Mercedes-Benz’s 2024 outlook was affected by slower economic growth, supply chain bottlenecks, and trade tensions between China and both the US and EU.

BluSmart operates close to 6,000 EVs and has completed over 12 million all-electric trips, having covered 400 million all-electric kilometres.

Stellantis announces substantial investment in Hungary facility to scale up electric drive module production

French government halts subsidised electric vehicle lease program due to overwhelming demand, plans expansion amidst surge in interest

The ministry’s guidelines urge NEV manufacturers to actively address foreign trade restrictions by enhancing collaboration with overseas firms.

The House of Lords report advocates for targeted subsidies to make EVs more accessible, particularly for lower-income car owners.

With bookings officially opening on January 26, 2024, the company aims to bring the charm of Luna back on the roads in an eco-friendly form.

This development comes as tensions between China and the EU intensifies, partly influenced by Beijing’s closer ties with Moscow post-Russia’s invasion of Ukraine.

Amid a shifting focus towards hybrid models, Ford cuts production of the F-150 Lightning pickup due to lower-than-expected demand for electric vehicles

Aiming to expand its presence in the Southeast Asian market, China’s BYD launches three EV models in Indonesia