Honda and Nissan are seeking to collaborate on electric vehicles to explore common parts and engage in joint procurement. This initiative comes as the Japanese carmakers endeavour to reduce costs and elbow their way to...

Toyota is gearing up for a significant expansion of next-generation electric vehicles as it prepares to scale up the production of next-generation electric vehicles in Japan for global distribution. The company is acquiring full ownership...

According to industry rumours, Last week, Nissan entered into advanced negotiations to invest in struggling start-up electric vehicle manufacturer Fisker. This potential deal could grant Nissan access to an electric pickup model while extending a...

Last week, troubled electric vehicle startup Fisker Inc. disclosed that it had received a non-compliance notice from the New York Stock Exchange (NYSE) due to its stock consistently closing below $1 for 30 consecutive trading...

Propelled by robust sales, Honda’s profit surged by more than a third in the latest quarter in North America. The strategic introduction of higher-margin products, including hybrids, was pivotal in bolstering the company’s strategic sales...

In January 2024, the Chinese automotive market recorded new car sales of 2.03 million units, according to industry data. This marks a 57.4% increase compared to the previous year, but a 13.9% decrease compared to...