HONG KONG, BEIJING: Chinese electric vehicle (EV) manufacturer XPeng, backed by Alibaba Group Holding Ltd., said on Wednesday it has raised $400 million from investors including Xiaomi Corp. to fund its growth.

Sources"...

NEW YORK: General Motors Co confirmed it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious plan to begin building electric pick-up trucks by the end of 2020.
Lordstown Motors Corp, which is 10 per cent owned by Workhorse Group Inc, has retained"...

The results of the 8th cycle of the unique and long-running ‘UAE Road Safety Monitor’ study once again underline the authorities’ efforts to further improve the country’s road infrastructure and this directly contributes to all-time-high values for driving enjoyment"...

Toshiba Digital & Consulting Corporation (hereinafter TDX) and Spain’s Gestamp, the global leader in metal components for automobiles, have announced that they are cooperating in a project to bring advanced monitoring and analysis to the welding of vehicle chassis parts. By drawing"...

We all experienced at least once in our Lebanese lifetime a van ride where we closed our eyes, sat stiffly, and prayed for dear God to get back home in one piece!

Vans are mini-buses that are well known across"...

Velodyne Lidar, Inc. today announced an agreement with Hyundai Mobis to launch a new lidar-based advanced driver assistance system (ADAS) that integrates Velodyne lidar technology and Hyundai Mobis cognitive software. The Velodyne Velarray™-based system is designed specifically for ADAS in consumer vehicles. Hyundai Mobis is delighted to cooperate with Velodyne Lidar, one of the industry's most innovative lidar sensor providers, to launch a lidar system that is essential in high level autonomous driving, said Ko Youngsuk, Head of the Hyundai Mobis Strategy Planning division. The Velarray, utilizing Velodyne’s industry-leading......

The Volvo Group has set up a new business area, Volvo Autonomous Solutions, which will accelerate the development, commercialisation and sales of autonomous transport solutions.

This will enable the group to meet a growing demand and offer the best possible solutions to customers"...

General Motors (GM) plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in late 2021, possibly reviving the imposing Hummer brand on some of them, several people familiar with the plans said.

The"...

Luxury cars in China are pointing to economic hazards ahead. Mercedes-Benz, BMW and peers notched up healthy revenue growth in the country during the third quarter. The wider industry, meanwhile, is suffering: data released on Monday showed a 6.3 per cent drop in September sales compared"...

LONDON: One in three British automotive firms is cutting jobs as Brexit nears, up from one in eight just under a year ago, according to a survey conducted by a group representing the industry which risks being a big loser from Brexit.

Eighty"...