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TRANSPORTATION Toyota Adds $500 Million To Joby Air Taxi Project Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American [...]

Japan: Nissan Motor Co., Ltd has issued the following news release: Nissan Motor Co., Ltd. announces today that it has completed the investment in Kasai Kogyo Co., Ltd. ('Kasai Kogyo') [...]

Bangkok: The Stock Exchange of Thailand has issued the following company announcement: On 14 August 2024, The Board of Directors' meeting No.6/2024 of The Brooker Group Public Company Limited (the [...]

TEL-AVIV: REE Automotive (NASDAQ: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, and Motherson Group (IN: MOTHERSON), an engineering and manufacturing specialist and a [...]

The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian. Volkswagen, the German car company, said this week that it would invest up to $5 billion [...]

The automaker paid $90 million for the ravaged Michigan Central Station in 2018, and will spend millions more to create a hub of businesses focused on transportation. When he was [...]

AMSTERDAM: ONE EQUITY PARTNERS has issued the following news release: Stellantis N.V., one of the world's largest automakers and mobility providers, and One Equity Partners ('OEP'), a middle market private [...]

NEW YORK: Mercedes Benz HPC North America, LLC has issued the following press release: Mercedes-Benz High-Power Charging announced today an agreement with Alpitronic America, Inc. (Alpitronic) ensuring that it will [...]

Byline: LAURA STONE, ADAM RADWANSKI Honda Motor Co.'s $15-billion investment in Ontario's electric-vehicle supply chain will extend into the Niagara region, through a partnership with Japan's Asahi Kasei to build [...]

TIANJIN, April 18, 2024 (Xinhua via COMTEX) -- In the face of China's rapid growth of electric mobility, Volkswagen Group is revving up its investment in the electrification shift in [...]

MECHANICSBURG: Summit Technology Group announces a series of data, AI, and cloud investments designed to help support their growing engineering and software businesses. STG welcomes Shailesh Rangani as Global Practice [...]

Ark Invest CEO Cathie Wood has been a significant bull on Tesla Inc (NASDAQ:TSLA), one of her top holdings in her ETFs. If Tesla's latest price target for 2027 comes [...]

ECONOMY Last Quarter's Growth Is Upgraded to 5.2% Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2 percent annual pace from [...]

Byline: By, Coreena Ford Three is the magic number for Nissan, with the motor manufacturer pledging its second and third new all-electric vehicles to be produced in the North East [...]

Byline: By, Daniel Moxon Alfa Romeo have brought significant car upgrades to the British Grand Prix which their drivers have warned will be make-or-break for their season. Red Bull have [...]

Warren Buffett-run Berkshire Hathaway maintained its core portfolio stocks largely unchanged in the third quarter, but divested several stocks including legacy automaker General Motors Corp. The company maintained its stake [...]

WASHINGTON: Industrious Labs has issued the following news release: Amid plummeting primary aluminum production in the U.S., the Department of Energy must invest in American-made clean aluminum to retain and [...]

FRANKFURT, June 30, 2023 (Xinhua via COMTEX) -- Mercedes-Benz is planning further investments in China, thus contributing to Sino-German cooperation, Ola Kaellenius, the German carmaker's chairman of the board of [...]

Byline: NIALL McGEE; Staff Lithium Americas Corp. has landed a US$650-million financing with General Motors Co. that moves the Canadian lithium company closer to breaking ground on a massive lithium [...]

NEW YORK: Pomerantz LLP has issued the following news release: Pomerantz LLP announces that a class action lawsuit has been filed against Tesla, Inc. ('Tesla' or the 'Company') (NASDAQ: TSLA) [...]

Byline: Vicky Parrott The Volkswagen ID.7 is one of those cars that's relevant to some rather disparate areas of the car market. When viewed from the more premium end -- [...]

VANCOUVER, BC: USA News Group has issued the following news release: USA News Group - An international scramble for lithium is fully underway, with some of the world's largest automakers [...]

NEW YORK: Pomerantz LLP has issued the following news release: Pomerantz LLP announces that a class action lawsuit has been filed against Tesla, Inc. ('Tesla' or the 'Company') (NASDAQ: TSLA) [...]

