U Power Limited Announces Follow-on Purchase Order of Battery Swapping Station by Major Taxi Operator in Jilin, China
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive electric EV battery power solution provider in China, today announced a follow-on purchase order from a major taxi…
Canada Mulls Chinese EV Tariff Following U.S. Move but is Not Committing to it
Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border. Chinese brands are not a…
Toyota to Launch a Prius-like bZ3C Electric Crossover, But You can’t Have it
Toyoo keep up with surging BYD, Tesla, and other EV makers, Toyota is launching a new all-electric crossover. The Toyota bZ3C looks like the new Prius, but the electric SUV crossover won’t be available in the US. “What kind of…
Electric 3-wheeler Market worth $1.5 billion by 2030 Globally, at a CAGR of 2.2%
The electric 3 wheeler market is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, at a CAGR of 2.2%. With the increasing stringency of government mandates, 3 wheeler manufacturers’ focus has shifted to…
Over 4 Million Plugin Vehicles Sold Globally in 2024
Global EV sales reached 1.1 million units in April 2024, according to EV research-house, Rho Motion, bringing year-to-date (YTD) sales to 4.3 million, 22% greater than the same period in 2023. Battery Electric Vehicles (BEVs) represent 64% of units sold…
Few Chinese Electric Cars are Sold in U.S., But Industry Fears a Flood
The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within…
Arafat Rancon Rolls Out Six Models of Mercedes Benz EVs
Rancon Motors, the sole distributor of Mercedes Benz automobiles in Bangladesh, yesterday launched six models of electric vehicles (EVs) to grab the country’s EV segment. The models are the Mercedes-Benz EQS 450 4matic SUV, EQS 450+ Sedan, EQE 350+ SUV,…
Sens. Cramer, Hoeven Call for Killing EV Tax Credits
Two more North Dakota elected officials are showing no love for the electric vehicle. Republican U.S. Sens. Kevin Cramer and John Hoeven on Thursday issued news releases announcing they are co-sponsoring a bill to eliminate tax incentives for electric vehicles….
Kenya to Invest 1.9 mln USD to Boost EV Adoption in 3 years
Kenya Power, the country’s electricity distributor, said on Monday that it will invest 1.93 million U.S. dollars in the next three years to spur the adoption of electric vehicles (EVs) in the country. Kenya Power Managing Director Joseph Siror said…
Spain’s Ebro-EV Motors, China’s Chery Join Hands to Develop New Cars
Spain’s auto company Ebro-EV Motors and China’s Chery Automobile signed a pact on Friday to develop new electric vehicles through a joint venture in the northeastern Spanish city of Barcelona. Under the alliance, Chery will become the first Chinese automaker…
