news

Dana investing $44 million at two Ontario plants to supply EVs

Parts supplier Dana Inc. plans to invest about $44 million to expand two existing sites...

Tesla faces growing union pressure in Sweden as dockworkers expand strike

Tesla mechanics, who have been striking over demands for collective bargaining agreements, are being supported...

Geely reduces Volvo stake; will continue to support Swedish automaker

The sale follows complaints from analysts and investors over the company’s small free float, which...

17November 2023

Government pledges £8.3bn to repair UK roads

Potholes are one of the main targets for the fund Cash taken from now-scaled back...

Aston Martin F1 team gets investment from PE firm Arctos

The stake sale, terms of which were not disclosed, values the racing group at $1.24...

Hyundai will sell vehicles on Amazon in the U.S.

Hyundai CEO Jaehoon Chang said the partnership “unlocks incredible opportunities” for the automaker as it...

17November 2023

Smart #1

Early examples of Smart’s new dawn didn’t instantly impress. We try the EV hatchback on...

Lucid enters the crossover market with $80,000 Gravity

The Gravity is a key vehicle for Lucid, which has received industry acclaim for its...

Geely plans to sell $388M Volvo stake

The sale represents 3.4 percent of Volvo’s issued share capital and 4.1 percent of Geely’s...

17November 2023

Editor’s letter: Polestar shows how tough being a start-up can be

The new Polestar 4 electric SUV will arrive in the UK next year Volvo spin-off...

GM reorganizes BrightDrop EV unit, business head leaving

General Motors said on Thursday it was reorganizing its BrightDrop electric commercial vehicle unit to...

17November 2023

Lucid Air electric saloon set for UK sales in around 2025

Lucid Air – launched in 2021 – is one of the world’s longest-range electric cars...

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