According to data from the automotive industry, while increased consumer adoption of full-electric cars have grabbed headlines, sales of gasoline-electric hybrid have quietly achieved record sales in the United States in 2020. While US carmakers including Tesla Inc and Ford Motor… Read More ›
In a statement Aston Martin said, in 2021 sales to dealers have surged by 82%; despite this the British luxury automaker has forecast lower-than-expected annual adjusted core earnings due to fewer-than-planned shipments of its Valkyrie sports cars during the fourth quarter…. Read More ›
In a joint statement Amazon.com Inc and Stellantis NV said, they have agreed to collaborate to develop cars and trucks which will feature Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The development… Read More ›
As per a WSJ report late on Wednesday, AT&T Inc’s WarnerMedia and ViacomCBS Inc are exploring a potential sale of a significant stake or all of the CW Network, which they own jointly. The report citing sources close to the matter… Read More ›
In a statement General Motors Co said, its electric commercial vehicle business, BrightDrop, has signed a deal to supply EVs with Walmart Inc and has expanded its supply agreement with FedEx Corp. It did not announce the financial terms of the… Read More ›
Chinese foreign minister Wang Yi is set to visit Kenya following Nairobi relying on Chinese loans to develop infrastructure and is facing rising debts. Describing the visit as “historic”, the Kenyan foreign ministry said, talks between the two countries would… Read More ›
Japan’s Sony Group Corp is planning to venture into the industry of electric vehicles as it wants to leverage its strengths in the fields of entertainment and sensors. For this purpose, the company plans to launch a new company this… Read More ›
In a statement Hyundai Motor Co said, it envisions an interactive and partial virtual future in what it terms as “metamobility,” wherein a variety of robotic devices will be able to interact with humans to provide a broad range of mobility… Read More ›
This Spring, Sony is set to examine its options vis-à-vis the electric vehicle market as it looks to capitalize on its sensor and entertainment strengths to play a bigger role in next-generation mobility. Speaking ahead of the CES technology trade… Read More ›
According to sources familiar with the matter at hand, Allegiant Air is set to place an order for 50 Boeing 737 MAX jets worth $5 billion at list prices, as the air carrier seeks to ride on the boom of… Read More ›
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