Browsing: Investment
DiDi Autonomous Driving announced a strategic partnership with the Abu Dhabi Investment Office (ADIO) on November 12, marking the company’s…
BYD, China’s largest automaker, plans to double its European sales network by the end of next year as part of…
Xpeng reported its smallest quarterly net loss in five years as strong delivery momentum and rising service revenue lifted its…
The European Union will fund five battery cell production projects under its Innovation Fund after Porsche subsidiary Cellforce withdrew its…
Mercedes-Benz will establish its first research and development centre in Hungary, expanding its engineering footprint with a new facility dedicated…
Toyota Begins Battery Production at $13.9 Billion North Carolina Plant, Plans $10 Billion U.S. Investment Over Five Years
By James Bryant
Toyota Motor said on Wednesday it has started production at its $13.9 billion battery manufacturing plant in North Carolina, marking…
Swedish autonomous trucking company Einride announced it will go public in the United States through a merger with Legato Merger…
U.S. solar EV startup Aptera Motors said on Tuesday it has begun constructing a validation assembly line at its headquarters…
The Abu Dhabi Investment Office (ADIO) has announced 29 new commercial deployment agreements for autonomous mobility technologies, marking a significant…
South Korea’s automotive industry has raised unified concerns over the government’s 2035 National Greenhouse Gas Reduction Target (NDC), warning that…
Nissan and Dongfeng Launch China’s First Foreign-Backed Vehicle Import-Export Joint Venture
By Jackson Han
Nissan Motor showcased a range of “first-of-their-kind” vehicles at the 8th China International Import Expo (CIIE) and announced the creation…
Aeva Secures $100 Million Investment from Apollo Funds to Accelerate 4D LiDAR Expansion
By James Bryant
Aeva Technologies said on Friday it received a $100 million investment from funds managed by Apollo through the purchase of…
EU Industry Chief Warns of Rising Chinese EV Threat, Calls for Flexibility on 2035 Engine Ban
By Linda Ma
The European Union must defend its automotive industry against growing Chinese competition, including reconsidering its 2035 zero-emission target for new…
UK Battery-Electric Van Registrations Fall 5.8% in October Amid Infrastructure Challenges
By James Bryant
Battery-electric van (BEV) registrations in the United Kingdom fell by 5.8% in October, marking the first monthly drop in 13…
Brazil has launched the €80 million Brazil E-Bus Credit Enhancement Fund, a public–private initiative aimed at accelerating the electrification of…
Beta Technologies raised more than $1 billion in its initial public offering on Tuesday, valuing the Vermont-based electric aircraft manufacturer…
British electric vehicle infrastructure provider EO Charging said it has raised £25 million in a shareholder-led recapitalisation and expanded its…
Yutong Denies Remote Control Claims Over Electric Buses After Norwegian Cybersecurity Concerns
By James Bryant
Chinese electric bus manufacturer Yutong has denied allegations that its vehicles operating in Europe can be remotely accessed or controlled…
Lucid Motors reported third-quarter revenues of $336.6 million for 2025, up 68% from the same period last year, as vehicle…
Australian logistics company Toll Group is introducing twelve Volvo FE Electric trucks to its delivery network in collaboration with Coca-Cola…