The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better ...

Geely's premium brand has made a promising start with the sport utility vehicle X, said Connal Yan, managing director of Zeekr Australia, adding that the X and the multi-purpose vehicle 009 have ...

In a proposal submitted to the Centre, the AIMTC has advocated for implementation of a minimum freight for all categories of commercial vehicles, akin to the system in place for buses and auto ...

Volkswagen: Tensions at the carmaking giant are running high as the spectre of factory closures, which would be a first for ...

Tesla: Activists living in treehouses in the woods near the plant have been camping out for over half a year to protest against the expansion, and earlier this year local citizens voted against a ...

BYD, the second-largest producer of battery-electric cars globally after Tesla, plans to produce components in Europe and assemble battery packs at its European plants in Hungary and Turkey, importing ...

Lyten: With battery costs significantly impacting EV prices, automakers are increasingly looking for alternative technologies to make such vehicles accessible to a wider market.

The global shift to electric vehicles, led by China, is set to significantly impact the oil market, potentially reducing oil demand by up to 6 million barrels per day by 2030. The IEA report projects ...

In two separate contracts, LGES will supply 34 GWh batteries to the US carmaker from 2026-30 and 75 Gwh batteries from 2027-32, the company said in a statement.

Despite several hurdles affecting the EV market over the past few months, Gartner projects the number of EVs in use globally ...

Usually, a drop past a key level, especially one held for a long time, leads to a pick-up in volatility and more losses. For the rupee, however, that has not happened, with the currency more or less ...

Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites, easing fears of a ...