Chinese EV maker Nio is aiming to raise as much as $1.3 billion with a U.S. initial public offering that would give it a valuation topping $8 billion as it gears up to take on the likes of Tesla.
The company is aiming to raise as much as $1.3 billion, offering 160 million American depositary shares at $6.25 to $8.25 each.
Aston Martin CEO Andy Palmer says he intends to float the company by the end of the year, completing a turnaround after new models and a sales surge helped the brand to return to profitability following chronic losses.
Tips & advice
29 Aug, 2018
For many drivers a no claims bonus is the ticket to cheaper car insurance. We explain what it is and how to earn it
India's Mahindra and Mahindra is seeking an injunction against Fiat Chrysler to stop FCA from proceeding with a patent violation complaint aimed at stopping Mahindra from exporting a Jeep-like vehicle to the U.S.
Tips & advice
29 Aug, 2018
Temporary car insurance is handy if you need short-term insurance cover on a car fast. Here we explain what it is and how to get it
A proposed U.S.-Mexico trade deal would allow President Donald Trump to impose punitive tariffs of up to 25 percent on imports of Mexican-made cars, SUVs and parts, auto executives and sources told Reuters.
Ford is deploying cameras mounted on drones to safely and efficiently inspect high-rise gantries, pipework and roof areas at the company's Dagenham Engine Plant in the UK.
Tata-owned Jaguar Land Rover has fitted 'virtual eyes' to intelligent pods to understand how humans will trust self-driving vehicles, as research studies suggest that as many as 63% of pedestrians worry about how safe it will be to cross the road in the future.
News
29 Aug, 2018
Analysis shows average motorist pays £90 over the odds per vehicle per year; widespread MoT confusion also uncovered
Eberspaecher and China Yuchai International have inked a contract to form a joint venture - Eberspaecher Yuchai Exhaust Technology.
PSA has halted production of the Peugeot 308 at its plant in Sochaux, France, after the factory ran out of manual gearboxes.
BC Hydro has unveiled seven electric vehicle fast-chargers on Vancouver Island, allowing drivers to travel between Ucluelet, Campbell River and Sidney.
Designed and engineered at JLR's development centres in the UK, the Range Rover Velar plugs a gap between the Evoque and Sport. Continuing QUBE/just-auto's review of interior design and technology trends, we take a closer look inside this mid-size SUV to see what differentiates it from its siblings.
In less than a year since buying Opel from GM, PSA CEO Carlos Tavares has taught the German automaker how to profitably produce low-margin cars in a high-cost country.
India has unveiled two charging stations, one fast (DC) and the other, slow (AC), in Udyog Bhawan, New Delhi, as part of its EV drive for the country.
Opinion
29 Aug, 2018
The British brand needs to capitalise on the progress it’s made with the electric I-Pace, writes John McIlroy
India's Mahindra and Mahindra is seeking an injunction against Fiat Chrysler to stop FCA from proceeding with a patent violation complaint aimed at stopping Mahindra exporting a Jeep-like vehicle to the U.S.
Aston Martin CEO Andy Palmer says he intends to float the company by the end of the year, completing a turnaround after new models and a surge in volumes helped the brand return to profitability following years of losses.
Renault said its coupe-styled Arkana crossover would appeal to Russian tastes for distinctive SUVs.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up