Browsing: Investment

Stellantis will assume full ownership of its hybrid vehicle transmission joint venture with Punch Powertrain, taking over operations at production…

Swedish battery manufacturer Northvolt has announced that co-founder Paolo Cerruti will step down from his role as Chief Executive Officer…

Tesla reported its first annual decline in vehicle deliveries in 2024 but outlined a growth strategy for 2025 focused on…

Volkswagen CEO Oliver Blume has confirmed discussions with the company’s Chinese joint venture partners regarding their potential interest in investing…

General Motors (GM) delivered a positive profit outlook for 2025 after reporting full-year 2024 earnings that exceeded Wall Street estimates,…

Rivian CEO RJ Scaringe said the electric vehicle maker is unconcerned about potential changes to U.S. electric vehicle policies under…

Jaguar Land Rover (JLR) announced plans to invest £65 million ($80.71 million) to expand its luxury paint services in the…

Forum Mobility has opened the FM Harbor electric truck charging depot at the Port of Long Beach, the world’s largest…

Jaguar Land Rover’s investment arm, InMotion Ventures, has contributed $2 million to Cyclic Materials, a rare earth magnets recycling company.…

Hyundai Motor Group has completed its new development center, dubbed the ‘Square Campus,’ at the Hyundai Motor Europe Technical Centre…

Volkswagen (VW) is reportedly exploring a joint venture with a Chinese automaker to produce electric vehicles in Germany, potentially marking…

Stellantis has unveiled plans for a substantial multi-billion-dollar investment in the United States, with the announcement coming shortly after Chrysler…

Volkswagen aims to increase its U.S. market share, targeting a goal to double its current 4% share by 2030, according…

Rivian, the U.S. electric pickup and SUV manufacturer, is in discussions with other automakers about supplying its software and electrical…

Sonocharge Energy has raised $23.5 million in a financing round led by Cycle Capital, with additional participation from Honda, Khosla…

Nissan has delayed the production of electric vehicles (EVs) at its Canton, Ohio plant, now pushing the start date to…

Nova Bus, a Canadian bus manufacturer within the Volvo Group, has secured an order for 80 electric buses from the…

Nissan has confirmed the location for its upcoming LFP battery factory, which was first announced last year. The plant will…

Tata Motors, India’s largest electric vehicle (EV) manufacturer, is prioritizing locally produced EV batteries to reinforce its position as competition…

U.S. President Donald Trump’s decision to revoke a key electric vehicle (EV) target set by his predecessor, President Joe Biden,…