Petroleum company Saudi Aramco has signed a letter of intent with Renault ADR RNLSY and Geely Automobile Holdings Ltd.GELYY to become a potential minority stakeholder in a new powertrain technology [...]

Byline: SEAN SILCOFF; Staff Xanadu Quantum Technologies Inc. has raised US$100-million on the heels of a scientific breakthrough that vaulted the Toronto startup to the lead in the global race [...]

Amid a decline in electric vehicle stocks in the fourth quarter, billionaire investor George Soros' Soros Fund Management made changes to its EV portfolio. The firm held 332,046 shares of [...]

Indonesian President Joko Widodo or Jokowi is convinced that Tesla, Inc. TSLA is investing in a manufacturing facility in his country after providing incentives ranging from tax breaks to a [...]

Byline: CLYDE HUGHES General Motors announced Tuesday it will make a $650 million equity investment into Lithium Americas to develop the Thacker Pass mine in Nevada to produce material needed [...]

Apple Inc. AAPL, often considered an all-weather stock, has not been immune to the technology-induced pitfalls that have occurred this year. Apple shares hit an early-year high of $182.94 (an [...]

Byline: ANDREW WILLIS; Staff The folks who revolutionized the auto industry when they rolled out the Beetle are now shaking up the way they make cars, to Canada's benefit. On [...]

Byline: ADAM RADWANSKI; Staff Canada's ambitions of becoming an electric-vehicle powerhouse are being newly fuelled by interest from Tesla Inc. in locating a major manufacturing facility in Ontario. While rumours [...]

ALBUQUERQUE: Pajarito Powder has issued the following news release: Bekaert has made a Series-B investment into U.S.-based startup Pajarito Powder. The investment increases Bekaert's participation in the hydrogen industry and [...]

Germany: Daimler AG. has issued the following news release: Ground-breaking investment in Sustainable Aviation Fuel, opening a new phase of sustainability commitments for the team. Industry-leading approach to reducing our [...]

TAOYUAN: Chroma ATE Inc. has issued the following news release: The board of directors of Chroma ATE Inc. has approved the investment in Taiwan-based start-up Gaius Automotive as the first [...]

Mumbai: Ramesh Kumar Global financial broking firm has issued the following news release: Maruti Suzuki India has lined up Rs 5,000 crore capex for various initiatives, including new product launches, [...]

AMSTERDAM: STELLANTIS N.V has issued the following news release: Together with its partners, Stellantis supports Automotive Cells Company's (ACC) growth plans as it intends to transform Stellantis' existing Termoli plant [...]

Jardine Matheson is to transfer its Mercedes-Benz business in China to its car showroom affiliate in the country, Zhongsheng Group, in a US$1.3 billion cash-and-share deal that raises its stake [...]

Byline: Ben Woods A Birmingham couple's stake in their 65-year-old family business is expected to be valued at £16m after a stock market float, as they cash in on the [...]

NewHydrogen, Inc. (OTC:NEWH), a developer of a breakthrough green hydrogen generator that uses renewable energy to produce low-cost green hydrogen, today welcomed General Motors' announcement expanding its investment in green [...]

Mumbai: Ramesh Kumar Global financial broking firm has issued the following news release: Ultraviolette Automotive has raised a new round of capital in its Series C funding, led by TVS [...]

Nissan has sold its entire stake in Daimler for $1.4 billion, joining its partner Renault in generating funds for turnaround efforts. Nissan sold about 16.4 million shares at 69.85 euros [...]

Germany: Volkswagen AG has issued the following press release: Bentley becomes the first automotive company to be accredited by the Investors in People 'We invest in apprentices' programme Following a [...]

Byline: UPI STAFF Auto giant General Motors announced on Monday that it's bought a significant stake in a company that manufactures electric boat motors. The automaker said it's bought a [...]

Hong Kong: GUANGZHOU AUTOMOBILE GROUP CO., LTD. has issued the following announcement: Reference is made to the Non-competition Undertaking entered into by GAIG, the controlling shareholder of the Company, on [...]