Electric Vehicle

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...

Global EV Charging to Reach 11 mn units by 2030: GlobalData

The global electric vehicle charging infrastructure market is set for strong expansion as EV adoption accelerates worldwide, driven by tighter government emissions regulations and...

Ford Reshapes EV Strategy With Hybrids, Extended-Range Electric Vehicles and Affordable Platforms

Ford Motor has unveiled a major reset of its electric vehicle (EV) strategy as part of a sharpened Ford+ plan, shifting capital toward higher-return...

Rising EV and ESS Battery Prices in China: What Consumers Need to Know in 2026

China’s electric vehicle (EV) and energy storage system (ESS) markets are experiencing notable price shifts, and consumers are beginning to feel the impact. According to...

SAMSUNG SDI Wins $1.36 bn Deal to Supply Prismatic LFP Batteries for U.S. Energy Storage Systems from 2027

SAMSUNG SDI has announced a major contract for its energy storage business, confirming that the South Korean battery maker will supply prismatic lithium iron...

Global Electric Vehicle Installed Base to Reach 116 mn in 2026 – Gartner

The worldwide electric vehicle market is set for another year of strong growth. Gartner forecasts that by 2026, 116 million electric vehicles - including...