'Three As' philosophy of the the Japanese giants underpins their new car brand's business model
Lotus Technology will build 90,000 'lifestyle'-focused Lotus EVs annually by 2028
China-based Lotus Technology valued at £4.38 billion as it merges with SPAC firm for Nasdaq listing
Ford cut pricing of Mustang Mach-E GT in US by up to $5900 following Tesla's reductions
Some manufacturers are responding to Tesla's significant discounts with their own price reductions
Luca de Meo (pictured) replaces BMW CEO Oliver Zipse as president of the ACEA
Renault Group boss Luca de Meo speaks for first time as head of European car industry lobby group
Toyota sold 24,466 electric cars in 2022, largely thanks to new bZ4X
Increase in global production volumes despite parts shortages has Japanese firm retake the top spot
Nissan will invest in Ampere, Renault's new electric vehicle division
Proposed changes will give each company equal voting rights in the other, subject to board approval
Range Rover models ordered now will arrive with customers in 2024
Flagship SUV models make up 75% of sales, while Evoque and Discovery Sport sales dwindle
The fleet industry previously said AERs had not kept up with rising energy prices
Quarterly reviews will use ONS domestic electricity data to work out business mileage
Fabrice Cambolive has been promoted from chief operating officer at Renault
Fabrice Cambolive to take over as brand boss to boost progress in “high-value segments”
Of Tesla's 1.31 million deliveries, a staggering 1.24 million were Model 3 and Model Y cars
Tesla’s total annual revenue increased 51% year on year to $81.5 billion, doubling its net income to $12.6 billion
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