Toyota to convert entire line-up to hybrids by 2026, defying EV-only trend
Toyota Motor Corporation, long known for its pioneering efforts in hybrid technology, is shifting gears as the electric vehicle (EV) ...
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Kenya’s Mobius Motors avoids liquidation with 11th-hour buyout deal
Mobius Motors, Kenya’s pioneering carmaker known for producing affordable SUVs tailored for Africa’s rugged terrain, has accepted a takeover bid ...
Gauteng bags R28.1 bn for road upgrades, launches high-tech number plates
The Gauteng Department of Transport (GDoT) has been allocated R9.4 billion for the 2024/2025 financial year, bringing its total budget ...
Global EV sales surge 21% in July, driven by record growth in China
Global sales of electric vehicles (EVs) surged by 21% in July 2024, with China leading the charge, according to data ...
Half of all cars sold in China in July were electric or hybrid, marking a new era
China's automotive industry has reached a significant milestone as sales of new energy vehicles (NEVs)—including pure electric vehicles (EVs) and ...
Major airlines suspend flights amid escalating Middle East tensions
Amid rising tensions in the Middle East, several international airlines have suspended flights to the region or altered their routes ...
Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey
Mobius Motors, the Kenyan car manufacturer known for its rugged, affordable SUVs tailored for African roads, is set to shut ...
Lucid secures $1.5 bn from Saudi PIF for electric SUV expansion
Lucid Group, the electric vehicle (EV) manufacturer, has announced a significant financial boost with up to $1.5 billion in funding ...
Waymo expands self-driving taxis to more neighborhoods in California
Waymo, a subsidiary of Alphabet Inc., announced on Tuesday the expansion of its autonomous ride-hailing services in California, specifically in ...
Rivian reports $1.16 bn revenue, $1.46 bn loss in Q2 2024
Rivian Automotive has reaffirmed its production forecast for 2024, despite reporting higher-than-expected losses in the second quarter. The electric vehicle ...
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