European automaker Opel has confirmed an “early 2020” timeline for starting the production of the all-electric version of the Corsa --- the ‘Corsa-e.’

US electric vehicle manufacturer Tesla has filed a patent application pertaining to a new power assist steering system for its vehicles.

British media outlet Autocar has reported that the series production of German automaker Volkswagen (VW)’s compact electric car in Polo size is not likely to be commenced before 2023.

In a recent announcement, Belgian bus maker Van Hool has said that it will hold the world premiere of two electric buses at the Busworld Europe event scheduled to be held in October 2019.

According to a media report from China, the FAW-Volkswagen joint venture apparently has plans underway to commence the production of the Audi e-tron electric car for the Chinese market from 2020.

Sector agnostic Buyout Fund, TIW Private Equity has picked up a majority stake in Bangalore headquartered, Credence Family Office. The deal is in process of regulatory approvals. Credence plans to use the proceeds to strengthen its advisory platform, increase geographical reach and improve on its operating platform.