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%.

Traditional Premium Brands Lose Steam in China’s Electric Vehicle Market as Chinese Startups Soar

Once a popular choice for those seeking to stand out in the crowded urban streets of China, niche premium brands like Lexus and Infiniti...

SAIC Audi Q6: A Flagship Roadjet Poised to Satisfy Drivers’ Cravings for Performance and Poetry

Amidst the hustle and bustle of city life, there exist individuals who yearn for more than just the monotonous routine of commuting back and...

Geely’s premium electric brand Zeekr’s MPV chosen as official vehicle of 19th Asian Games

Geely's premium electric brand, Zeekr, has announced that its MPV, the Zeekr 009, will serve as the official vehicle of the 19th Asian Games...

Leapmotor Launches C11 SUV with Range Extender Technology to Reduce Fuel Consumption

Chinese electric vehicle (EV) startup Leapmotor has announced the start of pre-sales for its first range-extending SUV C11. The model, priced between 159,800 yuan...

China’s Charging Infrastructure Sees Nearly 100% YoY Growth, Totaling 5.2 Million Units

China's charging infrastructure has experienced tremendous growth in 2022, with a near 100 percent year-on-year increase, bringing the total number of charging units to...

Changan Launches Presales of Yida Sedan to Compete in China’s Compact Car Market

Chinese automaker Changan has announced the presales of its latest sedan, Yida, in a bid to increase its share of the highly competitive compact...

Chinese Scientists Unveil EV Powered by Sodium-Ion Battery

Chinese scientists have made a significant breakthrough in the commercialization of an emerging technology in the electric vehicle (EV) market. They unveiled an electric...

Chery’s Marque Exeed Launches Flagship SUV Yaoguang to Expand in China’s Premium Market

Exeed, Chery's marque, has launched its flagship SUV, Yaoguang, with the aim of expanding its footprint in China's highly competitive premium vehicle market. According...

Geely Auto Launches High-End Galaxy Series to Compete in Fierce NEV Market

On Thursday, Chinese automaker Geely Auto announced the launch of a new high-end electrified product series in a bid to maintain its competitiveness in...

China Nears Completion of First Domestically-Built Large Cruise Ship

China's first domestically-built large cruise ship is nearing completion, with over 91 percent of construction finished, according to the administration bureau of the bonded...

China’s NEV charging infrastructure facilities nearly double in number in 2022

China has been leading the way in the electric vehicle (EV) revolution, with the country's commitment to boosting the new energy vehicle (NEV) industry...

China’s Sany Heavy Industry moves closer to Frankfurt listing

China's leading engineering machinery company, Sany Heavy Industry, is moving forward with its plans to list on the Frankfurt Stock Exchange. This could be...

RoboSense to supply lidars to FAW-Toyota

RoboSense, the leading Chinese Lidar developer, has made a big splash in the automotive industry with its recent win of orders from Toyota Motor...

Gotion to build EV batteries in Europe with Slovakia’s InoBat

Chinese battery maker, Gotion High Tech Co., is set to revolutionize the European electric vehicle market with its new joint venture with Slovakian peer,...

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