Electric Vehicle
BYD revenue surges 29% thanks to cost-effective EV models
BYD has emerged as a dominant force in the global electric vehicle industry, achieving remarkable financial growth and market expansion.
BYD reported a record-breaking net profit of 15 billion yuan...
Electric Vehicle
Electric car sales surge 25% contributing to cut in CO2 emission
Global electric car sales surged by over 25 percent in 2024, exceeding 17 million units and accounting for more than 20 percent of total...
Electric Vehicle
Xiaomi steps up target for EV delivery
In response to the strong market demand, Xiaomi revised its EV delivery targets multiple times. Initially, the company set a goal of delivering 76,000...
Electric Vehicle
Gartner’s views on India strategy for Tesla
Following its record-breaking EV deliveries and energy storage deployments in Q4 2024, Tesla’s entry into India is generating buzz in the country’s EV market.
Tesla...
Electric Vehicle
BYD EV charging offers 400 km in five minutes
BYD has announced its latest EV charging technology called “super e-platform” marking a significant breakthrough in the electric vehicle sector.
BYD has 16 percent share...
Electric Vehicle
LG Energy presents innovative battery technologies at InterBattery 2025
LG Energy Solution has presented its innovative battery technologies for EV and non-EV applications in InterBattery 2025 from March 5 to 7 at COEX...
Electric Vehicle
What’s the size of EV battery materials market?
The market for EV battery cell and pack materials is growing fast. It is expected to increase from $21.1 billion in 2024 to $48.7...
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...
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...