Automotive

EU softens 2035 ban on combustion engine vehicles

BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles…

Tesla boosts China-made EV shipments by 9.9 percent

SHANGHAI, December 3, 2025: Tesla reported a 9.9 percent year-on-year increase in sales of its China-made electric vehicles (EVs) in November, marking the…

New Porsche Cayenne Electric delivers 850kw power and 2.5s acceleration

STUTTGART, November 19, 2025: Porsche has introduced the first fully electric version of its flagship SUV, the Cayenne, marking a pivotal moment…

Porsche posts €967 million quarterly loss in Q3 2025

BERLIN, Oct. 25, 2025: Porsche AG reported an operating loss of €967 million for the third quarter of 2025, its first quarterly…

US launches probe into 2.9 million Tesla cars with FSD software

WASHINGTON, October 9, 2025: U.S. auto safety regulators have opened a formal investigation into nearly 2.9 million Tesla vehicles equipped with the company’s…

Cadillac’s new EV concept targets rugged terrain

Cadillac has unveiled its latest concept vehicle, the all-electric Elevated Velocity crossover, ahead of its public debut at The Quail, A…

Business

India forex reserves hit record $728.49bn on RBI data

MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on…