All posts - Tag: Electric Vehicles
Intense Competition Redefining the Global Electric Vehicle Market
A fierce battle for survival is underway in the leading market for electric cars, likened to a high-stakes race where not all contenders will make it to the end.
IEA Reports Positive Outlook for Electric Vehicle Growth
The International Energy Agency forecasts a significant uptick in global electric vehicle sales, projecting a 20% increase to 17 million units in the current year. The surge is largely attributed to t...
Tesla slashes prices in key markets amidst escalating competition
Following a recent price reduction in the U.S., Tesla has made bold moves by lowering prices in China and Germany. The renowned electric vehicle manufacturer is strategically combating declining sales...
Tesla sales decline exceeds projections
Tesla experienced a significant decline in sales compared to expectations, marking its first annual decrease in sales since the onset of the pandemic. The rise in competition from both Chinese and Wes...
Hertz opts for gasoline cars, selling off 20,000 electric vehicles
Hertz shifts focus, selling 20,000 electric vehicles to invest in gasoline cars The move aims to adapt to evolving market demands and enhance their vehicle fleet
China to Surpass Japan as Global Auto Export Leader by 2023, Predicts Industry Group
China set to overtake Japan as top auto exporter in 2023, driven by robust demand in Russia and surging global interest in electric vehicles (EVs)
Xiaomi Aims to Develop a Car Comparable to Porsche and Tesla
Xiaomi joins the electric vehicle race with its first electric car, following in the footsteps of other Chinese tech giants like Huawei Aiming to rival industry leaders Porsche and Tesla, Xiaomi's ent...
From iPhones to EVs: Foxconn's CEO Sets Sights on Electric Vehicles
Foxconn, the renowned manufacturer of iPhones, led by CEO Liu, aims to diversify its expertise Venturing into electric vehicles, the company seeks to leverage its strong global supply chain and expand...
Potential Title: Impact of New US Regulations on Chinese Battery Imports on Electric Vehicle Costs
US regulations targeting Chinese batteries could potentially increase the cost of electric cars for American consumers, as the government aims to restrict their use in vehicles sold in the United Stat...
Nissan spearheads £25 billion investment to manufacture two additional EVs in the UK
Nissan's £112 billion ($14 billion) investment to manufacture electric crossovers in the UK bolsters the country's auto industry, aligning with the growing shift towards electric vehicles
