auto

Rimac said its $2.1 million Nevera is the world's fastest all-electric production car. The two-seat hypercar reached a top speed of 258 mph (412 kph) on Oct. 23 on the ATP Automotive Testing track in Papenburg, Germany, Rimac said in a…

Redwood Materials will provide cathode material, a key component of the lithium ion batteries that power electric vehicles, for a giant factory Panasonic Energy Co. is building in Kansas. The deal represents the first time the material…

State environmental regulators issued an air quality violation notice to Stellantis NV for exceeding its emission limit at Jefferson North Assembly Plant in Detroit. The plant, which makes Jeep and Dodge vehicles, was cited for an…

Mumbai, November 16 : Mumbai-based electric vehicle (EV) start-up company - PMV Electric has launched the Eas-E. The PMV Eas-E EV has launched in India at a starting price of Rs 4.79 lakh (ex-showroom). PMV Eas-E…

New Delhi, November 16 : Hero Electronix's Qubo on Wednesday announced the expansion of its auto tech segment with the launch of Dashcam Pro 4K. The product will be available online on the official website of Qubo…

Mercedes-Benz cut prices on two electric car models in China by as much as $33,000, as heated competition in the world’s biggest EV market impacts sales. The automaker said in a statement on its website on Tuesday that it was reducing…

New Delhi, November 16 : For the very first time, Japanese auto major – Toyota has dropped a teaser of its upcoming Innova Hycross MPV in India. The teaser image shows a typical dark background and doesn’t reaveal…

Ford Motor Co. CEO Jim Farley said insourcing work from suppliers will be crucial to keeping jobs at the automaker as the industry shifts to electric vehicles composed of far fewer parts. As Ford undergoes "the biggest change to our…

Die casting manufacturer Pace Industries LLC plans to close two plants in Michigan and lay off 244 employees due to "financial trouble." The permanent layoffs at the factories in Muskegon, Mich., will start Dec. 20 and be complete by the…

New Delhi, November 15 : The Kia Seltos is a popular global model that has laid its foundation in India for the South Korean car maker with its fabulous success. The Kia Seltos facelift is already available for sale…

Pace has four manufacturing locations in the Muskegon area, according to its website. The layoffs are the latest for a manufacturing sector that has been hit hard by inflation and supply chain troubles over the past two years. Several…

BERLIN -- Stellantis has signed a non-binding memorandum of understanding with German chipmaker Infineon for a multi-year supply of silicon carbide semiconductors. Infineon will reserve production capacity and will supply the power…

New Delhi, November 14 : Indian auto major Maruti Suzuki is planning to launch the CNG version of its popular Brezza sub-compact SUV soon. Very recently, the Brezza CNG has been spotted by the spying shutterbugs in…

In a shocking incident that took place in China, a Tesla car allegedly killed two people and injured three after the driver lost control of the vehicle. According to reports, the Tesla car took off at high speed…

After a Tesla car met with an accident in China, the company said that the driver failed to step on the brakes throughout the incident. According to reports, the police are investigating the cause. A video of the…

Some big, strategic decisions, however, must be made at the top of the house, like where to make vehicles and who supplies the batteries. The big ones that stand out to me right now are around timing and pricing. The company is set to…

In the past decade, investors have poured about $330 billion into 2,000 mobility companies, with two-thirds directed at AV technology and smart mobility, according to McKinsey & Co. The driverless car future hasn't panned out, but…

BERLIN -- BMW CEO Oliver Zipse said the carmaker would not abandon lower-priced segments in the transition to electrification. "We are not leaving the lower market segment. Even if you consider yourself a premium manufacturer, it is wrong…

WASHINGTON -- European Union Ambassador Stavros Lambrinidis said he was very hopeful that negotiations with the United States could result in elimination of discriminatory provisions in the U.S. Inflation Reduction Act. Lambrinidis told an…

Polestar posted a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, but the electric-vehicle maker warned that higher raw material costs would start to hurt later in the year. The Swedish…

Tata Motors said it expects profit and cash flow to bounce back in the second half thanks to healthy demand for its Jaguar Land Rover cars and a drop in domestic steel costs. The company reported a consolidated net loss of 9.45 billion…

Aoyama’s assessment came as Mazda reported a big bounce back in earnings for the fiscal second quarter ended Sept. 30. Riding a tailwind of favorable exchange rates and rising sales, Mazda booked a more than fivefold increase in operating…

New Delhi, Nov 10: Hyundai Motor India on Thursday said it will introduce its global dedicated battery electric vehicle platform in the country with its upcoming model Ioniq 5, slated to debut in the Auto Expo in…

New Delhi, November 10: Zoom is working with Elon Musk-run Tesla to bring video conferencing into its new electric vehicles. Zoom's group product manager Nitasha Walia said during the company's '2022 Zoomtopia'…

TOKYO – Honda dealers in the U.S. will likely have a hand in servicing, but not selling, the new wave of electric vehicles coming from the company's new joint venture with Sony. That's the message from Honda executives at headquarters in…

Rivian Automotive is a runaway hit with its R1T pickup and R1S SUV in the eyes of owners and automotive journalists, but the electric vehicle startup is no longer a Wall Street darling due to missed production targets and concern over…

BEIJING -- Renault and China's Geely said they have agreed to launch a new, equally held joint venture that will supply gasoline engines and hybrid technology to the brands they own as well as to other automakers. While it was not…

DETROIT -- Stellantis said Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner, Tesla Inc. CEO Elon Musk. “We're pausing paid advertising…

Lordstown Motors Corp. on Monday entered into a deal under which Foxconn Ventures, an affiliate of Foxconn, will invest up to $170 million in the electric vehicle maker, making the Taiwanese contract manufacturer its largest shareholder.…

WASHINGTON — Automakers are asking the U.S. Treasury Department for clarity on key provisions in the new tax credit for electric vehicles and urging as much flexibility as possible as they hurry to localize supply chains for EV batteries…