Auto Industry News

Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.

Nissan will invest two trillion yen ($17.5 billion) over the next five years to speed up electrification, aiming to launch electric vehicles with its proprietary batteries by 2028.

Mammootty is known to be the highest-paid megastar from the Malayalam Film Industry and his auto collection is as massive as his fan following.

While driving on highways, there are always some basic aspects that you should keep in mind.

Williams built a team that took on bigwigs like Ferrari, BMW, Brawn among others and made the Williams Racing Team a force to reckon with

Germany aims to have at least 15 million electric cars on the roads by 2030 in its shift towards climate neutrality, up from a previous goal of 14 million.

Piech Automotive is due to release its 200,000 euro Piech GT model in 2024, with a production target of 10,000 cars a year.

The motor, known as an axial-flux motor and designed by the British startup YASA which Daimler acquired earlier this year, weighs a fraction of its diesel equivalent and can boost the range of an EV by up to 7%.