They will jointly source parts to develop an SUV. Announcing a “master…
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…
BYD, a Chinese company, has moved one step closer to dethroning Elon Musk’s Tesla as the world’s largest seller of electric vehicles. The company announced on…