Browsing: Automotive
Nio Beats Revenue Expectations in Q4 Despite Decline in Deliveries, Misses Gross Margin Forecast
Nio reported fourth-quarter revenue that surpassed expectations, although it experienced a decline due to fewer vehicle deliveries. However, its gross…
General Motors, Magna, and Wipro Collaborate to Launch Automotive Software Sales Platform
General Motors, Magna, and Wipro announced on Tuesday a partnership to establish a sales platform for buying and selling automotive…
The Hyundai Ioniq 6 has been crowned the most fuel-efficient vehicle among 2024 models sold in the U.S. market, according…
Soracom and Suzuki have announced a new partnership aimed at developing IoT technologies for mobility services, with a specific focus…
Europe’s automakers will not challenge the European Union’s decision to effectively ban fossil-fuel vehicles by 2035, regardless of the outcome…
Li Auto has revealed an ambitious plan to expand its supercharging station network this year, although the number falls short…
Nio has inked a technology license agreement with Forseven Limited, a subsidiary of CYVN Holdings L.L.C., aimed at leveraging Nio’s…
South Korean automaker Hyundai has revealed plans for a substantial $1.1 billion investment in Brazil, focusing on eco-friendly vehicles, during…
South Korean battery cell manufacturer LG Energy Solution (LGES) has signed a contract with Chinese company Changzhou Liyuan New Energy…
Paul Jacobson, Chief Financial Officer of General Motors, has openly addressed the automotive giant’s need to resolve issues with its…
Lotus Technology, the luxury electric vehicle subsidiary of British sports car maker Lotus Group, is set to commence trading its…
Los Angeles-based startup Arc made waves on Tuesday with the launch of its latest offering, the Arc Sport, a mass-market…