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The Ola Futurefoundry will be based in Coventry, in the UK, and the company will invest $100 million over the next 5 years.
Ola Electric Announces Global Engineering & Vehicle Design Centre In The UK
Calender
Jan 27, 2022 10:04 PM
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The Ola Futurefoundry will be based in Coventry, in the UK, and the company will invest $100 million over the next 5 years.
SAIC Sets Up Automotive Chip Fund With Shanghai Research Institute
SAIC Sets Up Automotive Chip Fund With Shanghai Research Institute
calender
Jan 27, 2022 10:01 PM
SAIC Motor Corp said on its official WeChat account that the fund will also look to invest in automotive electronics start-ups and will later be opened to external funds.
EV Maker Link To Invest $265 Million In Mexican Plant
EV Maker Link To Invest $265 Million In Mexican Plant
calender
Jan 27, 2022 09:17 PM
Link EV Electric Vehicles plans to build an assembly plant in the central Mexican state of Puebla with an investment of around $265 million.
Car and Bike Themed Restaurants in India
Car and Bike Themed Restaurants in India
calender
Jan 27, 2022 08:58 PM
If you are a keen lover of cars and bikes along with food, you will surely like these restaurants that give you the best mix of all your favourites.
F1 Car Price | What Is The Cost Of Formula 1 Cars?
F1 Car Price | What Is The Cost Of Formula 1 Cars?
calender
Jan 27, 2022 08:35 PM
How high can the price of F1 cars go? They are the fastest known cars to humankind. In this article, we'll look at the prices of these cars and their parts.
Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
calender
Jan 27, 2022 07:47 PM
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
Stellantis To Raise Stake In China JV With GAC To 75%
Stellantis To Raise Stake In China JV With GAC To 75%
calender
Jan 27, 2022 07:33 PM
The deal remains subject to approval by the Chinese government, but Stellantis, plans to increase its stake to 75% as part of its efforts to tackle one of the weak spots in its business.
Tesla Forecasts 2022 Growth Above 50%, Despite Supply Chain Challenges
Tesla Forecasts 2022 Growth Above 50%, Despite Supply Chain Challenges
calender
Jan 27, 2022 07:17 PM
Tesla Inc on Wednesday forecast vehicle deliveries would comfortably grow by more than 50% year-over-year in 2022 despite persistent supply chain issues that it expects to be alleviated only next year. The upbeat outlook from CEO Elon Musk came after the world's most valuable automaker posted record quarterly revenue that beat Wall Street expectations.
Toyota's Thai Unit Sees Its 2022 Car Sales Up 18.5%
Toyota's Thai Unit Sees Its 2022 Car Sales Up 18.5%
calender
Jan 27, 2022 06:38 PM
Toyota, which commands about a third of the Thai vehicle market, recorded sales of 239,723 in the country.