Tesla shareholders advised to reject Elon Musk’s USD 56 billion pay
The Tesla board of directors, which has faced criticism for its close relationship with the billionaire, suggested the compensation package...
Category : Transport
IF Insights: Elon Musk finds new obsession in robotaxi as Tesla fights headwinds
Tesla initially backed gigacasting to reduce its long-term manufacturing costs...
BYD slows down Vietnam plans as it gears up to challenge Tesla’s dominance
The announcement of BYD's investment plans by the Vietnamese government came after BYD CEO Wang Chuanfu's May 2023 visit to the nation...
IF Insights: Plug-in hybrid momentum propels automakers toward EV flexibility
Data from market research firm BloombergNEF shows that between 2022 and 2023, sales of plug-in hybrids increased by 43% to over 4.2 million units...
China outpaces Japan in global vehicle exports for 2023
China's auto sector has experienced rapid growth in recent years, partially due to investments in electric cars, an area where Japanese firms have been more hesitant...
IF Insights: ‘Solid State’ of battery affair awaits electric vehicle industry
Solid-state cells are the inevitable future of the electric vehicle industry, especially when it comes to raising the vehicles' safety and energy-related parameters, apart from ensuring faster recharge times...
Lumi drives growth: Massive boom in Saudi’s car rental sector
Lumi offers a range of services, keeping in mind the diverse needs of its Saudi customers...
Hyundai & Kia achieve record-breaking sales in 2023
Hyundai Motor sold 4,216,680 vehicles last year, which is higher than the 3,942,922 units sold in 2022...
IF Insights: From record-breaking sales to business setbacks, EV sector witnesses a mixed 2023
Early EV buyers were largely higher-income, willing to try unfamiliar technology, and more likely to be able to charge their electric vehicles at home...
Start-up of the Week: eKar, an alternative option to traditional car ownership
The eKar mobile app was created to provide a flawless user experience, making it simple to browse and book cars as well as process payments...