Electric Vehicle

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,...

Toyota Motor reveals EV and battery production in China

Toyota Motor plans to establish a wholly owned company in Shanghai dedicated to developing and producing electric vehicles (EVs) and batteries for its luxury...

Ferrari to roll out first fully electric vehicle (EV) in October

Ferrari is set to make history with the launch of its first fully electric vehicle (EV) in October, marking a significant shift from its...

Tesla steps up cost efficiency, technological innovation, product expansion

Tesla CEO Elon Musk has revealed the electric vehicle maker’s multi-faceted strategy centered around cost efficiency, technological innovation, and product expansion. Tesla’s production has reached...

General Motors CEO reveals progress in EV strategy

General Motors has made significant progress in its EV strategy while increasing full-year revenue by 9 percent to $187 billion, with a 6 percent...