Automotive

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FRANKFURT: German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China. A new version…

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Automotive platform CarTrade Tech on Thursday said it has launched CarTrade Ventures and is planning to invest Rs 750 crore in the next 5-7 years to fund acquisition and investment in the automotive space under this business initiative. The…

Last Updated: February 20, 2023, 09:04 ISTThe transaction remains subject to information or consultation with employee representatives.The enterprise value of the business is Euro 540 million and the transaction will be funded by a mix of…

HANOI: Vietnam's electric vehicle (EV) maker VinFast is recalling 2,781 of its sports utility model VF8 sold in the domestic market to check and replace the bolt connecting the front brake calliper to the knuckle, the company said on…

Hundreds of used electric vehicle battery packs are enjoying a second life at a California facility connected to the state's power grid, according to a company pioneering technology it says will dramatically lower the cost of storing…

PARIS: Nissan and Renault on Monday (Feb 6) unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15 per cent in Renault's electric vehicles unit Ampere. The alliance junior partner…

Aerosols are tiny particles that can have a significant impact on Earth's climate and human health. For example, these microdroplets can reflect incoming sunlight back to outer space, helping to cool a warming planet. Or they can be used to…

Tesla's China chief Tom Zhu has been promoted to take charge of the electric carmaker’s US assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters.…