Tag:

EV

US EV Market Slows in 2026 as Sales Drop 25% in Q2 and EV Share Falls to 7%

The United States electric vehicle market is facing a significant slowdown in 2026 as weaker demand and the end of federal EV tax incentives...

EU EV Tariffs Cut China-Made Electric Car Imports as Chinese Battery Shipments Surge 7-Fold

The European Union’s tariffs on Chinese-made electric vehicles have reduced the market share of battery electric vehicles (BEVs) manufactured in China, but Chinese automakers...

China’s EV Exports Hit Record $9.2 bn as Southeast Asia Drives Demand Surge

China’s electric vehicle (EV) exports climbed to a record $9.2 billion in May 2026, marking a 49 percent year-on-year increase and surpassing the previous...

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...

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...