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In an effort to increase profitability in the face of intensifying competition, EV manufacturer Lucid Group said on Monday that it will lay off roughly 18% of its US personnel and that COO Marc Winterhoff has departed the firm. This was the company’s second significant managerial move in recent months. The company’s shares were down…
This week on NDTV AutoMate, we bring you a special global episode as Editor Siddhartha Sharma travels to Tel Aviv, Israel, for one of the world’s most influential mobility events – the Samson International Smart Mobility Summit 2026. Set against the backdrop of a country known for resilience and innovation, this summit – initiated by…
Seoul: Electric vehicle (EV) models produced by South Korea’s Hyundai Motor and Kia have received top ratings in major global car crash safety tests, the automakers said on Sunday. According to the companies, five Hyundai and Kia EV models utilising the E-GMP, Hyundai Motor Group’s proprietary EV platform, achieved the highest rating of five stars…