Ford sells shares for $188.2 mln in EV maker Rivian
Ford Motor Co (F.N) said in a filing on Friday that it sold 7 million shares of electric carmaker Rivian Automotive Inc (RIVN.O) for...
Mercedes-Benz issues ‘do not drive’ warning for 292,000 vehicles in US
Mercedes-Benz said on Thursday that it is recalling 292,000 ML, GL, and R-Class cars from the 2006 to 2012 model years due to brake...
Tesla holds entry plan to India after deadlock on tariffs
After failing to achieve reduced import duties, Tesla Inc has put plans to sell electric vehicles in India on hold, abandoned a search for...
Toyota launches first battery electric car
Toyota Motor Corp will begin rolling out its first mass-produced battery electric car in Japan on Thursday, a plan the carmaker claims would alleviate...
Mercedes-Benz’s demand rises significantly
Mercedes-Benz is nearly sold out of electric cars, owing to tight supply chains that make it difficult for the premium manufacturer to keep up...
Close fight with Tesla for e-car crown by 2025: Volkswagen CEO
Volkswagen has a difficult road ahead in meeting its self-imposed goal of being the world's top seller of electric vehicles by 2025, according to...
Nissan to invest over $700 million in Mexico
Nissan Motor Co (7201.T) said on Wednesday that it will invest more than $700 million in Mexico over the next three years to expand...
Porsche invests $400 mln in EV-startup Group14
Group14, an electric car battery company, announced on Wednesday that it had received $400 million from a consortium of investors led by Porsche (PSHG...
Audi, Porsche to join Formula One
Volkswagen's premium brands Audi and Porsche will join Formula One after persuading the German automaker that the move will generate more revenue than it...