German automotive supplier Continental set up a supercomputer for Artificial Intelligence (AI) to accelerate the development of innovative mobility technologies, the company announced on Tuesday.
Nissan also skipped its final dividend for the last fiscal period.
French automaker PSA Group held on to its financial outlook even after profit slumped in the first half of the year, when pandemic lockdowns hammered vehicle sales in some of its biggest markets.
This story is part of the special report In Search of Sovereignty, on Europe’s effort to support domestic technology.
Chinese electric vehicle maker Li Auto, backed by food delivery giant Meituan Dianping, has launched an initial public offering (IPO) of up to US$950 million.
STARTUP LOBBY GETS NEW ADVISORY BOARD: Allied for Startups, which represents over 10,000 startups around the globe, launched a new advisory board this week, as the startup scene takes a beating in these corona times.
It’s been a long-held dream of Erdogan to create a national automobile industry capable of producing the country’s first indigenous car.
THE Range Rover is half a century old, so a special edition is on the way dubbed, what else, Range Rover Fifty.
Taking it for servicing and repairs.
The number of new electric vehicles (EVs) registered in Germany in the second quarter (Q2) increased by 26 percent year-on-year.