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 to total 64 million units in 2024 and increase 33 % in 2025.

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 ...