Automotive
Ford Beats Q2 Revenue Expectations and Reinstates Full-Year Guidance Despite Tariff Challenges
Ford Motor reported second-quarter revenue that exceeded expectations and reinstated its full-year guidance, despite ongoing challenges from tariffs imposed by the U.S. government. The automaker had suspended its guidance...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Audi’s transition to electric vehicles: CEO discusses plans for the future
Audi is currently in a state of transition as it aims to establish a strong presence in the electric vehicle market, just as it...
Chinese automakers make significant inroads into European EV market
China's dominance in the new energy vehicle (NEV) sector is on the rise, with Chinese and foreign carmakers exporting 170,000 electric vehicles and plug-in...
Chinese Scientists develops self-learning technology for autonomous vehicles
A research team from Tsinghua University has developed a breakthrough technology in autonomous driving that allows vehicles to self-learn while driving in unfamiliar situations....
BMW’s Global Sales of Battery-Electric Vehicles More Than Double Due to Strong Growth in China
In a major development, BMW announced on Wednesday that it has more than doubled its global sales of battery-electric vehicles (BEVs) year-on-year in the...
China’s Ministry of Natural Resources Releases Guideline for Intelligent-Vehicle Basic Maps
China's Ministry of Natural Resources has taken another significant step towards realizing the country's ambitious goals of developing intelligent-vehicle technology. The Ministry recently released...
JAC reports 41.57% YoY increase in February sales, with 15,700 vehicles exported
Anhui Jianghuai Automobile Group Co Ltd (JAC), one of the leading Chinese automakers, has reported a significant increase in sales for the month of...
U Power Teams Up with fblife.com to Create Customized Vehicles and Experiences
A Chinese startup named U Power made a groundbreaking announcement on Tuesday, unveiling the country's first-ever skateboard chassis-by-wire that is ready for mass production....
Aion’s Y Younger: The Newest and Most Affordable Addition to the Popular Y Family
Aion, the popular Chinese electric carmaker, has unveiled its latest and most affordable addition to the Y family, the Y Younger. Sporting a sleek...
Chinese EV makers expand their global reach, targeting new markets
Chinese electric vehicle (EV) makers are increasing their global presence as more countries shift towards electrification. One such country is Jordan, where hundreds of...
Great Wall Motors’ Electric Brand Ora Introduces Upgraded Good Cat Model with Extended Range
Ora, the electric brand of Great Wall Motors, has recently unveiled the 2023 version of its retro-inspired Good Cat model, which boasts an array...
Nio aims to double 2023 sales figures, hopes to be profitable by Q4
China's leading electric carmaker Nio is anticipating a significant increase in sales for 2023, with expectations of doubling figures from the previous year. This...
Tesla Engineers Reveal Plans to Cut Assembly Costs in Half for Future Vehicles
Tesla is looking to drastically reduce assembly costs for its next-generation vehicles, according to engineers who spoke at the company's recent investor meeting. Lars...
GAC Honda Unveils Integra Hatchback in China: A New Model for the Younger Generation
GAC Honda, the joint venture between Honda Motor Company and China's Guangzhou Automobile Group, recently launched its new offering, the Integra Hatchback, in Guangzhou,...
Experts Predict China’s NEV Market to Sustain Rapid Growth Amid Rising Demand and New Models
China's new energy vehicle (NEV) market is poised for continued growth, despite a lackluster start to the year. Experts and industry executives predict that...
