LG Chem has denied media reports of having signed such a deal and has declined to comment on such rumours. South Korean battery maker LG Chem Ltd has denied media reports of having signed a $6.20 billion (7 trillion won)… Read More ›
green cars
The gasoline industry is all set to be transformed
Asian economies and electric carmakers are going to be key players in this unfolding scenario. Oil and auto executives have disclosed, with India and China shifting their focus from gas-guzzling gasoline engine powered cars to electric vehicles, demand for gasoline… Read More ›
Faurecia and ZF collaborate to create the ‘cockpit of the future’ for self-driving cars
This has the potential to be a game changer for the upcoming self-driving market. In what could potentially be a significant moment for the future of smart cars for the near future, Faurecia, a France-based car parts supplier, has signed… Read More ›
As first quarter results for 2017 roll in, Tesla reports doubling of Profits
Although Musk’s bold moves have taken investor’s fancy, sceptics and investors alike are holding their breath as to whether Musk will be able to deliver his promise on the Model 3. Tesla Inc has reported a doubling of its profits… Read More ›
Toyota and Suzuki partnership could be a win-win deal for both carmakers
The partnership could provide both Toyota and Suzuki greater market penetration as well as export opportunities. In what is likely to be a significant moment in Japanese automotive history, Toyota Motor Corp and Suzuki Motor Corp have agreed to begin… Read More ›
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