In this photo provided by Nissan Motor Co., Chief Executive Makoto Uchida, right, and COO Ashwani Gupta, left, pose with a Nissan Chill-Out concept car on Nov. 27, 2021. Nissan said Monday, Nov. 29, 2021, it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery

Subaru Corp. President and CEO Tomomi Nakamura stands next to the first all-electric vehicle (EV) Solterra during an unveiling event in Tokyo, Japan November 11, 2021, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS By Reuters Japan’s Subaru Corp on Thursday unveiled its first all-electric vehicle (EV), the Solterra, the result of a

Porsche Macan Sports at a showroom in Nairobi. By Business Daily Africa Sales of new luxury cars dropped 14.1 percent in the nine months ended September, weighed down by stockouts of Porsche, which is yet to get a new dealer in the local market. Data from the Kenya Motor Industry Association (KMI) shows that orders

BMW iX5 Hydrogen is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Reuters By Nick Carey Battery power may be the frontrunner to become the car technology of the future, but don’t rule out the underdog hydrogen. That’s the view of some major automakers, including BMW and

File- This Thursday, Feb. 13, 2020 file photo shows a 2020 Chevrolet Bolt EV on display at the 2020 Pittsburgh International Auto Show in Pittsburgh. General Motors is recalling all Chevrolet Bolt electric vehicles sold worldwide to fix a battery problem that could cause fires. The recall raises questions about lithium ion batteries, which now

People visit the Volkswagen booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo By Yilei Sun, Tony Munroe BEIJING (Reuters) – In late December 2019, managers at Volkswagen (VOWG_p.DE) headquarters in Wolfsburg realised they might have a serious problem in China, the company’s biggest market

Aston Martin DBX, the company’s first sport utility vehicle, is displayed at its global launch ceremony in Beijing, China November 20, 2019. REUTERS/Jason Lee/File Photo LONDON (Reuters) -Carmaker Aston Martin reported on Wednesday a 224% increase in sales to its dealers, boosted by its first sport utility vehicle, the DBX, as losses fell in the

This Aug. 15, 2019, file photo shows the Toyota logo on a dealership in Manchester, N.H. In a deal announced Wednesday, July 21, 2021, Japan’s top automaker Toyota is adding makers specializing in tiny “kei” cars, Daihatsu and Suzuki, to a partnership in commercial vehicles set up with Hino and Isuzu earlier this year. (AP

A China-made Tesla Model 3 electric vehicle is seen ahead of the Guangzhou auto show in Guangzhou, Guangdong province, China November 21, 2019. REUTERS/Yilei Sun/File Photo The price of Tesla (TSLA.O) vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to

File – This July 26 2018 file photo shows the logo of Hyundai Motor Co. in Seoul, South Korea. Hyundai is recalling over 390,000 vehicles in the U.S. and Canada, Tuesday, May 4, 2021, for problems that can cause engine fires. In one recall, owners are being told to park outdoors until repairs are made.