Electric Vehicle

GM Reshapes Electric Vehicle Business in 2025, Targets Lower Losses and Disciplined EV Growth

The financial result of General Motors indicated that the auto giant is recalibrating its electric vehicle (EV) business as it balances long-term electrification ambitions with near-term market realities. In full-year...

Electric Car Sales Overtake Petrol for First Time in EU as Tesla Loses Ground to Rivals

Fully electric car sales overtook petrol-powered vehicles for the first time in the European Union in December 2025, marking a symbolic turning point for...

Volkswagen Reports 32% Increase in BEV Deliveries Reaching 983,100 in 2025

Volkswagen Group achieved a significant milestone in 2025 with global deliveries of 983,100 all-electric vehicles (BEVs), marking a 32 percent increase over 744,600 units...

Geely Targets 6.5 mn Global Vehicle Sales by 2030 as EV Expansion Accelerates

Geely Holding has set a growth roadmap, targeting global vehicle sales of more than 6.5 million units by 2030 as it steps up competition...

Batteries Challenge Gas in EU Power Markets: 2025 Breakthrough from Ember Report

In a shift for Europe’s energy transition, batteries started competing with gas power in 2025, according to the latest Ember report. As wind and solar dominated daytime generation,...

India’s ACC PLI Scheme: Only 2.8% of Battery Manufacturing Capacity Commissioned by 2025

Despite goals to transform India into a global hub for electric vehicle (EV) battery production, the Advanced Chemistry Cell Production Linked Incentive (ACC PLI)...

Volvo Electrified Car Sales Performance 2025: Regional Trends Across Europe, China, and the US

Volvo Cars reported a decline in global electrified vehicle sales in January-December 2025, reflecting softer demand in key markets, despite growth in fully electric...

Rivian Misses 2025 EV Delivery Estimates as Demand Softens Ahead of Lower-Cost R2 Launch

Rivian, the U.S. electric vehicle maker, delivered 42,247 vehicles in 2025, down about 18 percent from the previous year. Rivian produced 42,284 electric vehicles for...

Tesla Loses Global EV Crown to BYD as Sales Decline Highlights Intensifying Competition

Tesla has ceded its position as the world’s largest electric vehicle maker to China’s BYD after annual sales fell for a second consecutive year,...

Hyundai and Kia Sharpen EV and Hybrid Strategy as They Target 7.51 mn Global Vehicle Sales in 2026

Hyundai Motor and its affiliate Kia are stepping up focus on electric (EV) and hybrid vehicles as they target combined global sales growth of...

Lucid Delivery Surges 55% in 2025 as Gravity SUV Gains Traction Despite EV Demand Headwinds

Electric vehicle maker Lucid Group reported 55 percent increase in full-year 2025 deliveries, supported by strong early demand for its lower-priced Gravity SUV even...