The renaming took place exactly 136 years after Karl Benz submitted his patent for the world's first motor vehicle

Ather, which counts Tiger Global and Indian bikemaker Hero MotoCorp as investors, has raised about $160 million since its inception in 2013

Kia Niro ranks highest in mass market BEV segment for second consecutive year in JD Power's Electric Vehicle Experience Ownership Study

Audacious promises face major challenges, from technology to regulation, as Tesla and other auto tech firms have missed targets to deploy self-driving cars for years

Lotus, which is owned by China's Geely and Malaysia's Etika Automotive, has said it hopes to sell only fully-electric models by 2028

The company will assemble cars in the city of Iracemápolis in São Paulo state at a factory owned by Mercedes-Benz until August last year 

The project will produce green hydrogen by splitting water molecules with electricity from onshore wind farms and provide about half of total green hydrogen supply for fuel cell vehicles

They will increase the number of common platforms for EVs to five from four, and by 2030 plan to have a combined EV line-up of 35 vehicles

Boosting business in China, the world's biggest car market, is one area analysts want addressed by chief executive Carlos Tavares

Shares surge about 99% above its IPO price of 300,000 won shortly after market opens, as investors cheer upbeat outlook of global electric vehicle industry

The upbeat outlook came after the world's most valuable automaker posted record quarterly revenue that beat Wall Street expectations

The carmaker's biggest growth for the second consecutive year was in China, where sales rose 40% to 4,033 units, while Asia-Pacific sales rose 37%