Nio is tightening its belthard. The EV maker has kicked off a sweeping round of layoffs across Europe and the U.S., aiming to cut global operating costs by 25%. Design and R&D tea ...
Major U.S. EV companies like Tesla and Rivian Automotive and China-based NIO Inc., Li Auto and XPeng Inc. released their ...
What went wrong with Nio stock? A drop in deliveries, rising losses, and a share sale sent Nio stock tumbling in recent weeks. Nio's delivery numbers announced on March 1 were a m ...
The merger will allow McLaren to launch new ICE and EV models. Technologies could also be borrowed from the Chinese EV brand ...
Despite a seemingly decent start to the year for Nio (NIO) and other Chinese stocks, driven by all the buzz around Trump’s tariff deals and the ...
Forseven CEO Nick Collins, who was formerly executive director of vehicle programmes at JLR, becomes CEO of the new business.
British car brand to merge with luxury EV maker to dramatically widen model range beyond sports cars
MCLAREN is set to break 62 years of tradition by merging with a luxury EV brand, aiming to expand its model range beyond ...
Abu Dabi investors CYVN Holdings, who already back British luxury car start-up Forseven and China's EV firm NIO, have completed the acquisition of supercar firm McLaren Automotive and promise to ...
McLaren Automotive will merge with British start-up firm Forseven following the acquisition of the British supercar maker by ...
China's startups surge in deep tech, while Indian firms focus on delivery apps. What's holding India back in AI, EVs, and semiconductors?
Germany’s Economy Minister thinks that this might be an opportunity for local brands.
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