Tag: Automobiles
PIF-backed Lucid Motors to launch Tesla’s model 3 rival by 2025
The chief executive officer of Saudi Arabia’s Public Investment Fund (PIF) backed American luxury electric car maker Lucid Motors said that the company plans...
Hyundai Ioniq 5 debuts EV line up with eye-catching design
South Korean automaker Hyundai has unveiled the Ioniq 5 midsize crossover, the company’s first production model based on its E-GMP (Electric Global Modular Platform),...
Saudi PIF-backed Lucid in talks to go public via Klein’s SPAC
Saudi Arabia’s Public Investment Fund (PIF) backed American automotive company Lucid Motors is reportedly approaching an agreement to go public via a merger with...
Ford halts all projects with India’s Mahindra to rethink strategy: Reports
According to sources, the American automaker Ford Motor has frozen all projects it was working on with India’s Mahindra & Mahindra while it finalizes...
JLR to turn all electric by 2039; First Land Rover EV...
British multinational luxury car manufacturer group Jaguar Land Rover (JLR) has revealed its plans to go electric with an aim to be net-zero on...
Not working with Apple on an autonomous car; Nissan clarifies rumors
Japanese multinational automotive manufacturer Nissan Motor has cleared that it is not having any discussions with American technology giant Apple, following a report that...
Volkswagen teams up with Microsoft to develop self-driving car software
German automaker Volkswagen will utilize the US-based multinational technology company Microsoft’s cloud computing services to help it streamline its software development efforts for self-driving...
Kia to boost future mobility, manufacturing by 2025; Invests $26bn
South Korean multinational automotive manufacturer Kia will be investing about $26 billion in its car manufacturing facilities and future mobility technologies by 2025.
Kia will...
