Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.

US President-elect Donald Trump has said that China, Canada and Mexico will face new tariffs to combat illegal drugs ...

EU and Chinese officials are in ongoing discussions regarding alternatives to European tariffs on Chinese EVs but no ...

Inokom’s vehicle manufacturing complex in Kulim, Malaysia. Hyundai Motor announced it plans to invest up to US$480m in ...

Thailand’s new vehicle market continued to deteriorate in October 2024, with sales plunging by 36% to 37,691 from already ...

Under the agreement, SK On will receive up to 15,000 tons of high-purity lithium hydroxide produced in South Korea by POSCO Pilbara Lithium Solution over the next three years, with an option to extend ...

The global automotive industry is undergoing a revolution toward zero-emission technology, reports GlobalData.

Nissan has convinced a US court to decertify ten class actions related to alleged defects in its automatic emergency braking ...

Robert Bosch is planning to reduce working hours and salaries for 10,000 employees due to a slump in automotive parts demand, ...

German carmaker Volkswagen CEO Thomas Schaefer said the automotive giant sees no alternative to layoffs and plant closures to ...

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Spanish vehicle producer Ebro-EV Motors and China’s Chery Automobile have celebrated the start of vehicle production at their ...