Automotive

Rivian Shares Fall 6% as CFO Claire McDonough Departs for GE Vernova

Rivian stock dropped about 6% on Thursday after CFO Claire McDonough announced she would step down to join GE Vernova during the automaker's affordable-EV

Sony Music, Warner Sue Anthropic Over Alleged Copyright Theft

Sony Music and Warner have sued Anthropic, alleging "blatant theft" of copyrighted lyrics used to train its Claude AI models as the firm eyes an IPO.

CIA Chief Ratcliffe Made Secret Moscow Trip to Warn Russia Off NATO

CIA director John Ratcliffe reportedly traveled to Moscow to warn Russia against attacking NATO states, US media said Thursday. The Kremlin dismissed the r

Qantas Shares Jump 4% on New Business Seats as Profit Hits Four-Year Low

Qantas shares rose 4% after unveiling new business-class seats, even as full-year profit fell to a four-year low on higher fuel costs.

Iran’s IRGC Strikes US Bases in Jordan After Larak Island Bombing

Iran's IRGC attacked US bases in Jordan on Monday after US forces struck two rocket launchers on Larak Island, sending oil prices up over 1%.

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...

JD.com Partners with Top Tire Brands to Expand Market Share in Post-COVID Era

China's leading e-commerce giant, JD, has launched a campaign to expand its market share in the tire market, which is expected to witness growth...

Changan’s Latest Yida Sedan Features Baidu’s Ernie Bot, Setting New Standards in the Chinese Auto Industry

Changan, a Chinese carmaker, has unveiled its latest creation - the Yida sedan, and it's turning heads for being the first mass-produced vehicle in...

China Takes the Lead in Global Autonomous Vehicle Race with Approval of Driverless Rides

On Friday, Beijing gave the green light for autonomous driving services to operate without in-car safety supervisors for the first time. This marks a...

SAIC Motor’s subsidiary Anji leads Chinese auto exports, shipping 600,000 vehicles globally

Anji, a logistics subsidiary of SAIC Motor, recently dispatched its Ro-Ro cargo vessel, Phoenix, loaded with around 1,000 MG vehicles, from Ningde, a city...

BMW leads industry transformation with aggressive electrification plan

German automaker BMW is pushing forward with an ambitious electrification plan to lead the industry transformation, despite the challenging international market environment in 2022....

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...

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