Technology News

There are millions of cars running across the world at any given moment. Therefore, ensuring that every driver follows the rules can be tough for lawmakers.

The consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.

Ever since cars became popular, manufacturers have been trying to incorporate new features. But sometimes some features just don't cut it with the customers and have to be discontinued.

Instead of cars, Tesla is doubling down on the development of the Tesla Bot in 2022

LG Energy Solutions is controlled by LG Chem, a wholly-owned subsidiary of the LG electronics conglomerate

The Cybertruck was originally slated to start at a base price of $39,900 but Musk now believes he cant achieve that price because of rising costs

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.

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.