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Mercedes Opens Its First EV-Only Dealership In The World In Japan

Mercedes-Benz’s first dealership in the world dedicated to its all-electric Mercedes-EQ brand opened in Yokohama, south of the Japanese capital on Tuesday, the German automaker’s local unit said. Mercedes-Benz has rolled out five electric models since 2019 and “sees further…

Suzuki And PowerX To Explore Biz Potential For Ultrafast EV Chargers In Japan And India

Suzuki Motor Corporation has signed an MoU with the Tokyo-based PowerX Inc, which manufactures and sells battery energy storage systems, to start exploring business partnership opportunities in Japan and India. The business partnership between the two Japanese companies will explore…

India Roundup: Foxconn Postpones Bharat FIH’s IPO Plan

Foxconn decided to postpone its Indian subsidiary’s IPO plan due to current market conditions. Google’s business in India may be negatively impacted after being fined by the country’s antitrust regulator for anti-competitive practices. Foxconn postpones Bharat FIH’s IPO plan According…

Hyundai Casper EV Could Be On The Cards For Australia

The current crop of EVs come with price tags that are out of the reach of many buyers. But this cute softroader could change all of that. Call it cute, call it funky – there’s no missing the Hyundai Casper…

Electric Vehicle Adhesives Market Size To Surpass USD 3.4 Bn By 2030

The global electric vehicle adhesives market size is projected to surpass around USD 3.4 billion by 2030 from valued at USD 0.5 billion in 2021 and growing at a CAGR of 23.74% from 2022 to 2030. The global electric vehicle…

Gargour Mobility Launches Wallbox Chargers For All Electric Vehicles In Lebanon

In line with its innovation-based strategy for sustainable business development, Gargour Mobility has partnered with the global technology company Wallbox to be the only authorized distributor in Lebanon. This first-of-its kind collaboration is set to be a definite turning point…

EV Sales Break Record Globally In 2021, Market Share Drastically Up

The market share of electric vehicles around the world increased 41 times in the last 10 years and reached 8.3%. Last year, electric vehicle sales reached 6.75 million, up 108% from earlier. Within the scope of the goals of combating…

GAC Presented With 2021 Best Performance Award By Mitsubishi Motors MEA

General Automotive Company (GAC), the official distributor for Mitsubishi Vehicles in Oman, was recently awarded the ‘2021 Best Performance Award’ in Accessories Sales by Mitsubishi Motors Middle East and Africa (MMMEA). GAC was presented with this coveted award, which it…

By 2030, The Renault Nissan Mitsubishi Alliance Will Introduce 35 New EV Models

After announcing its major restructuring plan back in May 2020, the Renault Nissan Mitsubishi Alliance is now preparing for the next stage of its transformation towards a carbon-neutral business. Thanks to a massive $25 billion investment in the next five…

LG Energy Solution, The EV Battery Giant, Soars On Its Debut After Completing Korea’s Largest Ever IPO

LG Energy Solution, the battery maker that raised billions in Korea’s largest float ever, soared on its debut on the 27th January 2022, benefiting from the electric vehicle boom. The stock closed at 505,000 won on the Korea Exchange, 68%…