Daimler AG

BEIJING: Beijing has fined the retail chain 7-Eleven for recognising Taiwan as an independent nation on its website. According to reports, Tokyo-based Seven & i Holdings owned convenience store chain, 7-Eleven, has been fined 150,000…

Daimler Mercedes-Benz The Vision EQXX concept car unveiled.Courtesy: DaimlerDaimler has released details of a concept electric vehicle which uses solar technology and bio-based materials, with the German automotive giant saying it has a…

The Toyota Motor Corp. logo in the Toyota City Showcase exhibit at the company's Mega Web car theme park in Tokyo, Japan, on Monday, Nov. 1, 2021.Kiyoshi Ota | Bloomberg | Getty ImagesToyota, one of the world's largest automakers, is…

A Volkswagen ID.4 on display at a press event in Germany on October 26, 2020.Peter Steffen | picture alliance | Getty ImagesThe CEO of Volkswagen Group has praised Elon Musk's Tesla and welcomed the fact there will be competition between…

Franchise owners have launched a huge compensation claim over the brand’s attempts to cut them out of the new-car sales process.Mercedes-Benz car dealers have launched a $650 million legal action against the German giant, as a dispute over…

A Volvo C40 Recharge photographed in Stockholm, Sweden, on March 2, 2021.CLAUDIO BRESCIANI | AFP | Getty ImagesThe CEO of Volvo Cars has told CNBC that the automaker's shift to electric vehicles is the reason behind its planned listing on…

The electric vehicle sector is seeing its "most exciting moment" now — and consolidation in the sector cannot be avoided, says Bain & Company's Helen Liu."I would say that consolidation is an inevitable trend in this industry," Liu,…

A wave of new cars are set to enter production soon, which would dramatically reduce one of the biggest hurdles stopping the uptake of electric cars.Australians mostly ignore EVs when choosing their next new car because they’re expensive.…

Technicians work in the assembly line of German carmaker Volkswagen's electric ID. 3 car in Dresden, Germany, June 8, 2021.Matthias Rietschel | ReutersCar manufacturers including Ford, Volkswagen and Daimler are still struggling to deal…

Beijing: Zeekr, the electric vehicle (EV) brand by Geely, has raised $500 million in its first external funding round that saw the participation of investors Intel Capital, battery maker CATL and online entertainment firm Bilibili. Led by…