On Tuesday, February 7, 2023, the head of AvtoVAZ, Maxim Sokolov, signed documents to acquire the former Nissan Manufacturing RUS plant in St.

Honda is getting ready to switch off its engines as part of a radical restructuring leading to an all-electric future.

Volkswagen AG's main plant in Wolfsburg may face historically low production levels this year, and a faster transition to electric vehicles will be required to remain competitive, according to senior officials from the German automaker.

Volkswagen is setting up a new battery systems plant for electric vehicles in Hefei, eastern China, which will be ready for production in 2023.