Tesla adapts to shifting EV landscape by implementing price cuts on Model Y in Europe amidst market challenges and intensifying competition
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The collaboration plans for North American factory to produce silicon-graphite anode materials for 1 million electric vehicles annually
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Northvolt advances European EV battery ambitions by confirming investment in state-of-the-art plant in Germany, creating 3,000 jobs
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INDUSTRY NEWSLatest News
Volkswagen reports 12% growth in sales last year, buoyed by mass-market brands
German multinational automotive manufacturer Volkswagen Group reported an increase in sales in 2023, buoyed by its mass-market cars and premium brand Audi. The sales last …
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Investigators from the European Commission will inspect Chinese automakers in the coming weeks to decide whether to impose punitive tariffs on them to protect European …
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INDUSTRY NEWSLatest News
Global EV sales grow by 31% in 2023, reflecting market maturity
by Biplab Dasby Biplab DasMarket research firm Rho Motion reveals that global sales of fully electric and plug-in hybrid vehicles (PHEVs) exhibited a 31% increase in 2023, signaling a …
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Last year, Zeekr sold 118,685 cars, witnessing a 65% growth as compared to 2022. However, it missed its target of selling 140,000 units.
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In November last year, VinFast appointed Pham Sanh Chau as its India CEO, who is a Vietnamese politician, educator and diplomat.
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In 2023, both Hyundai and Kia sold 7.3 million vehicles, about 3% less than their combined target of 7.52 million.
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Tesla increased discounts and offered incentives like six months of free fast charging if customers took deliveries by December-end.