Tag: Automotive Industry
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California Judge Rules Tesla Deceptive Autopilot Marketing
Regulatory Ruling Targets Tesla’s Autopilot Marketing A California administrative law judge has determined that Tesla’s marketing of its Autopilot and Full Self-Driving (FSD) technologies was deceptive. The ruling signals a notable regulatory stance on how driver-assistance features are presented to consumers and could affect how the automaker markets its most talked-about systems going forward. The…
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Ford Reconsiders Electric Hopes: F-150 Lightning Scrapped as Losses Mount and Demand Declines
Ford Reassesses Its Electrified Strategy In a dramatic pivot, Ford Motor Co. has scaled back its aggressive push into a fully electric future, signaling a shift away from the fully electric F-150 Lightning. The decision comes as the automaker grapples with mounting losses in its EV venture and waning consumer demand, forcing leadership to reallocate…
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Hyundai Motor Group Announces KRW 125.2 Trillion Domestic Investment Through 2030
Hyundai Motor Group Unveils a Landmark Domestic Investment Hyundai Motor Group (the Group) announced a sweeping domestic investment plan totaling KRW 125.2 trillion, spanning 2026 to the end of 2030. This commitment, described as the largest-ever investment in South Korea by the Group, aims to accelerate production capacity, boost high-tech manufacturing, and drive a transition…
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Hyundai Motor Group to Invest KRW 125.2 Trillion in Korea by 2030: A New Era for Domestic Growth
Hyundai Motor Group Announces Record Domestic Investment Hyundai Motor Group has unveiled what it calls its largest-ever domestic investment commitment, pledging KRW 125.2 trillion to South Korea over the five years from 2026 through 2030. The plan signals a bold strategic push to strengthen the country’s manufacturing base, accelerate the shift toward electrified mobility, and…
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Toyota opens doors to its first EV battery plant in the US
Toyota kicks off a new era for U.S. EV supply In a milestone moment for the U.S. electric vehicle ecosystem, Toyota has begun production at its first-ever EV battery plant outside Japan. The company’s new facility in North Carolina, a $13.9 billion investment, signals a strategic push to localize critical battery components and reduce reliance…
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Toyota opens its first EV battery plant in the US
Toyota’s Landmark Move: A New US Battery Factory Toyota has begun production at its long-anticipated electric vehicle (EV) battery plant in North Carolina, marking the company’s first manufacturing facility outside Japan dedicated to EV energy storage. The $13.9-billion project, situated in the state’s industrial corridor, signals a strategic shift in Toyota’s approach to battery production…
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Tata Motors’ CV Arm Goes Independent: A New Chapter in India’s Auto Sector
New Chapter for Tata Motors’ Commercial Vehicle Arm The commercial vehicle (CV) division of Tata Motors has officially separated from the parent company by listing as a distinct entity, signifying a milestone in a decade-long transformation. Under the leadership of Chairman N. Chandrasekaran, the conglomerate has embraced a strategy built on two strong, independent businesses:…
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Tata Motors’ CV Arm Goes Public: A New Era After a Decade of Transformation
Introduction: A Landmark moment for Tata Motors Tata Motors has formalized the listing of its subsidiary focused on commercial vehicles (CV), signaling a decisive shift after a decade of strategic restructuring. Led by chairman N. Chandrasekaran, the move aims to unlock value, sharpen competitive focus, and create two strong, independent businesses within the Tata group.…
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Perodua EV: Malaysia’s First Homegrown EV to Become an Important National Agenda
Perodua’s Milestone: An EV for the Nation Malaysia is set to elevate Perodua’s first electric vehicle (EV) to an “important national agenda,” signaling a strategic shift toward sustainable transportation. The move, announced amid ongoing government efforts to strengthen governance, social responsibility, and environmental protection, positions Perodua’s homegrown EV as a central pillar of the country’s…
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EVs Up, ICE Down: Australia’s Car Market Shifts as EVs and Hybrids Surge
Australia’s car market enters a new era The Australian automotive landscape is undergoing a notable transformation. Latest quarterly data from the peak motoring body shows electric vehicles (EVs) and hybrids gaining ground while traditional internal combustion engine (ICE) vehicles lose market share for the first time, dipping below the 70% threshold. Record EV and hybrid…