Momenta prepares $1bn Hong Kong IPO at $9bn valuation
Chinese autonomous-driving company Momenta is preparing for a Hong Kong initial public offering (IPO) that could raise about $1bn, The…
All articles by Kuldeep Jha
Kuldeep Jha
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Rivian cuts under 2% of workforce to rein in costs
Rivian is cutting fewer than 2% of its employees to bring costs under control as it works towards profitability. In…
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Tesla submitted self-produced FSD safety figures to European regulators – report
Tesla has submitted self-produced safety data to regulators in Sweden and the Netherlands as it sought European approval for its…
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Geely to streamline structure, prioritise Hong Kong-listed unit
China’s Zhejiang Geely Holding Group plans to simplify its corporate structure by shutting, merging or reorganising some entities, Bloomberg reported,…
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BMW joins forces with Mistral AI on crash simulation
BMW Group has partnered with French AI startup Mistral AI to expand the use of artificial intelligence (AI) in crash…
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Michelin weighs up to 1,500 voluntary job cuts in France
Michelin is considering reducing as many as 1,500 roles in France over the next three years through a voluntary scheme…
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Voltera and Revel to merge EV charging businesses
Voltera and Revel have agreed to merge their businesses to form an EV charging infrastructure platform aimed at autonomous vehicles,…
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Volvo Cars secures US nod to keep selling connected vehicles
Geely-owned Volvo Cars has received a specific authorisation in the US under the ICTS Connected Vehicles Rule, allowing it to…
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Mahle reports lower 2025 profit and sales amid currency and divestment effects
German automotive parts supplier Mahle has reported consolidated net profit of €20m ($23.5m) for 2025, down 9.1% from €22m a…
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Asahi Kasei postpones Canada battery plant as Honda defers EV plans
Asahi Kasei will push back the start-up of its Canada battery materials plant to 2029 or later after Honda Motor…