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Porsche to provide funds to electric supercar maker ‘Rimac’
Volkswagen unit Porsche is participating in a financing round of Rimac Automobili, which will fund the electric supercar maker to…
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Maruti Suzuki exports 2 million cars from Indian companies to foreign markets
Maruti Suzuki on, February 27, said that in the past 34 years they have exported over 2 million cars from…
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China’s Huawei, reeling from U.S. sanctions, plans foray into EVs
China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, sources said,…
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Tesla halts production of Model 3 in Fremont plant
Tesla – electric car marker has reportedly told his employees that it would be temporarily halt the production at California…
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Volvo and Geely drop merger, says, isn’t always positive
Volvo Cars and Geely Automobile Holdings Ltd., China has decided to drop its merger plans and work as separate entities.…
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Fisker teams up with Apple supplier Foxconn for EVs, aims at Indian market
Electric-car maker Fisker Inc has announced that will team up with Apple Inc supplier Foxconn to manufacture over 250,000 vehicles…
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Osamu Suzuki, chairman of Suzuki Motors, to retire in June: Report
Suzuki Motors has announced that their chairman, 91-year-old Osamu Suzuki is retiring in June. The company in a statement said,…
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Ford to launch all electric vehicles in Europe by 2030
Ford Motor Co. has announced that all its car launches in Europe will be electric by 2030. The US automobile…
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Jaguar Land Rover to cut as many as 2,000 jobs across the world due to COVID-19
Jaguar Land Rover on Wednesday announced 2,000 job cuts across the globe from its salaried workers. This comes soon after…
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Honda to appoint current chief of R&D as next CEO
Honda Motors Co Ltd is planning to appoint their current R&D chief Toshihiro Mibe as their next CEO according to…
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Hyundai India’s No. 1 priority is low cost electric vehicle
Hyundai managing Director S.S. Kim said that creating a low-cost electric vehicle is the company’s “No. 1 priority” for the future.…
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Marc Llistosella named the new CEO & Managing Director of Tata Motors
Marc Llistosella is all set to join as the new CEO and Managing Director of Tata Motors from July 01,…