Tag:

electric vehicle

Volvo Cars revises 2030 EV goal and CO2 emissions target

Volvo Cars has adjusted its target for electrification by 2030, now aiming for 90 to 100 percent of its global sales to consist of...

BMW recalls electric Mini Cooper SE vehicles due to faulty battery

Automaker BMW has decided to recall electric Mini Cooper SE vehicles worldwide due to faulty battery. The recall of Mini Cooper SE could potentially affect more...

U.S. EV sales forecast lowered to 9% market share amid slower growth

U.S. electric vehicle (EV) sales are projected to capture just 9 percent of the market in 2024, a significant decrease from the previously forecasted...

Hyundai targets 5.55 mn vehicle sales aiming at EV and hybrids push

Hyundai Motor has set its target of selling 5.55 million vehicles by 2030, aiming to register 30 percent growth from 2023 levels, as the...

Ford slows down EV plans amid cost-cutting and market realities

Ford Motor Company has revealed its revised plans for its electric vehicle business in the wake of dominance of China in the EV market. Ford...

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....

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...

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...