Automotive

Cyngn Secures $9.65 Million in Direct Offering to Fuel Autonomous Vehicle Technology Growth

Cyngn Inc. successfully raises $9.65 million in a registered direct offering to fund its autonomous vehicle technology development and working capital needs.

Europe’s First Commercial Robotaxi Service Launches in Croatia Through Uber, Pony.ai, and Verne Partnership

Uber, Pony.ai, and Verne launch Europe's first commercial robotaxi service in Zagreb, Croatia, marking a significant advancement in autonomous mobility.

Dow Plunges into Correction Amid Middle East Tensions and War Fears

Dow Jones Industrial Average enters correction territory as Middle East tensions and Iran war fears drive a broad market sell-off and surge in oil prices.

ASEAN Summit in May to Focus on Critical Issues Amidst Middle East Conflict

ASEAN Summit in May to proceed with a trimmed agenda focusing on key issues like fuel supplies, food prices, and migrant workers, amidst the Middle East conflict.

Huawei’s New AI Chip Gains Traction with ByteDance and Alibaba Amidst Nvidia Restrictions

Huawei's new Ascend 950PR AI chip is gaining significant orders from ByteDance and Alibaba, challenging Nvidia's market share amidst U.S. export restrictions.

Volvo Cars to Begin Deliveries of EX90 SUV After Extended Delays

Volvo Cars has announced that it will begin delivering its highly anticipated EX90 SUV to customers before the end of this month, following a...

Volkswagen Faces Workforce Tension Over Proposed Factory Closures Amid Cost-Cutting Drive

Volkswagen’s management is preparing for a tense meeting with its workforce as it outlines plans for significant cost-cutting measures, including potential factory closures in...

Tesla Aggressively Cuts EV Prices in China, Surpassing BYD’s Reductions Amid Rising Market Competition

Tesla slashes EV prices in China, outdoing BYD's Han sedan cuts, as it navigates the world's largest EV market amid intense competition.

EU-China Trade Tensions: The Impact on European Auto Stocks and the German Automaker Dilemma

In recent events, the stocks of German automakers had a noticeable impact on Europe's auto index. The underlying cause was the mounting concerns about...

Tata Motors: Pioneering the Global Electric Vehicle Revolution

Tata Motors, the foremost electric car manufacturer in India, is spearheading a drive to test its electric vehicles (EVs) in select global markets. The...

European Commission Probes Chinese EV Subsidies: A Game-Changer for Auto Industry?

On Wednesday, the European Commission launched a significant probe to determine whether there's a need to levy punitive tariffs on Chinese electric vehicle (EV)...

ABB’s Strategic Swedish Robotics Investment: A Reflection of Global Production Shifts

In a recent announcement, ABB, a leading Swiss engineering and technology group, revealed its decision to allocate a sum of $280 million to establish...

Shiyan: A Green and Innovative Hub in China’s Automotive Landscape

Shiyan, a city located in the northwestern part of Hubei Province in Central China, has played a pivotal role in the nation's industrial development....

China’s booming NEV market attracts global luxury carmakers

Luxury carmakers from around the world flocked to the China International Consumer Products Expo, held in Haikou, the capital of China's Hainan province, to...

FAW Toyota enters China’s electric car market with new bZ3 sedan

FAW Toyota, a joint venture between China's FAW Group and Japan's Toyota, launched its mid-sized electric sedan bZ3 on Sunday. The model is the...

A New Player in Town: GAC Aion Launches Hyper GT, its First Model Under the Hyper Marque

Chinese carmaker GAC Aion has launched presales for the Hyper GT, the first model under its new Hyper marque, in Shanghai ahead of the...

ISUZU China Launches New Website, Providing Customers with Easy Access to Its Range of Trucks and Services

Discover the new website of Qingling ISUZU Vehicles. Browse through ISUZU's range of vehicles and after-sales services, and customize your vehicle online.

The Kaola: Arcfox’s innovative electric vehicle catering to mother-infant mobility needs in China

On Sunday, the China Maternal and Child Health Association released a new standard for maternal and infant-friendly vehicles, filling a gap in current mobility...

ADI Collaborates with Chinese Manufacturers to Develop Automotive Chips

During the annual China EV 100 Forum in Beijing from March 31 to April 2, Analog Devices, Inc (ADI) pledged to maintain its commitment...

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