ANNIE ALLEN Kia Corporation has slammed the brakes on its high-tech ambitions, delaying its much-hyped software-defined vehicles (SDVs) to 2028, one year behind schedule, while unleashing a massive $28 billion investment surge in a desperate bid to catch up in the global tech race. The market reacted instantly. Kia’s shares plunged 5.5%, sharply underperforming the…
ANNIE ALLEN The global automotive industry has been rocked by a sweeping safety scare as Volkswagen and Ford Motor Company jointly trigger recalls affecting more than 350,000 vehicles across key markets, raising fresh concerns over the reliability of both electric mobility and advanced driver technologies. At the heart of the storm is Volkswagen’s massive recall…
ANNIE ALLEN A sweeping proposal by Donald Trump is triggering outrage across the United States, with officials warning it could effectively cripple a $5 billion electric vehicle charging programme before it even gets off the ground. In a strongly worded rebuke, attorneys general from 20 states, including California, New York, and Michigan, said the administration’s…
Nissan Motor Co., Ltd. has announced that its subsidiary, Nissan Motor India Pvt. Ltd., is launching the all-new Gravite, a 7-seater multi-purpose vehicle (MPV). The launch marks a new chapter in the India market and underscores Nissan’s commitment to delivering vehicles tailored to meet the diverse needs of local customers. The Gravite will be manufactured…
