Tag: Automobiles
Honda willing to form new alliances to make electrification profitable
Honda Motors, a popular Japanese automaker, has stated its willingness to develop new alliances in order to make electrification profitable.
The decision highlighted the...
British luxury carmaker McLaren gets $551mn from Saudi PIF & US-based...
British automotive manufacturer McLaren Group has secured a $758 million equity investment, with most of the fund raised from Saudi Arabia's Public Investment Fund...
Rivian pushes deliveries of R1T electric pickup to September
American eCommerce giant Amazon-backed electric vehicle (EV) startup Rivian Automotive will delay the first deliveries of the long-awaited pickup truck by more than a...
Apple supplier Foxconn may build electric vehicle plant in Wisconsin
The Taiwanese multinational electronics contract manufacturer Foxconn is in discussions with the US state of Wisconsin on setting up electric vehicles plant.
As part of...
EU fines 4 major German car manufacturers $1bn over emission collusion
The European Union (EU) handed down $1 billion in fines to four major German carmakers accusing that they breached EU antitrust rules by restricting...
Renault agrees electric car battery deals with Envision, Verkor
The French vehicle manufacturer Renault has sealed partnerships with China's Envision Group and France's Verkor to produce electric car batteries in northern France, to...
Self-driving startup WeRide deepens development with Nissan, secures $310mn
WeRide, a China-based autonomous driving startup, stated that it would expand development with Nissan Motor 7201.T on autonomous driving technology for the market as...
Volvo unites with Northvolt to develop, produce batteries for EV
Volvo Car Group, which is owned by China's Geely Holding, has announced plans for a joint venture with Swedish battery maker Northvolt to develop...
