…Volvo Cars has signed a multibillion-dollar deal to buy electric car batteries from two leading Asian manufacturers to supply the company until 2025. The deal with Chinese battery manufacturer…
…As India overtook China to become the world’s fastest-growing major economy, its buoyant car market was a conspicuous sign of its momentum. Driven by growing urban disposable income, the car sector…
…studied how best to introduce the new form of transport. By contrast, it has been open to the testing of driverless cars , which are a frequent sight on city streets — though with back-up drivers behind…
Nissan Motor Co. shares fell to their lowest since 2012 after predicting annual operating profit below even the most pessimistic analyst’s estimate and cut its dividend for the first time in a decade, giving partner Renault SA a potential opening to push for greater control over their automaking alliance.
Most electric vehicle manufacturers outsource their car batteries, but building them in-house like Volkswagen could promote innovation.
Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly.
China’s new energy vehicle sales performed well in April, despite the continuing downward trend of the automotive market, Securities Daily reported on Wednesday.
Self-driving vehicles will be evaluated in various simulated road conditions, including expressways, and roads in the village and city.
With 36 ducted fans producing a whopping 2,000 horsepower, the design of the five-seat German VTOL aircraft is ambitious, but its business model may be even more so.
Nissan, reeling from the arrest of its former chairman Carlos Ghosn, reported Tuesday that its annual profit nose-dived to less than half of what it earned the previous year, and forecast even dimmer results going forward.