Envision plans a big expansion of its 'gigafactory' in northern England. It also plans to spin off its unit that makes batteries for electric vehicles.
An office building, logistics park, plots of land and equity in financial companies are up for grabs
Chairman Hui Ka Yan said he wanted to sell one million EVs a year by 2025, a level Tesla is only expected to hit this year after 18 years of operation. But his firm has yet to reveal a single vehicle
It’s not just a shortage of chips that’s forcing companies to cut global production by 7.7 million units this year, new study finds
Local and UK boatbuilders commissioned to create first for Southeast Asian state
The Ola FutureFactory in Tamil Nadu, where the recently-launched Ola electric scooters are being made, will be the largest all-women plant in the world, CEO Bhavish Aggarwal says
New Delhi has come up with a new package of grants and cashback offers for its car-making industry in a bid to cut its high levels of pollution and meet emissions targets
The South Korean auto giant – which also includes Kia under its wing – says it will offer hydrogen fuel-cell versions of all its trucks, vans and buses by 2028
Li Shufu is a visionary billionaire who has risen from humble beginnings, after realising that what he needed most was the credibility of an established carmaker like Volvo; but how he won over backers is still a mystery
Beijing plans to create state-owned companies for emerging industries such as new energy and high-end computer chips
• Electric car makers Nio, Xpeng and BYD have expanded capacity in China • Covid, floods and semiconductor crisis blamed...
(AF) India’s second largest lead-acid automotive battery maker Amara Raja Group, said it will invest about $2.5 billion (Rs 181...