AUTOMAKERS

Oct 24 2024BUSINESS

Ford CEO’s Surprise: Why He’s Sticking with Xiaomi's EV

You might know Ford as a classic American car company. However, the CEO of Ford, Jim Farley, has a surprise for us. He's been driving Xiaomi’s electric vehicle (EV) for the past six months and he loves it! Farley, who usually avoids talking about the competition, couldn’t help but share his enthusiasm. Xiaomi's EV, known as the SU7, is making waves in China, selling ...

reading time less than a minute
Sep 15 2024BUSINESS

A New Era for the Auto Industry: Hyundai and GM Partner Up

As the global automotive industry is constantly evolving, two of the world's leading carmakers, Hyundai and General Motors (GM), have agreed to join forces in an effort to accelerate innovation and cut costs. The historic collaboration aims to develop new vehicles, streamline supply chains, and foster the advancement of clean energy technologies. With the ever-increa...

reading time about 1 minute