Toyota plans to produce at least 2.5 million vehicles annually in China by 2030. This significant shift will bring its sales and production operations in China…
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China’s Leapmotor and its partner Stellantis announced on Tuesday that they will begin accepting orders for an SUV and a city car in the European market.…
Tesla contacted Ottawa and requested a lower tariff on its cars. This request came before Canada announced a 100% duty on electric vehicles built in China,…
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…
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…