BYD Co. has overthrown Volkswagen AG to become China’s best-selling car brand in 2023, Bloomberg reported on …
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FeatureTech newsTech/AI
Swedish Northvolt borrows $5 bln to expand lithium battery plant
by Sama Mousaby Sama MousaSweden’s lithium-ion battery producer Northvolt raised $5 billion in the largest green loans raised in Europe to …
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Africa NewsEgypt NewsFeatureIndustry & TradeNewsTech newsTech/AI
Volkswagen CEO hails Egypt’s EV manufacturing progress at Africa Automotive Show 2023
Martina Biene, Volkswagen Group South Africa’s chairperson and president of the African Association of Automotive Manufacturers (AAAM), …
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FeatureInternational NewsMoneyNewsTech newsTech/AI
VW to invest $193 bln over 5 years to meet EV target
by Sama Mousaby Sama MousaGerman Volkswagen automaker is planning on investing around $193 billion over the next five years in fields …
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International NewsMoneyNewsTech news
Volkswagen targets productivity in challenging year
by Sama Mousaby Sama MousaGerman car maker Volkswagen’s executives said on Wednesday that they need to focus on productivity to cope …
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FeatureLife StyleNews
Toyota remains world’s top selling automaker for 3rd year in row
by Nada Aliby Nada AliJapan-based Toyota Motor Corporation (TMC) announced its sales on Monday that reached 10.5 million vehicles in 2022, …
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European stock markets seesawed in morning trade Thursday as global equities trod carefully amid nerves over central …
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Industry & Trade
Inter Cairo Plans to launch Plant for Aluminum sections in Oasis with US$500mn
by Salma Aymanby Salma AymanInter Cairo Company for aluminum industry is aiming to launch new factory for aluminum with the participation …