Electric Vehicle
EV market sees significant growth in Q2 2024, driven by Chinese brands
TrendForce’s latest report reveals that global sales of New Energy Vehicles (NEVs) have surged in the second quarter of 2024, reaching 3.769 million units....
Electric Vehicle
BMW overtakes Tesla in European electric vehicle sales for the first time
BMW has emerged as the leader in the European battery electric vehicle (BEV) market for the first time, surpassing U.S. automaker Tesla, according to...
Electric Vehicle
Volvo Trucks secures order of 300 electric trucks from DSV
Volvo Trucks has signed an agreement with global logistics giant DSV for the delivery of 300 electric heavy trucks. This deal represents one of...
Electric Vehicle
Xiaomi delivers 27,307 electric vehicles and generates RMB6.2 bn
Xiaomi today revealed it generated revenue of RMB6.4 billion from smart Electric Vehicle (EV) and other related initiatives during the second quarter of 2024.
Xiaomi’s...
Electric Vehicle
LG Energy Solution offers safety diagnostics software to EV makers
LG Energy Solution said it will offer Battery Management System (BMS) solutions to its electric vehicle (EV) clients.
LG Energy Solution’s safety diagnostics software analyzes...
Electric Vehicle
Tesla to receive reduced tariffs on China-built EV cars exported to EU
Tesla is poised to benefit from a reduced tariff on its China-manufactured electric vehicles exported to the European Union (EU), following revisions by the...
Electric Vehicle
BMW’s electric mini in China qualifies for reduced EU tariff
BMW revealed that its joint venture in China, which manufactures the electric Mini, has been designated as a “cooperating company” in the European Union’s...
Electric Vehicle
Ola Electric expands into electric motorcycle market following IPO success
Indian electric vehicle (EV) manufacturer Ola Electric Mobility, fresh off its initial public offering (IPO) that raised $734 million, has ventured into the motorcycle...