Despite COVID-19 crisis, electric vehicle sales break records, says chief analyst of Alpho Milosh Pham. In Germany, their sales almost doubled from H1 in 2019 to H1 in 2020. The falling sales of regular petrol-powered cars of at least 20% are also important.

The surge in demand for electric cars is accompanied by extremely bullish market sentiment reflected in the development of Tesla’s share prices. Deloitte estimates that by 2030, global sales"...

WASHINGTON: Elon Musk is hailed as an innovator and disruptor who went from knowing next to nothing about building cars to running the world’s most valuable automaker in the space of 16 years.
But his record shows he is more of a fast learner who forged alliances with firms that had technology Tesla lacked, hired some of their most talented people, and then powered through the boundaries that limited more risk-averse partners.
Now, Musk and his team are preparing to outline new steps in Tesla’s drive"...

TOKYO: Nissan says it has developed a new way to produce high-tech auto parts that highlights the Japanese automaker’s engineering finesse, even as it faces a criminal trial in the continuing scandal involving former Chairman Carlos Ghosn.

Nissan Motor Co. said it has achieved a “breakthrough” in molding carbon fiber reinforced plastic, or CFRP, components, now used in racing cars and jets because of their light weight and strength.

FRANKFURT (Reuters) - Daimler was set on Wednesday to launch the new model of its Mercedes-Benz S-Class luxury sedan, which it hopes will help return the German carmaker to profitability next year after the coronavirus pandemic slashed demand for high-end vehicles.

Daimler has launched a new S-Class every seven years for decades but this year’s launch of its most profitable model is particularly important for the company as it battles the"...

The E-Type Jaguar will turn 60 in 2021 and, in celebration of that fact, the company will be creating six matched pairs of the classic ride.

The vehicles will then go on sale to the public after their unveiling.

Each car is a reworking of one of the two oldest and most famous models, the 9600 HP and 77 RW, which were present when the car made its world debut in Geneva,"...

• This order marks the largest electric vehicle commitment for Mercedes-Benz Vans to date
• The electric vehicles from this order will begin making deliveries to customers in 2020, helping to save thousands of metric tons of carbon
• The Climate Pledge, co-founded by Amazon and Global Optimism, is a commitment to reach net zero carbon by 2040—ten years ahead of the Paris Agreement

Today, Amazon (NASDAQ: AMZN) announced it is adding more than 1,800 electric vehicles from Mercedes-Benz"...

Kia Motors Corporation, one of the world's largest automakers, has unveiled the Kia Sonet to the world in a digital presentation.

Manufactured at Kia's production facility at Anantapur, Andhra Pradesh, the Sonet is Kia's all-new smart urban compact SUV, and the brand's made-in-India global product after the Seltos. The new Sonet marks Kia Motors'"...

Trading Enterprises Honda, part of Al-Futtaim Automotive and the sole distributor for Honda in the UAE has launched its “Extraordinary prices” promotion offering big savings on a wide range of new vehicles at affordable prices.

Featuring some of Honda’s best-selling vehicles, Honda’s “Extraordinary Prices” offers additional benefits new buyers can profit from, such as a three-month payment holiday, free service, and free insurance. Lease and Personal Contract Purchase (PCP)"...

Mitsubishi Corporation (MC) has announced that its proposal for researching and developing new ways to use CO2 in the production of concrete has been selected for the New Energy and Industrial Technology Development Organisation of Japan (NEDO1) grant project that encompasses technological developments in the areas of carbon-recycling.

Carbon-recycling technologies make"...