Amid widening losses, Nio will use the expected funds to develop new EV technologies and products. By Stewart Burnett The post Nio offers up 136.8 million new shares to fund R&D appeared first on Automotive World.

  By ONR  Mar 29, 2025

Volvo has reduced the size of the e-axle for the new FH Aero Electric, effectively creating more battery space. By Stewart Burnett The post Volvo unveils next-gen heavy truck with up to 600 km range appeared first on Automotive World.

  By ONR  Mar 29, 2025

Ashok Leyland blames weaker-than-expected UK bus sales and sees more promising opportunities in its native India. By Stewart Burnett The post Ashok Leyland weighs closure of UK bus plant appeared first on Automotive World.

  By ONR  Mar 29, 2025

The development is part of Stellantis’ broader plans to invest €2bn into Italian manufacturing over the course of 2025. By Stewart Burnett The post Stellantis invests €38m in Italy e-motor component production appeared first on Automotive World.

  By ONR  Mar 29, 2025