car

Fisker

Fisker Trading Suspended as NYSE Takes Steps to Delist EV Firm

The New York Stock Exchange said it would immediately stop trading shares of EV startup Fisker and remove the business from its platform.

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Geneva Motor Show 2016

Nissan Aims to Boost Car Sales by 1 Million in Next 3 Years, Streamline EV Manufacturing Costs

Nissan set three-year objectives of 1 million more car sales and a 30% drop in EV production costs by 2030.

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Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals

Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals

Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).

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Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy

Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy

Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.

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China's Xiaomi, Tesla's New Rival, to Begin Deliveries of Its First EV Model This Month

China's Xiaomi, Tesla's New Rival, to Begin Deliveries of Its First EV Model This Month

Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.

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Stellantis Partners With Ayvens to Sell 500,000 Cars in Europe, Promoting Sustainable Transportation

Stellantis signed a multi-billion-euro framework arrangement with Ayvens to sell 500,000 automobiles in Europe over three years.

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joe biden

Biden Admin Proposes Easing Emissions Restrictions for Cars; Will This Hurt the EV Market?

The Biden administration may stall crucial pollution restrictions on cars, hurting EV development.

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US-TRANSPORT-IT-BUSINESS

Cruise Pedestrian Accident: Inquiry Says Poor Leadership, Cultural Flaws Plague Response Effort

Cultural flaws, incompetence, and poor leadership at Cruise caused regulatory difficulties and cover-up suspicions after an October 2023 pedestrian accident.

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 Tesla Update v7.0 Enables Self-driving Test In China

Elon Musk Reveals Plans for Cheaper Tesla EV in 2025 Amid Chinese Competition

Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year.

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Amnesty Pushes Fund Justice In CAR Donations

Donors to the Central African Republic were to meet in Brussels on Thursday to discuss aid for the strife-ridden and poverty-stricken nation. Rights groups have called for funding for its Special Criminal Court.

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GM Recycles Water Bottles for Its SUV Insulation Part

GM is using its recycled water bottles to build an insulation part for its Chevrolet Equinox engine. The effort is a part of the company’s initiative to achieve zero waste.

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Audi Custom-Made a 20-feet Limousine for an Unknown European Buyer

Audi has made a special extended version based on its A8 L model. The 20-foot long, six seat luxury limousine is made according to a special request from an unknown European buyer.

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Fiat Chrysler to Lay Off 1,300 Workers in Michigan, Investing More on Light Truck Productions

Fiat Chrysler is announcing a 1,300 job cuts as a result of the company’s decision to focus on producing light trucks and SUVs. American automakers are reportedly struggling to make money on other car models, such as sedan recently.

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A Singapore Startup is Preparing for The World’s First Fully Autonomous Taxis

The world’s first fully autonomous taxis might be hitting the streets of Singapore earlier than other cities. An MIT-supported startup is dedicated to develop a technology to achieve that, and is now seeking for approval for pilot program.

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French Government Offers a Site for Tesla to Build Its European Factory

French government offered an old nuclear plant site for Tesla to build its electric car manufacturing facility. The plant site is shutting down and Tesla’s existence could help support local residents with jobs.

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