In a significant move, General Motors (GM) has announced its intention to divest its stake in a multi-billion dollar electric vehicle (EV) battery cell plant located in Michigan. The decision to sell its interest in the $2.6 billion facility to LG Energy Solution, a strategic partner, underscores GM’s evolving strategy in an increasingly competitive market
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Jaguar, the iconic British automotive brand, has taken a bold step into the future with the unveiling of its newest all-electric concept car, dubbed “Type 00.” Revealed on a notable night, this concept marks a significant shift in the company’s design ethos, moving away from its heritage of sporty vehicles towards a more modern, minimalistic
The automotive industry is no stranger to turbulence, but recent developments at Stellantis have caused a significant stir. Carlos Tavares, the CEO of Stellantis, unexpectedly resigned, igniting discussions about the leadership and direction of one of the world’s largest automobile manufacturers. This departure appears to stem from increasing tensions between Tavares and the board of