India, the world’s fourth-largest automobile market, is undergoing a significant shift toward electric mobility, positioning itself at the forefront of the global EV transition. With EV sales crossing the 1 million mark in 2023, the country’s growing acceptance of electric vehicles signals a transformation that’s gaining momentum. Watch in for more details!

India’s EV Market Set To Soar By 2030

Toyota, GM and Volkswagen are among at least 28 major automakers that have joined a push to maintain key tax credits for electric vehicle (EV) purchases and get the highest level of fast lane paved ahead of the roll out of self-driving cars.

Automakers urge Trump to preserve EV tax credits, accelerate self-driving car deployment

Ford has announced the reduction of 40,000 jobs, citing high costs and disappointing electric vehicle (EV) sales as key factors. The company aims to streamline operations amid financial pressures.

Ford Blames High Costs and Weak EV Sales For Job Cuts

Honda Motor has revealed ambitious plans to dramatically enhance the driving range and efficiency of its electric vehicles through pioneering all-solid-state battery technology.

Honda heralds revolutionary battery technology to double EV range

With its commitment to sustainable practices, India's leading cement and ready mix concrete company, UltraTech Cement Limited, is expected to greatly increase its use of electric vehicles (EV trucks) in its logistics operations.

UltraTech Cement expands EV truck fleet for sustainable logistics

South Korean automotive giant Kia Corporation is standing firm on its ambitious electric vehicle (EV) targets despite acknowledging significant near-term market uncertainties and regulatory challenges across global markets.

Kia maintains ambitious 2030 EV target

The potential return of Donald Trump to the White House could pose significant challenges for Chinese electric vehicle (EV) manufacturers eyeing the US market, according to a detailed report by the South China Morning Post.

Trump's return might hurt Chinese EV makers

Slowing electric-vehicle adoption is likely to accelerate even further as President-Elect Donald Trump delivers on his promise to gut plug-in friendly policies he called the “green new scam”, according to a detailed report by Bloomberg.

EV growth projections for Trump era are being significantly revised downward

New tariffs are unlikely to stop Chinese electric vehicle (EV) firms from entering the European Union (EU) as their advantages in production and price will make their products competitive abroad, according to industry officials at the world’s largest trade show, as detailed in a report by South China Morning Post.

EU tariffs will not stop Chinese electric vehicles from entering bloc: Report

Let’s dive into one of the key issues shaping the upcoming US Presidential race: china’s rapid rise in high-tech manufacturing. From tariffs to strategic alliances, this next report explores the evolving relationship between the world’s largest economies.

Trump & Harris Face Off on China Trade Strategy

The European Union's plans to begin holding separate negotiations with electric vehicle (EV) manufacturers while continuing talks with China have been repeatedly warned about by China.

China issues new warning to EU over separate EV talks

Chinese automaker BYD is zipping ahead in the global race to make cheaper electric vehicles. While the US. Is trying everything it can to keep the rising brand out of the market, BYD is flooding global markets with its EVs. Take a look at this next report for more.

Is BYD 'Demolishing' Other Automakers?

The Department of Energy is racing the clock to complete USD 1.7 billion in grants to transition factory space for electric vehicle (EV) production, U.S. Energy Secretary Jennifer Granholm said Tuesday.

U.S. Energy Secretary promises swift action on USD 1.7 billion EV conversion grants

Delhi-based electric vehicle startup Euler Motors has entered the four-wheeler light commercial vehicle segment with the launch of Storm EV. It will be available in two variants - Storm EV T1250 for intra-city commutes and Storm EV Long Range for inter-city commutes.

Euler Motors launches Storm EV as India’s first four-wheeler LCV with ADAS features

Leapmotor, a Chinese automaker, is poised to enter the European market with two electric vehicle (EV) models, as announced by the company and its partner Stellantis on Tuesday.

China's Leapmotor and Stellantis open orders in Europe for budget EVs

BYD, China's leading electric vehicle manufacturer, is preparing to launch its second car carrier vessel, marking another significant step in its ambitious global expansion strategy.

BYD prepares to launch second 7,000-car carrier to fuel its global EV expansion

An electric vehicle manufactured by Mercedes-Benz erupted into flames in Incheon, South Korea, sparking widespread concern about the safety of battery-powered automobiles in recent months.

Mercedes Benz fire incident may slow down EV transition in South Korea

VinFast, the Vietnamese electric vehicle manufacturer, has reported significant financial results for the second quarter of this year. The company disclosed a substantial net loss of 18.

Vietnamese EV maker VinFast reports massive quarterly loss

The European Commission said on Thursday that it is stepping up its activities with China to prevent the introduction of import tariffs on EVs made in China. This comes after a meeting between EU Trade Chief Valdis Dombrovskis and China’s Commerce Minister Wang Wentao in the backdrop of the EU member votes on potential tariffs of up to 35.

EU and China intensify efforts to avoid Electric Vehicle tariffs

Chinese electric vehicle makers are ramping up production. Over 50 new electric and plug-in hybrid models are expected to hit the market in 2024. However, despite this surge, profitability remains elusive for most companies due to high development costs and a brutal price war.

China's EV industry faces global expansion hurdles

Electric motor start-up DeepDrive raised EURO 30 million (USD 33.5 million) to ramp up manufacturing of its low-cost, high-performing ‘dual rotor’ electric vehicle motors on Thursday.

DeepDrive secures USD 33.5 million to advance affordable EV motors

Lets' shift our focus on the battle between international and domestic automakers in Japan. While Japan’s leading car manufacturers are struggling in the Chinese market, Chinese automaker BYD is finding its own challenges in Japan.

BYD faces hurdles to sustain in Japan

The European Commission has announced that the deadline for Chinese electric vehicle (EV) manufacturers to submit price commitments as a means of avoiding potential tariffs has elapsed, with no further opportunity to revise their offers following their universal rejection.

Deadline for Chinese EV price offers expire, says EU

Mercedes-Benz is experiencing an intriguing shift in the Indian luxury car market, with an increasing number of first-time luxury car buyers opting for electric vehicles (EVs).

Mercedes-Benz notices increase in Indian buyers choosing EVs as first luxury car

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