As European consumers increasingly seek affordable EV options, Hyundai’s entry could significantly reshape the market dynamics.
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INDUSTRY NEWSLatest News
European governments compete for Chinese EV investment despite import tariff concerns
by Biplab Dasby Biplab DasChinese EV makers, including BYD, Chery Automobile, and SAIC Motor, are keen to establish manufacturing plants in Europe.
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The industry remains cautiously optimistic. Post-election stability and continuity in the government are expected to boost infrastructure projects and economic activities.
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INDUSTRY NEWSLatest News
Tesla confirms no major Model Y update for 2024
by Biplab Dasby Biplab DasTesla’s approach underscores its commitment to incremental improvements rather than major overhauls.
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Despite criticisms surrounding the weight and potential for harmful emissions when the batteries are not charged, BYD sold an impressive 1.5 million PHEVs last year,
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They are less inclined to respond to every price spike with a major boost in drilling that ultimately floods the market with oil and depresses …
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German Chancellor Olaf Scholz has voiced concerns over potential trade restrictions, urging for fair and open automotive trade as the European Union prepares to impose …
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Arjun Maini (India) continued his impressive run in the 2024 DTM season with a podium finish at Circuit Zandvoort in the Netherlands. Driving for Mercedes-AMG …
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This flight held a special significance as it marked the final commercial voyage for Virgin’s VSS Unity spaceplane
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Iraq’s Oil Minister Hayan Abdel-Ghani reported progress in discussions with Kurdish officials and international companies operating in the region, aimed at reaching an agreement to …