Chevrolet appears to be conjuring the spirit of Thomas Edison to take on Tesla–in China.
Hungarian-founded startup Commsignia, a market leader in V2X (vehicle-to-everything) solutions, has announced the closure of an USD 11 million fundraising round led by Karma Ventures and Samsung Catalyst Fund, together with Partech, Inventure, and existing investors Credo Ventures, and Day One Capital.
Ghana will offer tax breaks of up to 10 years to automakers that set up local manufacturing plants, as the government seeks to attract international companies such as Volkswagen AG and Nissan Motor Co.
The panda-bond market has soared seven-fold over the past four years as of April 2019 to $52 bln (350 bln yuan), Russia’s Analytical Credit Rating Agency (ACRA) said in a statement on Thursday.
Ford Motor Co. has announced a recall of more than 100,000 vehicles over concerns about a part on their seat belts.
A donor with deep ties to Ukraine loaned Joe Biden’s younger brother half-a-million dollars at the same time the then-vice president oversaw U.S. policy toward the country.
On the anniversary of Japan’s World War Two surrender, South Korea’s president on Thursday urged Japan to contemplate its wartime past and offered to engage in talks to repair strained ties, while Japan pledged to never repeat the horrors of war.
The two preceding articles in this three-part daily series on the future of the UK automotive industry have explored the impact of tariffs on the supply chain and questioned whether major carmakers will move their plants overseas.
…Nio, China’s top electric car start-up by funding, has been hit by the departure of one of its founders after financial pressures led the company to cut its workforce by 10 per cent and sell its…
The perks of owning an electric car in Norway — one of the world’s largest markets for electric cars — are mostly enjoyed by the richest.