The Volkswagen Group has increased its planned investments in an announced joint venture with electric vehicle manufacturer Rivian Automotive. The companies said in a joint press...
The American car rental company Hertz has reported significant losses in the past quarter, primarily due to a failed investment in electric vehicles. The net loss...
Kia kicks the power pedal even deeper in the coming years. It will invest €22 billion over the next five years, of which about €10 billion will...
Geely has significantly increased its stake in Aston Martin, raising its ownership from approximately 7% to 17%. Geely invested £234 million ($291 million) to acquire more...
Honda CEO Toshihiro Mibe said in a recent statement that internal combustion engine technology (ICE) is unlikely to disappear from the scene until at least 2040,...
General Motors said it was investing $918 million in four U.S. plants for V8 engine production and electric vehicle components. The largest U.S. automaker has a...
The world’s leading automaker Toyota Motor Corporation on Wednesday announced plans to invest up to 730 billion yen (approximately USD 5.6 billion) in Japan and the...
Tesla says it has invested $1.5 billion in the bitcoin cryptocurrency. The electric car manufacturer filed its annual 10-K report with the SEC yesterday morning and...