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...

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...

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...

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...

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...

Who are the leaders in global EV market in 2024?

TrendForce’s latest research indicates that global sales of New Energy Vehicles (NEVs), including Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Fuel...

Will $60 bn merger cancellation impact EV business of Nissan and Honda?

The breakdown of the $60 billion merger talks between Nissan and Honda has significant implications for their electric vehicle strategies, as both companies face...

Ford EV business posts 35% drop in revenue to $3.9 bn in 2024

Automotive major Ford has reported 35 percent drop in revenue at its electric vehicle (EV) business to $3.9 billion in 2024. Ford Model e Segment,...