Tag:

electric vehicle

Japan’s EV Investments Could Cut Oil Imports, Boost Energy Security and Create Growth Opportunities

Japan can significantly reduce its dependence on imported oil and strengthen long-term energy security by accelerating electric vehicle (EV) adoption, according to a new...

Scania Invests €70 mn in France to Expand Electric Truck Production Capacity

Scania has announced a €70 million investment in its production facility in Angers, France, as part of its strategy to accelerate the transition to...

Global NEV Sales Reach 3.94 mn in Q1 2026 as Tesla Regains BEV Lead Overtaking BYD

Global new energy vehicle (NEV) sales reached 3.94 million units in the first quarter of 2026, representing a 2 percent year-on-year decline, according to...

Volvo Cars Targets 90-100% Electrified Sales by 2030 as EV Expansion Accelerates

Volvo Cars highlighted strong momentum in its electrification strategy, revealing that electrified vehicles accounted for 46 percent of total company sales, underscoring the growing...

India EV Market Gains Momentum as Electric Car Sales Jump 75% in 2025: IEA

India’s electric vehicle (EV) market is accelerating, with electric car sales rising 75 percent year-on-year in 2025 to reach 165,000 units, according to the...

Global EV Market Hits Turning Point as Sales Cross 20 mn, China Invests Aggressively in Battery and AI-Driven Electric Vehicle Ecosystem

The global electric vehicle (EV) industry entered a historic expansion phase in 2025, with worldwide electric car sales surging 20 percent to exceed 20...

Global EV Sales to Hit 23 mn in 2026 as China Dominates Electric Vehicle Boom, Says IEA

Global electric vehicle (EV) sales are set to maintain strong momentum in 2026 despite geopolitical tensions and energy market disruptions, with worldwide electric car...

Scania Wins Sweden’s Largest Electric Bus Deal as VR Orders 91 Battery-Electric Buses for Sodertalje

Scania and VR Group have signed one of Sweden’s largest battery-electric bus agreements, with VR Sweden ordering 91 electric buses for operations in Sodertalje...