Foxtron Vehicle Technologies' stock slumped 9% at the opening with bosses admitting they don’t expect to turn a profit for at least three years
The South Korean manufacturer, along with its parent Hyundai, said they weren’t seeing a slowdown in demand
The automaker set up its first digital showroom in 2018 and an upgrade was unveiled at the recent Los Angeles Auto Show
A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7 and the SU7 Max
The automaker said it expects the car to touch an electronically limited top speed of 260.7 kmph but did not reveal an estimate on the range offered
All other members back US push for economies to boost opportunities for disadvantaged groups and incorporate clean energy and carbon-emission reduction goals in their trade policies
China seems poised to the end the year on a high too, with the final two months of the year seen as seasonally high for vehicle sales
Elon Musk has reportedly demanded the concession in return for building a new production plant in a car market dominated by low-cost vehicles
US lithium miner will meet investors in Allkem Australian in coming days ahead of vote on $10.6-billion merger next month
The two automaker groups joined the startup’s latest $33 million funding round as it works to develop permanent magnets built without rare earths
The auto firm’s joint venture with China's state-owned FAW Group is to reduce production by another three months
A basket of prices for the key electric vehicle battery metal has dropped by more than 60% this year