General Motors (GM) has announced that its electric commercial vehicle brand BrightDrop will be integrated under the Chevrolet brand. This strategic move aims to leverage Chevrolet’s extensive market presence to further promote BrightDrop’s electric commercial vehicles and accelerate the company’s development in the electric vehicle sector. Founded in 2021, BrightDrop is GM’s electric commercial […]
According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), the UK’s new car market held steady in August this year, dropping only slightly by 1.3% year-on-year to 84,575 units, just 1,082 fewer than in the same month last year. In […]
Renault Group CEO Luca de Meo said the European auto industry may face a 15 billion euro ($17.4 billion) fine for carbon emission overruns due to a slowdown in demand for electric cars, Reuters reported. By 2025, automakers in the European Union will face stricter […]
In an effort to stimulate the automotive market and boost economic growth, the Vietnamese government has recently announced a 50% reduction in the registration tax for new cars. This policy aims to ease the financial burden on consumers, further promote car sales, and drive the development of related industries. According to the government announcement, […]
September 6, 2024 – General Motors (GM) has announced that former Visa CEO Al Kelly has officially joined its Board of Directors. This appointment marks a significant step for GM as it continues to advance its global business strategy and digital transformation. Al Kelly, during his tenure at Visa, successfully led the company’s digital payment […]
According to Bloomberg, Turkey is working with China to jointly exploit rare earth element deposits, a potential partnership that could make Turkey more attractive to Chinese electric car and battery makers. Earlier this year in July, Turkish President Recep Tayyip Erdogan reportedly met with Chinese President […]