The race towards the development of fully self-driving cars is picking up steam as leading car manufacturers and technology firms increase their testing efforts and lobby for the legal framework to support the use of such vehicles. Recent trends in some of the major markets across the globe suggest that the self-driving technology is evolving […]

The sales of EVs are rapidly increasing across the world, especially in China and Europe, which are the largest markets for automobiles. This trend that has been on the rise in the last several years has been further boosted in the year 2024 due to the availability of government incentives, enhancement in the technology and […]

The global chip scarcity has persisted to disrupt the automotive sector as more manufacturers reveal more production reductions and temporary plant shutdowns. This problem has been a major concern to the industry for over a year now and there is no indication that the situation will improve in the near future, a situation that is […]

The electric vehicle manufacturer Rivian has secured a whopping $5 billion investment from the Volkswagen Group in a move that will help the company achieve its goal of profitability. This is especially so given that Rivian recently held an investor day event where the company’s top management provided an overview of the company’s strategy. This […]