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Tesla Inc rejected on Thursday that refunds of reservations of its Model 3 sedan were now outpacing, replying to a report earlier in the day by a Wall Street brokerage
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Canadian auto parts provider Magna International stated on Monday it would set up two joint ventures with Beijing Electric Vehicle for constructing electric cars in China. The ventures are anticipated
General Motors will provide advanced batteries to Japan’s Honda Motor, the companies stated Thursday, a move that could apparently reduce the expense of future electric vehicles at both automakers after
Ford Motor could make electric cars in Germany after 2023, when the life cycle of Ford’s Fiesta model is due to end, the head of the automaker’s German business informed
Daimler and BMW’s new joint mobility services division aims to become an international player through both organic growth and acquisitions, Daimler Chief Financial Officer Bodo Uebber stated. “We want to
When Tesla Inc. released its first mass market model last year, it sent a message through the aluminum industry by heavily shifting to steel and apart from the lighter weight
Hyundai Motor’s union chief warned its employees may have to deal with similar crisis to the one hitting General Motors’ South Korean unit as sales in key markets slip, adding
The Renault-Nissan-Mitsubishi alliance is accumulating $200 million in a new mobility tech fund, three sources stated, in the recent move by significant automakers to adapt to quick industry change by
Peugeot maker PSA Group and Japan’s Nidec Corp stated they will invest 200 million euros ($237.18 million) in a joint venture to establish and produce electric car motors in France.
A group of primarily German automakers will open ultra-fast electric vehicle charging stations this year and plans a pan-European network of 400 by 2020, intending to narrow Tesla’s lead. News
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