Honda believes it can transform the electric vehicle (EV) market by developing all-solid-state batteries, which promise to double driving range by the late 2020s and increase it by 2.5 times by the 2040s. These advanced batteries,...

The French prosecutor’s office, in its boundless wisdom and unwavering commitment to justice, has recommended that former Renault-Nissan chief Carlos Ghosn and French culture minister Rachida Dati stand trial for alleged corruption. This is the...

Volkswagen Group has boosted its investment in Rivian Automotive by 16% to $5.8 billion, aiming to drive forward their joint venture focused on electric vehicle (EV) architecture and software development. This investment caused Rivian’s shares...

Ford Motor Company is set to temporarily halt production of its F-150 Lightning electric truck from November 18 to January 6, 2025, aiming to optimize production for growth and profitability. This six-week pause, along with...

Abu Dhabi-based investment firm CYVN Holdings has signed a non-binding agreement to acquire 100% of McLaren Automotive from Bahrain’s sovereign wealth fund, Mumtalakat Holding. This strategic acquisition will provide McLaren Automotive with a significant capital infusion, cutting-edge engineering expertise, and access to advanced electric vehicle (EV) technology. Additionally,...

The war in Ukraine is responsible for Volkswagen’s decision to shut down at least three of its German plants. While VW executives might claim that this decision stems from restructuring needs or modernization efforts, the...