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Automakers establish global production hubs in China to improve competitiveness.
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Light vehicle demand prospects in India remain positive with a 6m market forecast for 2026.
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This marks the first time the Kicks will be built for the European market, with cars from Sunderland supplying customers across the UK, Europe and Turkey.
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McLaren Automotive also announces plans to launch a performance SUV.
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The venture, Renault Geely do Brasil, said the fresh funding would go towards producing an electrified Renault model built on the GEA (Global Intelligent Electric Architecture) platform, with production scheduled to start in 2027.
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The US company has partnered with Tokyo’s leading taxi company Nihon Kotsu, and ride-hailing platform Go.
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Taiyi Shanglian to acquire a 71% stake and invest CNY3bn in the BEV start-up.
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The market rebound continues to be driven by strong demand for trucks and BEVs.
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Next Bharat Ventures held a forum to highlight importance of broad-based investment that helps solve social issues.
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The new XC60 has an electric range of up to 200km on a single charge, while the XC90 offers up to 160km.
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