Nio’s losses were driven by hefty investments into new sub-brands Onvo and Firefly, as well as its battery swapping venture. By Stewart Burnett The post Nio pledges to cut costs as net losses widen appeared first on Automotive World.
Audi’s Gernot Döllner indicated that the as-yet-unrevealed EV could enter production as early as 2026. By Stewart Burnett The post Audi Chairman teases new C-segment EV, built at Ingolstadt appeared first on Automotive World.
Production capacity of polyester and polyurethane resins used in automotive spraycoats increased The post BASF Coatings increases production capacities in Caojing, China to meet growing Automotive demand in Asia Pacific appeared first on Automotive World.
In February, Stellantis consolidated the positive results of the previous month and achieved its best result of the last 12 months: 18.1%[1] share on the total EU29 PC+CV market (January closed at 17.1%), confirming its leadership in France, Italy, and Po