Tag: Investment
Daimler Truck seeks investment partner for autonomous driving unit
Daimler Truck Holding is currently on the lookout for a financial partner for its subsidiary, Torc Robotics, which…
Uber finalises $300m investment in Lucid’s robotaxi programme
Electric vehicle (EV) manufacturer Lucid Group has recently announced a significant milestone in its collaboration with Uber Technologies,…
Hyundai Motor Group boosts US investment to $26bn
Hyundai Motor Group recently announced its plans to ramp up its investment in the US economy to a…
WeRide secures investment from Grab to expedite robotaxi deployment in Southeast Asia
Chinese autonomous driving technology company WeRide (NASDAQ: WRD) announced a significant development today, revealing that it has secured…
Nio’s battery asset operator Mirattery inks strategic deal with CATL involving equity investment
Nio's battery asset operator, Mirattery, has recently formed a strategic partnership with CATL, a well-known Chinese battery company.…
FROM THE EDITOR: US investment flows, Xpeng’s strategy, market reports and an Avatr
Vehicle manufacturers are facing challenges due to the rapidly changing US trade policies, particularly the increase in import…
Polestar secures $200m equity investment
Polestar, a Swedish electric vehicle manufacturer based in Gothenburg, has recently secured a $200 million equity investment from…
COSCO SHIPPING, SIPG to increase investment in SAIC Anji Logistics
Shanghai, China - COSCO SHIPPING and SIPG to Increase Investment in SAIC Anji Logistics Shanghai (Gasgoo)- On December…
Chinese authorities delay approval of BYD, Geely investment plans in Latin America, report says
China is facing delays in approving BYD and Geely to produce cars in Latin America due to trade…
Thailand approves Sunwoda’s $1 billion investment in EV battery cell plants
Sunwoda, a prominent Chinese battery manufacturer, has recently received approval to invest in battery cell plants in Thailand.…
LG makes strategic investment in Apex.AI
LG Electronics, a prominent South Korean electronics giant, recently announced a strategic investment in Apex.AI, a leading developer…
Japan to approach Tesla about Nissan investment – report
A recent report from the Financial Times has revealed that a group of influential Japanese figures, including former…