Honda Motor Co. has announced a huge financial setback tied to its electric vehicle (EV) strategy, revealing a US$15.7 billion (about ¥2.5 trillion) impairment loss as it retreats from several…
hybrid vehicles
Ford Motor Company has announced a strategic overhaul of its electric vehicle (EV) roadmap, shifting focus from large battery-electric trucks to a diversified approach emphasizing hybrids, affordable EVs, and energy…
Toyota has unveiled a major investment plan worth US$912 million to expand hybrid vehicle production across five of its key U.S. manufacturing facilities. The move comes as demand for hybrid-electric…
Kerala is witnessing a notable decline in electric vehicle (EV) registrations, signaling a slowdown in the state’s push toward sustainable mobility. After recording 75,812 battery-operated vehicles (BOVs) in 2023—averaging about…
In a significant move to reshape India’s mobility landscape, JSW Motors has joined forces with KPIT Technologies to advance the development of electric and hybrid vehicles. The strategic partnership will…
India’s auto component sector is at the forefront of transforming mobility through innovation, sustainability and performance. As the electric vehicle segment gains momentum, the industry is shifting focus from traditional…
Kunshan GLVAC Yuantong New Energy Technology Co., Ltd. (GLVAC YT) has partnered with Sterling Tools Limited, the second-largest automotive fastener maker in India. Sterling Tools wants to localise the manufacturing…
Toyota was one of the last major manufacturers to produce electric automobiles, but it may have been the first to abandon gasoline-only vehicles. According to two business insiders, the corporation…
DigiKey has announced significant portfolio expansions in the first two quarters of 2024. This includes the addition of more than 150 new suppliers and more than 340,000 innovative new products…
Automotive electronics have revolutionized the way we interact with our vehicles, transforming them from mere transportation tools into sophisticated, connected machines. As technology continues to advance, the role of automotive…