Electric vehicles (EVs) are poised to outsell traditional internal combustion engine vehicles in China next year, marking a transformative moment in the global automotive industry. Market projections indicate Chinese EV
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In a significant shift towards pragmatic UK-China relations, former Conservative Chancellor Philip Hammond has advocated for Chinese electric vehicle manufacturing on British soil. The endorsement comes as current Chancellor Rachel
Japanese automotive giants Honda and Nissan are in advanced discussions regarding a potential manufacturing partnership that could see Honda return to British soil, utilising Nissan’s Sunderland facility. This strategic alliance
Italian luxury carmaker Lamborghini has announced a delay in launching its first all-electric model until 2029, citing the luxury automotive sector’s unreadiness for full electrification. The VW-owned manufacturer, celebrating its
Nissan and Honda have initiated exploratory discussions regarding a potential merger that would establish a £52 billion Japanese automotive powerhouse, according to sources close to the negotiations. The proposed combination
Chinese robotaxi pioneer Pony.ai has unveiled ambitious plans to quadruple its autonomous vehicle fleet by 2025, whilst forecasting significant cost reductions and expanded operational zones across China’s premier cities. The
The United Kingdom’s government is preparing to modify its electric vehicle (EV) regulations as sales struggle to meet expectations. Business Secretary Jonathan Reynolds is launching a swift consultation next week
American automotive giant General Motors has announced a substantial $5 billion charge against its Chinese operations, highlighting the mounting challenges Western car manufacturers face in the world’s second-largest economy. The
In a significant blow to technology investors, Scottish Mortgage Investment Trust has suffered an apparent £315 million loss following the collapse of Swedish car battery manufacturer Northvolt. The devastating development
The future of urban air mobility is rapidly approaching, with California-based Joby Aviation emerging as the frontrunner in the race to bring electric vertical take-off and landing (eVTOL) vehicles to
Ford Motor Company has announced plans to cut 800 jobs across its UK operations, representing 15 per cent of its remaining 5,100-strong British workforce. The move comes merely 18 months
Swedish battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the United States, marking a significant setback for European ambitions to challenge Asian dominance in the electric vehicle
The British government appears poised to reject appeals from electric vehicle manufacturers seeking relief from hefty fines linked to missed sales targets through 2026. This stance comes amid warnings from
The UK government is poised to modify regulations governing the electric vehicle (EV) market amid mounting pressure from manufacturers claiming current sales quotas are pushing the industry towards a breaking
Swedish battery manufacturer Northvolt stands at a critical juncture as the company contemplates filing for Chapter 11 protection or potentially entering bankruptcy proceedings. Sources close to the negotiations indicate the
German automotive giant BMW has witnessed a staggering 79.4 per cent decline in third-quarter profits, primarily driven by challenges in its braking systems and a significant downturn in Chinese consumer
