Volkswagen could lay off 15,000 workers as it considers closing multiple plants in Germany and Belgium. The move could save the company billions in the face of stiff competition.

Sheikh Mohammed bin Rashid met Nissan’s CEO to discuss global partnerships and Dubai’s growing automotive market, highlighting the city’s position as a trade hub.

Volvo revises its 2030 electrification target, now aiming for 90% to 100% electric or hybrid vehicles, citing slow market adoption and infrastructure challenges.

Volkswagen warns of potential German plant closures as economic challenges mount, drawing sharp criticism from unions.

The Biden administration allocates $521 million to significantly expand the US EV charging network, targeting over 9,200 new ports nationwide.

Canada sets significant tariffs on Chinese EVs to protect jobs and counteract unfair trade practices, aligning with global economic strategies.