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...When suspending Cruise’s driverless permit, the California Department of Motor Vehicles said the company had misrepresented the details of the accident by failing to disclose in meetings the day after it...
...But battery EVs still matter for Toyota because those vehicles are still propelling sales growth in China, one of its key markets....
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...“We have to invest heavily in the future of plug-in hybrids,” said Mark Reuss, the president of General Motors. “We have to be agile....
...The group, which includes Daihatsu and Hino Motors, expects to sell 10.4mn vehicles in the current financial year, compared with 10.3mn vehicles in the previous year....
...Through new partners and manufacturing technology, Nissan has said it wants to bring down the cost of electric vehicles by 30 per cent by 2030....
...It also has an alliance with General Motors in fuel-cell vehicles and self-driving technology, but the two carmakers last year scrapped plans to jointly develop affordable EVs owing to differences over cost...
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...The announcement marks a significant blow for Cruise and comes days after the California Department of Motor Vehicles barred the company’s autonomous vehicles from the roads and branded them “not safe for...
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...Following months of delay, Nissan released a business plan on Monday addressing how a carmaker of its size — with relatively small annual sales of fewer than 4mn vehicles — would finance the costs of new...
...The alliance also includes smaller partner Mitsubishi Motors....
...the surrounding region,” Eagle Zhao, president director of BYD Motor Indonesia, said in a statement....
...“It is more of a survival game.” Senior executives from Volkswagen, General Motors and Hyundai will speak during the three day summit....
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...The share price of Tata Motors, the owner of the Jaguar Land Rover unit, has started reflecting that price-insensitive following....
...Total sales of “eco-friendly vehicles” for the year were 695,000, ahead of the 507,000 units sold in 2022....
...BYD’s sticker price of $11,000 for its lower-end electric vehicle models is hard to beat....
...A spokesperson for the transport department said a UK scheme that requires car and van makers to sell ever-higher numbers of electric models each year “provides certainty to the industry and consumers, supporting...
...The Department for Transport said the government had “extensively engaged with industry, including Stellantis, before launching the [zero emission vehicle] mandate to ensure it works for companies at different...
...Battery-powered vehicles are set to account for only about 4 per cent of India’s passenger vehicle sales this year, according to the research group....
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
...The US Treasury Department said when Congress wrote the IRA it categorised leased EVs as “commercial”, because the vehicle title technically belongs to either the dealership or finance company....
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