Automotive Industry
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Why Lithium-Ion Battery Fires Present Unique Challenges for Firefighters
As electric vehicle adoption grows, understanding the science of thermal runaway and the difficulty of extinguishing battery fires…
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Why Luxury Electric Vehicles Face Steep Depreciation as Battery Tech Evolves
Rapid advancements in battery efficiency and new platform architectures are causing premium EVs to lose value faster than…
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Hyundai recalls 94,622 Genesis sedans, urges owners to park outside due to fire risk
Overheating power seat switches in 2015-2020 models pose a fire hazard, prompting NHTSA to advise owners to park…
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Global Chip Shortage Drove Up Used Car Prices and Idled Auto Plants
DETROIT, September 23 — Used vehicle prices in the United States surged to historic highs beginning in 2021,…
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Volkswagen to Cut Half Its Vehicle Lineup, 50,000 Jobs
Wolfsburg, September 4 — Against this backdrop of intensifying competition in the automotive industry, Volkswagen AG, Europe’s largest…
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Kiichiro Toyoda’s Vision Built World’s Largest Carmaker
TOKYO, July 17 — The story of Kiichiro Toyoda begins not with cars, but with looms. Born in…
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China Took About 60% of Global Electric Vehicle Sales in 2023
BEIJING, July 13 — How did a country that barely sold electric cars a decade ago come to…
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Volkswagen Opens Its Zwickau Plant to Electric Cars as First ID.3 Comes Off the Line
WOLFSBURG, July 9 — Against this backdrop of a rapidly electrifying global automotive industry, the Volkswagen Group finds…
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EVs Displaced 1.7 Million Barrels of Oil a Day in 2025 as Auto Jobs Shift
DETROIT, July 6 — The shift to electric vehicles is reshaping lives and livelihoods across the American automotive…
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BYD Executive Calls for Cooperation With Tesla as Both Outpace Legacy Automakers on Profit
ASTANA, July 6 — The global race to dominate electric vehicle production is reshaping supply chains that reach…
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Malaysia Approves Tesla Application to Import Electric Vehicles
On March 5, 2023, the Ministry of International Trade and Industry (Miti) approved Tesla’s application to import battery…
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Wuling Hongguang Mini EV: Over 1.1 Million Sold, Latest Model From $4,950
The Wuling Hongguang Mini EV, a battery electric city car, has been making waves in the automotive industry…
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Nissan Sells Yokohama Headquarters Once Called the House That Ghosn Built
In a significant shift, Carlos Ghosn is no longer leading any automobile conglomerate, a reality that continues to…
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Carlos Ghosn: From Auto Industry Icon to Arrest in Japan, as of November 2018
As of June 28, 2022, business observers continue to assess the professional journey of Carlos Ghosn, a former…
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