LONDON — Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect. Bidirectional, or vehicle-to-grid...
Engineering conglomerate Escorts Kubota on Monday announced a forthcoming increase in the prices of their tractor range starting May 1, 2024. The company's agri-machinery division is set to implement these price adjustments, which will vary across different models, variants, and...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla shareholders are bracing themselves for the carmaker’s worst performance in seven years in quarterly results this week, as it wrestles with...
Two-wheeler major Hero Motocorp on Sunday said it has opened an assembly facility in Nepal in partnership with its distributor CG Motors. The facility will have a capacity of 75,000 units per annum and will bring new investments and create...
BEIJING — Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher than expected, CEO Lei Jun said on Thursday, as the company began delivering standard versions of the so-called SU7 to buyers ahead of...
The first Lotus Formula 1 car will be among the featured lots at a Bonhams auction scheduled for May 10 in Monaco. The original Team Lotus dissolved in the early 1990s (other unrelated teams subsequently used the Lotus name), but...
India's appetite for compact vehicles - defined as being less than 4 metres in length - seems to be waning. Despite a preferential taxation regime, the share of sub-4 metre compact vehicles, has fallen from 62% in 2021 to 50%...
There’s a new top dog in the Mercedes-AMG GT Coupe lineup. Say hello to the 2025 Mercedes-AMG GT 63 S E Performance. As the “E Performance” bit of its name suggests, it adds hybrid power to Mercedes’ most-focused series AMG...
Mercedes-Benz AMG continues to expand its redesigned GT Coupe lineup, this time with the addition of the first plug-in hybrid. The 2025 Mercedes-Benz AMG GT 63 S E Performance arrives at U.S. dealerships later this year as the most powerful...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Workers at a Volkswagen plant in Chattanooga, Tennessee voted to form a union on Friday, the first victory in the United Auto...
