The European Commission imposes a five-year “final countervailing duty” on Chinese electric vehicle (EV) imports. Chinese automakers like BYD, Geely, and SAIC face high
Samsung, meaning “three stars,” began as a grocery trading firm in Su-dong, South Korea, in 1938, founded by Lee Byung-chul. Initially focused on trading,
Ford’s “From America, For America” campaign aims to make premium vehicles more affordable for everyday Americans. The campaign includes broad savings on 2024 and
Tesla encounters significant challenges from shifting economic and geopolitical landscapes affecting investor confidence. Mizuho and other analysts express concerns about reduced delivery forecasts and perceived political controversies involving Elon Musk. Declining demand in crucial markets like China prompts Tesla to offer 0% APR on Model Ys, indicating strategic market adjustments. Insider selling by key figures, including Kimball Musk and James
Nissan invests 10 billion yuan ($1.4 billion) to expand in China’s electric vehicle (EV) market, highlighting China’s role as a key hub for automotive innovation. The company plans to introduce two new models, including the innovative Frontier Pro plug-in hybrid pickup truck,
The new electric vehicle boasts a driving range of 458 kilometers on a single charge, emphasizing efficiency and technological advancement. Designed for both highways and urban settings, it promises smooth, fatigue-free driving with enhanced commuting experiences. The inclusion of a CHAdeMO socket,
A routine traffic stop in Hezhou, China, on November 29, 2023, escalated when a police officer struck an unregistered electric bicycle rider with a baton. The incident raised significant public outcry, prompting swift action from the Hezhou Traffic Police Brigade, including suspending
Tesla delays the launch of the affordable Model Y, initially codenamed E41, now expected between Q3 or early next year. The company plans to produce 250,000 units by 2026 to strengthen its market position amid decreasing EV demand and global competition. Focus
Iran’s Oil Ministry is spearheading a transformative shift toward electrifying its transportation infrastructure. A new mandate requires every new fuel station in Iran to include at least one electric vehicle (EV) charging unit. The National Iranian Oil Refining and Distribution Company (NIORDC)
The EV & Carbon Neutral Fair 2025 at Osaka’s Grand Front Umeda Plaza showcases Japan’s commitment to a carbon-neutral future. Attendees can explore cutting-edge electric vehicles (EVs) from brands like Audi, Porsche, and Hyundai through immersive test drives. The event highlights sustainability
The global EV battery market is projected to grow from $90.94 billion in 2024 to $224.55 billion by 2034, signaling a major shift in transportation and energy sectors. Electric vehicles, favored for their efficiency and sustainability, are becoming essential due to urbanization
The 2025 Hyundai IONIQ 6 is celebrated as the best electric car, offering sleek design, cutting-edge technology, and impressive range and efficiency. The vehicle embodies luxury and sustainability, integrating state-of-the-art infotainment and autonomous systems. The 2025 Toyota Camry is recognized as the
Californian drivers are increasingly trading in their Teslas, indicating a shift in brand loyalty and consumer behavior. Trade-ins of Teslas increased by 250% in March, highlighting a break in the brand’s once-solid customer loyalty. Tesla’s saturation in California and Elon Musk’s political