Daewoo to make India comeback now with e-bikes, e-cycles, and more
MUMBAI, 27 October 2023: Daewoo, a name familiar to many for its cars like Matiz and Cielo in India, is set to make a triumphant return to the country. However,….
Category: Global
Globally, electric vehicle sales reached 14.2 million in 2022. This represents a significant increase from 2021, when EV sales accounted for 9% of new car sales. The top 5 countries by EV sales were China, Europe, the United States, Norway, and South Korea. The global EV market size was USD 280 billion in 2022 and is expected to grow to USD 1 trillion by 2026.
Stellantis now invests $1.5B in Leapmotor, bolstering global ev business
AMSTERDAM, 26 October 2023: Stellantis NV and Leapmotor are joining forces in a strategic partnership that involves a substantial investment of approximately USD 1.58bn (€1.5bn). This investment marks Stellantis as….
California Energy Commission awards $1.88M to EVCS for EV charger installation in Southern California
LOS ANGELES, 26 October 2023: EVCS, a prominent electric vehicle (EV) fast-charging network operator, has received a grant of USD 1.88m from the California Energy Commission’s (CEC) Reliable, Equitable, and….
KBRA: European auto ABS market poised for growth with increasing battery EV adoption
LONDON, 26 October 2023: KBRA UK presents a comprehensive research report delving into the residual values (RV) of battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs) within the European….
Colorado’s Bold Move: One Million Electric Vehicles by 2030
COLORADO, 25 October 2023: Colorado is taking a monumental step towards cleaner air and a sustainable future. With the adoption of the Colorado Clean Cars standard, the state is set….
PIF, Hyundai Joint Venture: New Auto Plant in Saudi Arabia
RIYADH, 25October 2023: In a groundbreaking partnership, the Public Investment Fund (PIF) and Hyundai Motor Company are set to establish a state-of-the-art automotive manufacturing plant in Saudi Arabia. This joint….
LITEON, Power Innovations showcases new level 3 DC fast charger
TAIPEI, 21 October 2023: In a groundbreaking move, LITEON Technology proudly introduces its latest achievement – the Level 3 Electric Vehicle (EV) DC fast charger. Developed in partnership with Power….
Honda now develops autonomous work vehicle for airfield use
TORONTO, 19 October 2023: In an exciting development at the Toronto Pearson Airport, Honda unveiled its fully electric prototype Honda Autonomous Work Vehicle (AWV). This innovation holds the potential to….
Sturdy CharIN, ACM collaborate to enhance EV charging interoperability
MICHIGAN, 18 October 2023: In a significant move to advance electric vehicle (EV) charging standards and interoperability, the Charging Interface Initiative Inc (CharIN Inc) and the American Center for Mobility….
BMW group’s focus on regional supply chain to boost North American E-Mobility
MUNICH, 18 October 2023: BMW Group is taking significant steps to accelerate its e-mobility expansion, with a keen focus on regional supply chains following the “local for local” principle. By….