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How a sustainability index can keep Exxon but drop Tesla

Tom Lyon, University of Michigan A major stock index that tracks sustainable investments dropped electric vehicle-maker Tesla from its list in May 2022 – but...

Chinese self-driving startup WeRide secures strategic investment from Bosch

WeRide and Bosch have signed a strategic partnership agreement to jointly work on smart driving software development. Chinese self-driving startup WeRide announced today that it...

BMW, Toyota Back on Top as America’s Most-Shopped Vehicle Brands

High gas prices lead more shoppers to consider traditional sedans and hybrids in the first quarter of 2022, likely benefiting Toyota.BMW and Mercedes stand...

Average Age of Vehicles in the US Increases to 12.2 years

The average age of light vehicles in the US reached an all-time high in 2022 as the vehicle fleet climbed to 283M passenger cars...

Hyundai to invest more than USD 10 billion in US by 2025

Hyundai Motor Group (HMG) reaffirmed today its commitment to expanding investment in the U.S. to further its goal to provide sustainable and smart mobility...

Mercedes-Benz Sets out Long-term Ambitions as the World’s Most Valuable Luxury Car Brand

Mercedes-Benz (stock exchange code: MBG) today hosted a strategy update on the Côte d’Azur. This ‘Economics of Desire’ event outlined the future of Mercedes-Benz...

Lucid Announced New Details for First Overseas Manufacturing Facility with Partners in Saudi Arabia

Lucid Group, Inc. (NASDAQ: LCID), hosted a ceremonial signing event to mark the February 2022 agreements with the Ministry of Investment of Saudi Arabia...

China mulls extending EV subsidies due to expire at year-end, report says

China is in talks with automakers to extend EV subsidies that were set to expire in 2022, aiming to maintain growth in a key...

NIO’s inflation: A rare glimpse into EV maker’s internal management

Many readers are already familiar with NIO's business progress, but how is the company managing internally? This article offers a rare glimpse. NIO (NYSE: NIO,...

Brands matter! Why trusting an existing brand can lure you into buying a driverless car

Riza Casidy, Macquarie University Tesla’s founder Elon Musk said back in 2013: "Self-driving cars are the natural extension of active safety and obviously something we think...

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