Automotive Industry
Latest news, explainers and analysis on Automotive Industry. Tracking 3 stories on Arth Vani.
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Latest on Automotive Industry
LG Energy Solution Begins EV Battery Production at US Plant in Lansing
LG Energy Solution (LGES), a prominent global manufacturer, has officially started producing electric vehicle (EV) batteries at its new facility located in Lansing, United States. This strategic move aims to strengthen the EV supply chain and support the growing demand for electric vehicles in the North American market.
Mahindra & Mahindra Eyes Global Expansion into Key Markets with New Vehicles
Indian automotive major Mahindra & Mahindra is actively evaluating a significant international expansion, focusing on markets like South Africa, the UK, Australia, New Zealand, and various Latin American countries, including Brazil. This strategic move aims to bolster the company's global footprint through the introduction of new pickup trucks and passenger vehicles.
Toyota Expected to Announce Fifth Consecutive Profit Decline Amid Japan Quake Fallout
Toyota is anticipated to report its fifth straight quarterly profit drop, according to a preview from Mint Companies. This expected decline comes as investors are closely assessing the broader economic impact, particularly from the recent Japan earthquake.
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