
Articles
-
6 days ago |
automotiveworld.com | Stewart Burnett
Iveco Bus has opened a new Prototype & Testing Center at its Vysoké Mýto facility in the Czech Republic, doubling its workspace to 4,100 square meters to accommodate prototypes up to 18 meters long. The state-of-the-art facility will support development across all propulsion types including internal combustion engines, battery-electric, and fuel cells.
-
6 days ago |
automotiveworld.com | Stewart Burnett
Senior Tesla executives were alarmed when Elon Musk publicly denied cancelling plans for a US$25,000 electric vehicle last year—despite having already killed the project internally—according to a new report in Reuters. Previously, the outlet had reported the project’s cancellation, leading Musk to call its reporters “liars”, leaving executives confused as staff had been informed several weeks prior that the Model 2 project was shelved.
-
6 days ago |
automotiveworld.com | Stewart Burnett
May Mobility has partnered with Japan’s Itochu Corporation to accelerate global deployment of driverless vehicles through tele-assist technology. May Mobility will lean on Bellsystem24, an Itochu portfolio company specialising in customer experience and outsourcing solutions, to provide a faster, more scalable, and more ‘autonomous’ alternative to typical teleoperations.
-
6 days ago |
automotiveworld.com | Stewart Burnett
Tesla has no plans to manufacture its electric vehicles (EVs) in India despite the country's new EV policy designed to attract foreign automakers, said Heavy Industries Minister HD Kumaraswamy on 2 June. While the automaker is currently gearing for its long-expected market launch over the summer, local production is not part of its immediate strategy.
-
6 days ago |
automotiveworld.com | Stewart Burnett
US electric vehicle (EV) maker Rivian is exploring a high-yield bond sale of up to US$2bn, with JPMorgan Chase leading the potential transaction to partly refinance debt maturing in 2026. Early pricing discussions suggest yields around 10%, with the deal possibly launching next week, though sources told Bloomberg that the transaction remains under discussion and may not proceed as planned.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →