Automotive industry
Jaguar Land Rover's (JLR) UK factories have been closed since a cyber attack on August 31, with staff working on production lines being told to remain at home. The car plants at Halewood and Solihull, along with its Wolverhampton engine facility, have been unable to operate due to
Automotive industry
Automakers in India have welcomed the recent GST council's decision to introduce a two-tier tax system, paving the way for significant price cuts on commercial and passenger vehicles. The new tax slabs of 5 per cent and 18 per cent will reduce the cost of ownership for customers,
Electric vehicles
The US Immigration and Customs Enforcement conducted a massive raid at a Hyundai car battery plant in Georgia, detaining 475 workers, most of them South Korean nationals, in what is being described as one of the largest single-site enforcement operations in the agency's two-decade history. The operation is
Electric vehicles
Tesla's board of directors has proposed a compensation deal for CEO Elon Musk valued at approximately $1 trillion, which would be the largest corporate pay deal in history. The plan aims to incentivize Musk to focus on his role as chief executive and reward his contributions to the
Electric vehicles
Elon Musk, the CEO of Tesla, could be in line for a massive payout of $1 trillion if the electric car company meets a series of aggressive targets over the next decade. Tesla's regulatory filing revealed a plan that includes a dozen share tranches, which would award Mr.
Electric vehicles
Toyota Motor Manufacturing Czech Republic in Kolin will become the first European factory to produce a new battery electric vehicle, with the company announcing plans to expand its operations. The plant, which currently spans approximately 1.63 million square feet, will be increased to around 1.86 million square feet
Electric vehicles
Hyundai Motor Group has unveiled its latest concept car, the Ioniq Concept Three, marking a significant step in the company's electric vehicle strategy. The Concept Three will make its world premiere at the IAA Mobility 2025 in Germany, featuring Hyundai's new exterior design language, "Art
Electric vehicles
The Hyundai Inster, a compact and versatile electric car, has won the 2025 World Electric Vehicle of the Year award. This car prioritizes spaciousness in its interior, making it perfect for small spaces and big moments. With its unique design, adjustable seats, and expandable boot space, the Inster offers a
Electric vehicles
Tesla Inc, the leading electric vehicle maker, saw a 40% drop in new registrations in Europe in July 2025, marking its seventh consecutive month of falling sales. In contrast, Chinese automaker BYD Co experienced a surge of 225% in European sales, surpassing Tesla's market share. This shift highlights
Electric vehicles
A narrow majority of workers at a Ford and SK On battery factory in Kentucky appeared to have voted in favor of being represented by the United Automobile Workers (U.A.W.), but contested ballots could potentially change the outcome. The vote was seen as a test of the U.
Electric vehicles
Tesla's attempts to regain its momentum in the European market have faltered, with a sharp decline in sales in July 2025, signaling that the company's brand may still be affected by controversies surrounding CEO Elon Musk's political stances. The slump in sales persisted even
Electric vehicles
The UK government's Electric Car Grant (ECG) has been expanded to include the E-308, E-308 SW, and E-408 models from PEUGEOT, offering £1,500 off the list price for customers. This addition brings the total number of eligible PEUGEOT electric vehicles to six, providing customers with a wider
