Ram resurrects Hemi engine for popular pickup trucks in ‘Symbol of Protest’

Michael Wayland / CNBC DETROIT — Stellantis said Thursday it is resurrecting its popular V-8 Hemi engine for its Ram 1500 full-size pickup trucks beginning this summer. The company discontinued the 5.7-liter engine amid tightening fuel economy regulations and a companywide push toward electric vehicles and more efficient engines last year under ex-Stellantis CEO Carlos… Continue reading Ram resurrects Hemi engine for popular pickup trucks in ‘Symbol of Protest’

Tesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever

Elon Musk reacts during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Shares of Tesla fell 14% on Thursday as President Donald Trump threatened to pull government contracts for CEO Elon Musk‘s companies, escalating a war of words… Continue reading Tesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever

Involution or evolution? China wants to stop the EV price war, but analysts are doubtful

A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images BEIJING — As China’s electric vehicle price war intensifies, its top leaders have sounded the alarm with high-profile calls to halt… Continue reading Involution or evolution? China wants to stop the EV price war, but analysts are doubtful

Auto industry sounds the alarm as China’s rare earth curbs start to bite

Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters Automotive industry groups are increasingly worried about a rare earth shortage. Several European auto supplier plants and production lines have already been shut down due to China’s recent export controls, according to… Continue reading Auto industry sounds the alarm as China’s rare earth curbs start to bite

India’s EV Market Resets Post-Subsidy; BNP Paribas Sees Strong Structural Growth Ahead

India’s electric vehicle market is entering a phase of recalibration. The revision of subsidies under the PM E-DRIVE scheme in FY26 — slashed from Rs. 5,000/kWh (capped at Rs. 10,000/vehicle) to Rs. 2,500/kWh (capped at Rs. 5,000/vehicle) — has prompted a short-term correction, particularly in the electric two-wheeler (E2W) segment. However, the broader trend suggests… Continue reading India’s EV Market Resets Post-Subsidy; BNP Paribas Sees Strong Structural Growth Ahead

India’s EV Market Resets Post-Subsidy; BNP Paribas Sees Strong Structural Growth Ahead

India’s electric vehicle market is entering a phase of recalibration. The revision of subsidies under the PM E-DRIVE scheme in FY26 — slashed from Rs. 5,000/kWh (capped at Rs. 10,000/vehicle) to Rs. 2,500/kWh (capped at Rs. 5,000/vehicle) — has prompted a short-term correction, particularly in the electric two-wheeler (E2W) segment. However, the broader trend suggests… Continue reading India’s EV Market Resets Post-Subsidy; BNP Paribas Sees Strong Structural Growth Ahead

Volvo software boss to join free Autocar-Siemens webinar on 25 June

Technology giant Siemens has been named as the sponsor of the 2025 Autocar Awards, which will celebrate the people and organisations shaping the future of automotive – as well as the best cars on sale. This year’s awards ceremony takes place on 24 June, where Autocar and Siemens will name the industry’s most innovative and… Continue reading Volvo software boss to join free Autocar-Siemens webinar on 25 June

OPPO Signs Patent Licensing Deal with Volkswagen for Connected Vehicles

OPPO has signed a global patent licensing agreement with Volkswagen Aktiengesellschaft to license its cellular standard-essential patents portfolio, including 5G technology, to the automotive group. The agreement allows Volkswagen to use OPPO’s cellular standard-essential patents in its connected vehicle offerings across its global product lineup. “We are delighted to collaborate with Volkswagen through this patent… Continue reading OPPO Signs Patent Licensing Deal with Volkswagen for Connected Vehicles

Charge Zone Launches ‘Shwa’ Art Initiative at Supercharging Stations on World Environment Day

Charge Zone, one of India’s leading electric vehicle charging networks, has launched ‘Shwa’, a public art initiative aimed at transforming EV Supercharging stations into cultural spaces that engage the public with themes of sustainability and community. Announced on World Environment Day, the project brings large-scale murals created by Indian artists to highway charging stations, beginning… Continue reading Charge Zone Launches ‘Shwa’ Art Initiative at Supercharging Stations on World Environment Day

Praj Industries Partners with Enersur S.A. for Biorefinery Project in Paraguay

Praj Industries has announced a collaboration with Paraguay’s Enersur S.A. to develop a fully integrated biorefinery project in Paraguay. The project will produce ethanol along with co-products such as distillers dried grains with solubles (DDGS), corn oil, biogas, bio-bitumen, and sustainable aviation fuel (SAF). The agreement was signed in the presence of Santiago Peña Palacios,… Continue reading Praj Industries Partners with Enersur S.A. for Biorefinery Project in Paraguay