Auto Sector

Hyundai to invest nearly $9 billion to strengthen foothold in US EV market

Hyundai to invest nearly $9 billion to strengthen foothold in US EV market

South Korean automotive manufacturer Hyundai Motor Company has announced plans to invest nearly $9 billion to strengthen its position in the EV market, particularly in the United States.

Audi scores major legal victory in case against NIO over ES6 and ES8 naming

Audi scores major legal victory in case against NIO over ES6 and ES8 naming

Bavaria-based luxury car maker Audi scored a major legal victory as it won a significant copyright case against Chinese EV maker NIO Incorporated.

NIO unveils all-new version of ES8 SUV – the fully-electric ES8 NT2

NIO unveils all-new version of ES8 SUV – the fully-electric ES8 NT2

Chinese electric automobile manufacturer NIO has just unveiled an all-new version of its ES8 smart electric SUV’s flagship model, called the ES8 NT2.

Germany’s plug-in car sales jump 25% in October 2022, market share grows to 32.5%

Germany’s plug-in car sales jump 25% in October 2022, market share grows to 32.5%

New passenger electric car registrations in Germany slightly outpaced the general market and expanded their market share in October 2022, newly published stats revealed.

All-electric Fiat 500e to enter U.S. market in first quarter of 2024

All-electric Fiat 500e to enter U.S. market in first quarter of 2024

Italian automobile manufacturer Fiat Automobiles has announced that the 500e battery electric car will enter the US market in the first quarter (Q1) of 2024.

BMW starts series production of all-electric iX1 crossover SUV in Germany

BMW starts series production of all-electric iX1 crossover SUV in Germany

Munich, Bavaria-headquartered luxury vehicle manufacturer BMW AG has officially confirmed that it has started series production of the iX1 electric crossover SUV in Regensburg, with plans to start

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