Honda and Nissan to Begin Merger Talks
TOKYO — Japan’s Nissan Motor Co. and Honda Motor Co. have reportedly agreed to enter into merger talks. According to a report by the Nikkei newspaper on Tuesday, the two companies are in discussions to form a new holding company … Continue reading Honda and Nissan to Begin Merger Talks
BYTON M-Byte Receives iF Design Award 2020
Munich – BYTON, manufacturer of smart premium electric vehicles, has received the iF Design Award in the discipline Products, category Automobiles/Vehicles. The iF Design Award is one of the world’s most prestigious design awards and has been honoring outstanding achievements … Continue reading BYTON M-Byte Receives iF Design Award 2020
Nio tumbles to record low after sales disappoint
Shanghai/New York – U.S.-listed shares of Tesla rival Nio Inc (NIO.N) tumbled 25% after the Chinese electric carmaker posted a drop in quarterly vehicle sales, blaming a cut in subsidies and weak demand. China has been steadily rolling back subsidies … Continue reading Nio tumbles to record low after sales disappoint
China EV: Byton management shake-up
Shanghai – Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the … Continue reading China EV: Byton management shake-up