Electric Vehicle
Kia lowers EV target as per new strategy
Kia Corporation has outlined a dynamic and evolving electric vehicle (EV) strategy aimed at balancing growth, profitability, and adaptability to market conditions.
Kia has revised...
Electric Vehicle
Mercedes-Benz EV sales drop 10% in first-quarter
Mercedes-Benz has reported a 10 percent decline in battery electric vehicle (EV) sales in the first quarter of the year, with 45,500 units delivered...
Electric Vehicle
Tesla sales drop 13% as Elon Musk’s political affiliations spark protest
Tesla has reported deliveries of 336,700 electric vehicles in the first quarter of 2025, representing a 13 percent decline from the same period in...
Electric Vehicle
India’s electric vehicle (EV) market reaches 1.96 mn units in 2024-25 fiscal
The size of India’s electric vehicle (EV) market has reached 1.96 million units in terms of EV registrations — a 17 percent increase in...
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...
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...