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 […]

This is a synchronised action that marks a shift in the automobile industry as some of the biggest car manufacturers in the world announced that they will stop manufacturing ICE cars by 2030. This record-shattering pledge from an auto industry coalition comprising of players like Toyota, Volkswagen, Ford, General Motors, Honda, among others, is a […]

This is perhaps one of the most striking milestones in the field of self-driving cars as a car has recently traveled across the United States without the input of a human driver. The vehicle is developed by a new company from Silicon Valley which is AutoPilot Inc. crossed the country from San Francisco to New […]