Oxa launches autonomous Ford E-Transit van and minibus
Autonomous vehicle technology company Oxa has announced the launch of its autonomous Ford E-Transit van and minibus, which are powered …
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Toyota, NTT announce $3.3bn R&D investment to advance AI in self-driving cars
Toyota and Japan's Nippon Telegraph and Telephone (NTT) have committed to a research and development investment of 500bn yen ($3.26bn) …
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EU imposes tariffs on Chinese electric vehicles
The European Union has decided to impose tariffs of up to 45.3% on Chinese-built electric vehicles, following the conclusion of …
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Volvo EV drivers to gain access to over 17,800 Tesla Supercharger stations
Volvo is expanding its electrification strategy by providing its electric vehicle (EV) drivers with access to more than 17,800 Tesla …
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Xiaomi introduces luxury version of SU7 electric sports car
Xiaomi has introduced a luxury version of its SU7 electric sports car, positioning this model in direct competition with brands …
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CYVN Holdings signs non-binding agreement to acquire McLaren’s automotive business
Abu Dhabi-based CYVN Holdings has entered into a non-binding agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), Bahrain's sovereign wealth fund, …
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Hanon Systems build EV parts plant in Canada
Hanon Systems Company, a South Korean manufacturer of automotive thermal management systems, announced that it is building a new plant …
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Kia unveils the Tasman pickup truck
Kia Corporation this week unveiled its new Tasman pickup truck at the Jeddah International Motor Show in Saudi Arabia, as …
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Posco, JSW to build steel plant in India
South Korean steel and chemicals group Posco Holdings Inc. and Indian industrial conglomerate JSW Group this week signed a preliminary …
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Volvo and Daimler Truck to form joint venture for software-defined vehicle platforms
Volvo Group and Daimler Truck have entered into a binding agreement to establish a 50/50 joint venture aimed at developing …
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How Volkswagen is utilising AI to enhance its digital assistant
AI has transformed every aspect of the automotive value chain from supplier networks to sale and post-sale activity. The integration …
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Paris Motor Show 2024: Chinese automakers secure their entry into Europe
Chinese automakers commanded attention at the 2024 Paris Motor Show, underscoring a remarkable shift in the global automotive landscape. The …
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Italy plans to reduce automotive industry support by $5bn
Italy has plans for a significant reduction in the funds allocated to support its automotive industry, with a planned cut …
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Volkswagen plans cost-cutting measures amid economic pressures
Volkswagen is examining various cost-cutting strategies for its main brand, which includes a 10% wage reduction and a two-year wage …
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Škoda future models 2024-2034
Long the darling of the Volkswagen Group in many ways, Škoda continues to perform exceedingly well in almost every market. …
