Following battery start-up Northvolt’s US bankruptcy filing (under Chapter 11 for reorganisation) the company announced that Peter Carlsson will step aside from his role as CEO. However, he will take ...

South Korea-based carmaker Hyundai is recalling of approximately 145,235 electrified vehicles (EVs) in the US, the US National Highway Traffic Safety Administration told Reuters.

Stellantis is considering a revision of its manufacturing expansion into Mexico in response to potential tariffs proposed by President-elect Donald Trump, reported Bloomberg.

Nissan Motor plans to cut around 1,000 jobs in Thailand, according to unconfirmed local reports, as part of a global restructuring plan announced earlier this month involving 9,000 job cuts worldwide ...

Malaysia’s second national carmaker, Perodua, has announced it has signed an agreement allowing Gentari Green Mobility to set up EV recharging facilities at its service centres across the country. The ...

Hyundai and Kia performed much better in the US market in October, however. Hyundai reported an 18% year-on-year rise in US sales to 71,802 units, driven by strong demand for the Sonata and Elantra ...

German automaker Mercedes-Benz has announced a plan to cut multi-billion euros in costs in response to a deteriorating business environment.

Technologies like batteries as well as those for solar, wind, nuclear and hydrogen power generation depend on critical minerals.

This restructuring is distinct from bankruptcy proceedings in Sweden and many other countries. Credit: T. Schneider/Shutterstock. Swedish electric vehicle (EV) battery manufacturer Northvolt has filed ...