In the first quarter, of 2024, Tesla experienced an 8.5 percent drop in global deliveries, totalling 386,810 vehicles. The decline can be attributed to heightened competition and a decrease in demand for electric vehicles in...

Toyota, the self styled world’s largest car manufacturer, experienced a setback in sales across crucial markets such as China and its home base of Japan. Globally, new car sales dipped by 7 percent during the...

Establishing any business is fraught with highs and many more lows. Henrik Fisker, a former and famed automotive designer, turned his attention to setting up his own automotive empire by establishing Fisker Automotive in 2007....

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...

Fisker Inc. faces significant challenges as it grapples with a staggering $463 million net loss in Q4, prompting concerns about its future viability. The company is planning to implement a 15% reduction in its workforce...