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Lucid gets funding worth USD 1.5 billion as it gears up for e-SUV rollout: Report

autherAutocar Pro News Desk     calendar06 Aug 2024

Lucid is slated to launch its Gravity SUV later this year, and this investment will keep it sufficiently funded till Q4 FY25.

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Continental considers hiving off auto business: Report

autherAutocar Pro News Desk calendar06 Aug 2024

The company further noted that a spin off could be given for approval at a shareholder meeting, coming April, and the ...

Kia Mexico rolls out its two millionth unit

autherAutocar Pro News Desk calendar06 Aug 2024

Two-million vehicles produced in less than 10 years after Kia Mexico began operations. The milestone vehicle is a 2025...

Hyundai Transys targets zero production defects with AI technology

autherAutocar Pro News Desk calendar05 Aug 2024

In-house-developed AI system, which uses high-quality component X-ray images, has improved inspection accuracy from 93...

BMW Motorrad reveals CE 02 x Vagabund customised EV

autherAutocar Pro News Desk calendar04 Aug 2024

The BMW CE 02 x Vagabund, created by BMW Motorrad Austria, is a stylish eParkourer for urban areas.

Nissan and Honda to co-develop SDVs, EV platforms, batteries and e-axles

autherAutocar Pro News Desk calendar03 Aug 2024

The Japanese automakers are to collaborate on a next-generation SDV platform, synergise battery technologies and asset...

Uber and BYD sign pact for 100,000 EVs in key global markets

autherAutocar Pro News Desk calendar03 Aug 2024

Beginning first in Europe and Latin America, the partnership is expected to offer drivers access to best-in-class pric...

McLaren appoints Atlas Copco as its official smart tooling supplier

autherAutocar Pro News Desk calendar03 Aug 2024

Atlas Copco supplies 5G-capable battery powered, transducerised digital tools, providing McLaren with a fully-connecte...

Leapmotor-Stellantis JV ships first batch of EVs to Europe

autherAutocar Pro News Desk calendar31 Jul 2024

Leapmotor International, a 51/49 Stellantis-led company, will sell C10 and T03 EVs in nine European countries starting...

Nissan unveils new sustainability plan for 2030

autherAutocar Pro News Desk calendar31 Jul 2024

Key sustainability targets in NGP2030 include reducing per-vehicle lifecycle CO2 emissions by 30%, per-vehicle manufac...