Electric Vehicle
Suzuki Motor revises electric vehicle strategy
Suzuki Motor has adjusted its electric vehicle (EV) strategy, particularly in India, which remains its most critical market.
Japan-based Suzuki Motor has revised its EV launch plans, scaling back from...
Electric Vehicle
Mercedes-Benz EV sales drop, to add more petrol and diesel models
Mercedes-Benz is facing significant challenges in its electric vehicle business, prompting the company to shift its focus toward cost-cutting measures and a more balanced...
Electric Vehicle
Rivian projects decline in electric vehicle deliveries for 2025
Rivian has projected a decline in electric vehicle (EV) deliveries for 2025, despite aiming to achieve a modest gross profit by reducing raw material...
Electric Vehicle
EV makers want Europe to retain CO2 emission targets
The European Union is facing pressure from electric transport groups to reject the demands of European automakers seeking to weaken the 2025 CO2 emission...
Electric Vehicle
Who are the leaders in global EV market in 2024?
TrendForce’s latest research indicates that global sales of New Energy Vehicles (NEVs), including Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Fuel...
Electric Vehicle
Will $60 bn merger cancellation impact EV business of Nissan and Honda?
The breakdown of the $60 billion merger talks between Nissan and Honda has significant implications for their electric vehicle strategies, as both companies face...
Electric Vehicle
Ford EV business posts 35% drop in revenue to $3.9 bn in 2024
Automotive major Ford has reported 35 percent drop in revenue at its electric vehicle (EV) business to $3.9 billion in 2024.
Ford Model e Segment,...
Electric Vehicle
Toyota Motor reveals EV and battery production in China
Toyota Motor plans to establish a wholly owned company in Shanghai dedicated to developing and producing electric vehicles (EVs) and batteries for its luxury...
Electric Vehicle
Ferrari to roll out first fully electric vehicle (EV) in October
Ferrari is set to make history with the launch of its first fully electric vehicle (EV) in October, marking a significant shift from its...
Electric Vehicle
Tesla steps up cost efficiency, technological innovation, product expansion
Tesla CEO Elon Musk has revealed the electric vehicle maker’s multi-faceted strategy centered around cost efficiency, technological innovation, and product expansion.
Tesla’s production has reached...
Electric Vehicle
General Motors CEO reveals progress in EV strategy
General Motors has made significant progress in its EV strategy while increasing full-year revenue by 9 percent to $187 billion, with a 6 percent...