Lotus Technology, the electric-car unit owned by China’s Zhejiang Geely Holding Group, agreed to merge with a blank-check company in a transaction that values the combined entity at about $5.4…

The deal, which comes just three weeks after Britishvolt fell into administration, could help revive Britain’s ambitions of building a home-grown EV battery industry that can support domestic car production….

Nissan and Renault have unveiled the details of a major shake-up of their often strained 24-year-old alliance. The announcement comes after months of negotiations between the motor industry giants. In…

Battery startup Our Next Energy Inc. raised $300 million in its series B funding round, the company said Wednesday. The investments valued the Michigan company at $1.2 billion. The company intends to…

Mercedes-Benz plans to introduce a higher level of autonomous driving for its US customers by the second half of 2023, according to an announcement made on Thursday. The German automotive…

The 2022 result was the Japanese company’s third straight year as the world’s top-selling automaker. Toyota sold 10.5 million vehicles in 2022, it said, defending its title as the world’s…

Google could soon give Polestar owners an edge when they’re navigating around town. The search giant is debuting “HD” driving maps that will come first to the Polestar 3 SUV….

There has been more than 46,000 workers in U.S.-based tech companies having been laid off in mass job cuts so far in 2023. But what is the best approach to…

Honda will create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organisational structure. The shake-up is part…

AMD continues to find success with Japanese automotive manufacturers for deployment of its Xilinx Automotive (XA) Zynq UltraScale+ adaptive system-on-a-chip. After recently announcing a relationship with Aisin, the semiconductor giant…