Chinese electric vehicle manufacturer Xpeng unveils plans to enter the budget EV segment with the launch of a new brand. This strategic
Tesla has announced that it will raise prices for all Model Y cars in the United States by $1,000, effective April 1.
The National Highway Traffic Safety Administration (NHTSA) has announced a recall of 28,439 Hyundai vehicles in the United States due to concerns
U.S. prosecutors in Virginia are reportedly investigating whether Meta, the parent company of Facebook, facilitated and profited from the illegal sale of
The CEO of Mercedes-Benz, Ola Kallenius, saw a substantial increase in his remuneration last year, primarily driven by high bonus payouts, according
Ride-hailing giants Uber Technologies and Lyft have announced plans to halt operations in Minneapolis starting May 1, following the city council’s decision
India has unveiled a new policy to reduce import taxes on specific electric vehicles, provided that carmakers commit to substantial investments and
Volkswagen brand chief Thomas Schaefer announced that the company is planning to launch an entry-level electric vehicle by 2027. The company is
The Italian government is discussing with Chery Auto, a prominent Chinese automaker, as part of its ambitious plans to augment national car
On Wednesday, German sportswear titan Adidas announced its first annual loss in over three decades, attributing the downturn to challenges in the
