First Production Ready Rimac Nevera Takes to the Streets

Businesscafe - After five years of development and testing, three generations of powertrain technology, 18 prototypes, 45 physical crash tests and more than 1.6 million collective hours of research and development, the very first full production version of the Rimac Nevera has rolled off Rimac’s new production line.

ZEEKR Brings New Attitude in Major OTA Updates

Businesscafe - Premium electric mobility brand ZEEKR, has today announced a vast array of upgrades to its 001 vehicle, signaling a bold vision for the future of luxury drive and autonomy.

Toyota Motor s net corporate debt of 186B is the highest in the world

Businesscafe - Toyota Motor Company is the world's most indebted corporation.

ARES Modena and Majestas Group Renew Partnership for Summer 2022

Businesscafe - ARES Modena, an innovative luxury coachbuilder, announced today that the collaboration that started in 2021 with the Majestas group, a famous player in the field of entertainment and elite hospitality, will also continue throughout the summer of 2022.

 Yadea Unveils the Guanneng 3 with Breakthrough Long Battery Life

Businesscafe - On June 28, Yadea launched its latest offering in the popular Guanneng range globally, which represents a new generation of long-range, intelligent electric vehicles and features breakthrough long-lasting battery technology.

 Gordon Murray Group

Businesscafe - The Gordon Murray Group has today announced its new Technology Division, a boost to its leadership, and new facilities in the UK and the US, to propel the business to even greater future growth and success.

New Driving Change ESG charter commits Lotus to become firstestablished sports car maker to go fully electric

Businesscafe - Lotus has launched ‘Driving Change’, its new Environmental, Social and Governance (ESG) Charter.

 Tesla APAC hiring activity nosedives 87 YoY in June 2022 amid layoff concerns finds GlobalData

Businesscafe - Tesla Inc’s (Tesla) job postings in the Asia-Pacific (APAC) region decreased by 87% year-on-year (YoY) from 362 jobs in June 2021 to 48 jobs in June 2022*, according to the Job Analytics database of GlobalData, a leading data and analytics company.

The Ceylon Motor Traders Association holds 102nd Annual General Meeting

Businesscafe - The Ceylon Motor Trader’s Association (CMTA) affiliated to the Ceylon Chamber of Commerce and one of the oldest automotive trade associations in South Asia comprising of companies who are franchise holders of global automobile manufacturers, held its 102nd Annual General Meeting on 29th June 2022 as a virtual event, due to the mobility issues resulting from the current fuel shortage in the country.

DIMO and Tata Motors Limited launch the first locally assembled DIMO Batta HT2 vehicles

Businesscafe - DIMO, a leading diversified conglomerate in Sri Lanka, together with Tata Motors Limited, launched its first batch of locally assembled DIMO Batta HT2 trucks.