Xiaomi has officially launched its first electric vehicle (EV) research and development (R&D) and design centre outside China, located in Munich, Germany. The facility marks a major milestone in Xiaomi EV’s global expansion strategy and...

Berkshire Hathaway has fully exited its 17-year investment in BYD, ending a stake that surged 3,890% since its 2008 entry. Buffett and Munger initially invested $230 million, buying 225 million shares at HKD 8 (USD...

Tsutomu Matano, the visionary designer behind the original Mazda MX-5 Miata (NA) and a key influence on the third-generation RX-7, has passed away at the age of 77. Born in Nagasaki in 1947, Matano studied...

Tesla will increase output at its factory near Berlin after revising production plans upward for the third and fourth quarters, according to a Tesla spokesperson. Thierig cited “very good sales figures” and said the company...

The death of the all-electric Ram 1500 pickup is not merely a business decision—it is a symptom of a nation retreating from the hard choices required to confront the climate crisis. Sterile Corporate Monolith Stellantis...

Volvo Cars has turned once again to former chief executive Hakan Samuelsson as it faces one of the most challenging chapters in its modern history. The 74-year-old Swede, who retired after nearly a decade at...