The US government has many ways to funnel financial support to businesses, both large and small, helping them to do research and development, expand operations, hire and pay staff, and compete in the ...

The global electric vehicle (EV) market is experiencing unprecedented growth, driven by multiple factors, including stringent ...

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025, the auto industry eagerly anticipates ...

With the 'Neue Klasse', BMW is about to roll out an electric car platform that will be suitable for almost all of the Munich-based company's vehicle segments.

Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory ...

Considered Europe's best shot at a home-grown electric vehicle battery champion to compete with Chinese rivals BYD and CATL, ...

India's automotive sector has grown into the world's third-largest market, driven by consumer demand and government policies ...

In addition to its $800 million investment, the federal government is committing up to $169.4 million through its Strategic ...