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General Motors (GM) is laying off about 1,000 software employees worldwide to concentrate on more important projects, such as enhancing its Super Cruise driver assistance system, improving its infotainment platform, and exploring artificial intelligence (AI). According to GM spokesperson Stuart Fowle, the layoffs aren’t about saving money or employee performance but are aimed at helping the company stay competitive in the growing market of software-defined vehicles.
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Foxconn & Mitsubishi Forge EV Alliance for Oceania Launch in 2026 Foxconn, renowned for assembling Apple’s iPhones, is venturing into electric vehicles (EVs) through its subsidiary, Foxtron Vehicle Technologies. The company has signed a memorandum o
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Ola’s Q1 FY26 Ola Electric reported a net loss of ₹428 crore in Q1 FY26, up from ₹345 crore the same time last year. That might sound like a setback, but what actually stands out is the shift happening beneath the surface. For the first time ever, O
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