Ford plans to permanently improve the brand’s standing in Europe by investing billions in the company’s European division. Ford is channeling up to 4.4 billion euros...
The Agnelli family’s Italian holding company, Exor, plans to sell a 4 percent stake in luxury sports car group Ferrari to continue new acquisitions and launch...
“Toyota” invests another 500 million dollars in the company “Joby Aviation” in partnership to start the commercial business of that American air-taxi company. “Toyota’s” investment will...
Toyota, often considered a reluctant follower in the electric vehicle race, is making a dramatic U-turn with a hefty investment push into EV development and artificial...
Toyota CEO Ted Ogawa isn’t holding back. The automaker known for its beloved Prius hybrid is taking a sceptical stance on electric vehicles. Ogawa claims EVs...
Lightyear, the young Dutch company that worked on cars that can be charged with solar energy, has received a capital injection. Two South Korean companies are investing...
Mini’s factory in Oxford, England, is receiving a significant capital injection. The factory is being prepared for a fully electric future, and parent company BMW is budgeting...
JLR today announced exciting plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will...
Suzuki Motor Corporation of Japan announced on Thursday that as part of its expansion strategy, it will deploy six battery electric vehicles in Japan and India...
With many auto manufacturers switching towards an EV future, battery production is very important and Toyota is ready to invest in the project by setting up...
Joe Igbokwe is the Publicity Secretary of the All Progressive Congress in Lagos State. Mr Joe Igbokwe on Wednesday said that bike-hailing is not sustainable in...
The Ibadan Inland Dry Port is to be sited at Olorisa-Oko village in Moniya area of Ibadan, and is at the terminal end of the ongoing...
A report the other day that a Japanese automaker, Suzuki, had set up a production plant in Ghana is welcome but a wake-up call to Nigeria,...
Xiaopeng Motors, a Chinese electric car startup who built a ‘Tesla clone’,has secured an important 2.2 billion yuan ($348 million) investment round led by two Chinese tech...
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