Electric Vehicle
Japan’s EV Investments Could Cut Oil Imports, Boost Energy Security and Create Growth Opportunities
Japan can significantly reduce its dependence on imported oil and strengthen long-term energy security by accelerating electric vehicle (EV) adoption, according to a new report from the Institute for...
Electric Vehicle
Scania Invests €70 mn in France to Expand Electric Truck Production Capacity
Scania has announced a €70 million investment in its production facility in Angers, France, as part of its strategy to accelerate the transition to...
Electric Vehicle
Global NEV Sales Reach 3.94 mn in Q1 2026 as Tesla Regains BEV Lead Overtaking BYD
Global new energy vehicle (NEV) sales reached 3.94 million units in the first quarter of 2026, representing a 2 percent year-on-year decline, according to...
Electric Vehicle
Volvo Cars Targets 90-100% Electrified Sales by 2030 as EV Expansion Accelerates
Volvo Cars highlighted strong momentum in its electrification strategy, revealing that electrified vehicles accounted for 46 percent of total company sales, underscoring the growing...
Electric Vehicle
Global EV Charging Infrastructure Expands Rapidly as Ultra-Fast Chargers and Investments Surge
The global electric vehicle (EV) charging infrastructure market is witnessing unprecedented expansion as rising EV adoption drives massive investments in public charging networks, ultra-fast...
Electric Vehicle
India EV Market Gains Momentum as Electric Car Sales Jump 75% in 2025: IEA
India’s electric vehicle (EV) market is accelerating, with electric car sales rising 75 percent year-on-year in 2025 to reach 165,000 units, according to the...
Electric Vehicle
Global EV Market Hits Turning Point as Sales Cross 20 mn, China Invests Aggressively in Battery and AI-Driven Electric Vehicle Ecosystem
The global electric vehicle (EV) industry entered a historic expansion phase in 2025, with worldwide electric car sales surging 20 percent to exceed 20...
Electric Vehicle
Global EV Sales to Hit 23 mn in 2026 as China Dominates Electric Vehicle Boom, Says IEA
Global electric vehicle (EV) sales are set to maintain strong momentum in 2026 despite geopolitical tensions and energy market disruptions, with worldwide electric car...
Electric Vehicle
Scania Wins Sweden’s Largest Electric Bus Deal as VR Orders 91 Battery-Electric Buses for Sodertalje
Scania and VR Group have signed one of Sweden’s largest battery-electric bus agreements, with VR Sweden ordering 91 electric buses for operations in Sodertalje...
Electric Vehicle
Xiaomi EV business surpasses RMB100 bn, scales rapidly with strong demand and expansion in 2025
Xiaomi Corporation has strengthened its position in the electric vehicle market, with its smart EV business emerging as a major growth engine in 2025....
Electric Vehicle
Electric Vehicles Cut Global Oil Demand by 1.7 Million Barrels Per Day in 2025
The adoption of electric vehicles (EVs) is reshaping global energy dynamics, with analysis from Ember revealing that the global EV fleet avoided the consumption...