Chinese robotaxi firm Pony AI seeks up to $4.5 billion valuation in US IPO
Pony AI said on Thursday it was targeting a valuation of up to $4.48 billion in its initial public offering in the US.
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
Tesla's market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of favorable treatment with Trump's election.
Automakers brace for new tariffs, EV changes under Trump presidency
Automakers face Trump's tariffs on Mexican imports, potential EV rollbacks, risking billions in green tech and shifting production plans.
Norway speeds ahead of EU in race for fossil-free roads
Electric cars make up 96.4% of new car sales in Norway, which aims to be fossil fuel-free by next year.
Czech Republic joining Italy to fight carmakers’ CO2 fines
Czech Republic will join Italy in seeking to prevent carmakers from facing penalties when tougher CO2 emission rules take effect in the EU.
Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
More than 100,000 electric cars are now being imported into Ethiopia each month.
Toyota to get Suzuki’s first-ever EV as partnership expands
Suzuki's Indian unit will supply its first electric vehicle to Toyota, marking their first collaboration on green vehicles.
Toyota, NTT to make $3.3 billion R&D investment for AI self-driving, Nikkei reports
Toyota and NTT will invest $3.26 billion to develop AI software for self-driving cars, aiming for a working system by 2028.
Low-cost hybrid tech gives Renault breathing space in tough EV transition
Renault CEO Luca de Meo’s low-cost gearbox boosts the brand's position in Europe’s hybrid car market.
Shift to EV-only future would spell job losses, Toyota chairman warns
A shift to an electric vehicle-only future could result in job losses for those in engine-related technology.
