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…
During an official visit to Manila on Monday, United States Commerce Secretary Gina Raimondo announced that American businesses are expected to announce investments totaling more than…
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…
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…
Volvo Cars (VOLCARb.ST) announced on Thursday that it would no longer fund Polestar Automotive Holding (A4N1y.F), handing over responsibility for the luxury car brand to China’s…