China’s leading automaker First Automotive Works (FAW) and German automaker Audi signed a memorandum of understanding Tuesday on the establishment of a joint venture for production of electric vehicles based on the PPE platform.
Hungarian building engineering services company TGA Consult is plowing HUF 340 million into a plan to start producing elements of pre-fabricated homes, mainly for export.
A team of students from the Eindhoven University of Technology in The Netherlands has designed a zero-waste car made out of bio-based material developed by Israeli startup UBQ Materials.
If confirmed, the 49-year-old will officially succeed his father, Chung Mong-koo.
By Kim Hyun-bin Pat Wilson, the commissioner of the Georgia Department of Economic Development, has a positive outlook on the state’s partnership with SK Innovation.
The first quarter of FY21 ended on a contrasting note for auto sector, depicting a 2.7 per cent rise in car sales to 31,868 units while production fell by 24pc to 27,574.
China put on a spectacular military parade to celebrate the 70th anniversary of Communist Party rule last year, and President Xi Jinping wasn’t the only star of that show.
Families place a high demand on their transport, needing the fun as well as the functional.
China’s market regulator disclosed details Monday of penalties levied against Luckin Coffee Inc. and related parties for engaging in unfair competition by fabricating sales.
Kia Motors Corp. and two other South Korean carmakers have yet to reach wage deals with their unions for this year.