The automotive sector is undergoing rapid transformation. Manufacturing methods, materials, and design processes are evolving to meet new demands for efficiency, sustainability, and performance. Companies that…
In a significant development, Google Ventures has made its first investment in Finland, channeling €10 million into Distance Technologies. The company is renowned for its innovative…
Treble, an innovative Icelandic startup, has successfully garnered €11 million in Series A funding. This significant investment heralds a transformative phase for the company, empowering it…
AI image recognition is revolutionising industries by enhancing efficiency and opening new avenues for innovation. From retail to automotive, its impact is profound and wide-reaching.This technology…
UK-based Carwow has successfully secured a £41 million funding investment. The funds aim to transform the car buying and selling experience across Europe.This strategic infusion of…
New car registrations were down 4.4% in September 2020, making it the weakest September this century. Just 328,041 cars were registered, compared with 343,255 in the…
Carmaker Toyota has announced it will build its new Auris hatchback at the Burnaston factory in Derbyshire, according to BBC News. The Japanese automotive company said…
Car manufacturing in the UK grew by 1.2% in January but commercial vehicle production slumped, the Society of Motor Manufacturers and Traders (SMMT) said today. A…
National Electric Vehicle Sweden AB (NEVS), which is owned by Hong Kong-based National Modern Energy Holdings Ltd, said today it had completed the acquisition of bankrupt…
French carmaker PSA Peugeot Citroen (EPA:UG) said it plans to terminate its French joint venture Sevelnord with Italian partner Fiat SpA (BIT:F) and presented a project…
