Nissan to cut European office jobs under global restructuring plan
Nissan will cut jobs at its European regional office in Montigny, France, under CEO Ivan Espinosa’s global restructuring plan. According…
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Ineos Automotive to shed hundreds of roles in global restructuring
Ineos Automotive has announced plans to cut several hundred jobs as part of a global restructuring. In a LinkedIn post,…
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Teradar raises $150m for advance automotive sensing tech
Teradar, a US automotive vision-technology start-up, has emerged from stealth after raising $150m in a Series B round. Led by…
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Wallbox launches Supernova PowerRing fast-charging system
Wallbox has unveiled Supernova PowerRing, a modular fast-charging system that delivers up to 400kW per outlet and a total shared…
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Nexteer expands Bengaluru centre with driveline validation facility
Nexteer Automotive has expanded its India Technical Centre (INTC) by adding driveline physical validation capabilities, further developing its engineering and…
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China lifts ban on Nexperia chip exports
China has ended export restrictions on Nexperia chips, easing a supply bottleneck and pointing to a de-escalation in the dispute…
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Stellantis scraps offtake deal with Alliance Nickel but willing to renegotiate
Stellantis is terminating its binding offtake deal with Alliance Nickel for nickel and cobalt from the NiWest project in Western Australia…
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Tesla profit slumps 35% despite record quarterly revenue
Tesla reported a fall in third quarter profits even as it posted its highest-ever revenue for the period, driven in…
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CATL reports higher revenue and profits in Q3
Chinese electric vehicle battery maker Contemporary Amperex Technology Co Ltd (CATL) has reported increased sales and stronger profitability in the…
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Toyota adds compact FJ to Land Cruiser line-up
Toyota Motor has unveiled the Land Cruiser FJ, a compact addition to its Land Cruiser family, with sales in Japan…