According to a top executive at Honda Motor Co, the company plans on building millions of electric vehicles (EV) by 2030 using three new dedicated platforms, with one of them being jointly developed with U.S. partner General Motors Co. “Honda… Read More ›
In a significant development, Israel and Bahrain signed a security cooperation agreement marking the first such agreement between Tel Aviv and a Gulf nation. The security cooperation agreement was signed during a visit by the Israeli defence minister to the… Read More ›
On Thursday, in a statement Turkish President Tayyip Erdogan said, Ankara is considering stepping up joint defence industry collaborations with Russia in areas including engines for fighter jets and submarines. The development comes in the wake of a meeting with… Read More ›
In a statement electric air taxi startup Joby Aviation, Signature Flight Support and JetBlue Airways Corp said, they are partnering to develop aviation carbon credits for using electric and hydrogen propulsion technologies. The move, aligned with the U.S. aviation industry’s… Read More ›
In a statement, the union of JetBlue Airways Corp stated, it has rejected a tentative agreement that would have given the airline contractual relief to implement its planned partnership with American Airlines Group Inc. In July, budget carrier JetBlue and… Read More ›
On Monday, in a news bulletin Bloomberg News stated citing anonymous sources, Nissan Motor is looking to divest some or all of its 34% stake in Mitsubishi Motors. The move is likely to reshape Nissan Motor’s three-way alliance which includes… Read More ›
The partnership is a win-win situation for both companies. Partnering with Paytm will help Citi expand its financial product base given Paytm’s market dominance in India’s digital payment services market. In a strategic move, India’s biggest digital payments firm Paytm… Read More ›
With the entry of Europe’s largest carmaker in the United States, the electric vehicle segment in the country is set to heat up. In a strategic development, Scott Keogh, the newly appointed CEO of Volkswagen Group of America stated, Volkswagen… Read More ›
JLR’s new technical engineering office in Hungary will close collaboration of Hungarian engineers with their British peers; the new office is also aimed at aligning JLR’s supply chain across central central and eastern Europe. On Friday, Britain’s biggest carmaker, Jaguar… Read More ›
As a result of this collaboration, the prices of their offerings could drop by as much as 1/5 of Nissan’s leaf price tag. As per Japanese business daily, the Nikkei has reported that Renault, Mitsubishi Motors Corp and Nissan Motor… Read More ›
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