Ford To Scale Back China Investments Amid EV Competition From Local Rivals
Ford plans to scale back future investments in China, as the US carmaker’s chief executive warned there was “no guarantee” western carmakers could win against local electric-vehicle rivals. The company will “put less capital at risk” by focusing on…
Wang Chuanfu And BYD: Revolutionizing The Electric Vehicle Industry
Everyone has heard of Tesla CEO Elon Musk and the way he is changing the automobile industry. Entrepreneur Li Shufu is also well known as he is the force behind Zhejiang Geely Holding Group which controls many OEMs including Volvo Car Group…
Dukhan Bank launches An Offer To Finance Environmentally Friendly Cars
Dukhan Bank announced the launch of its first offer for eco-friendly car financing, which offers a competitive profit rate to existing and new customers looking to own electric or hybrid cars. This offer is valid until the 30th of September. Besides…
Feature: Lebanon Sees Surging Demand For Chinese EVs
Demand for Chinese electric vehicles (EVs) in the Lebanese market has surged over the past two years, according to car exhibitors at the 2nd edition of the E-MotorShow Middle East for Electric & Hybrid cars, who expected that Chinese cars…
Tesla Revs Up China Expansion As EV Rivals BYD, Geely Race Ahead
According to the Chinese Passenger Car Association, Tesla’s Shanghai Gigafactory delivered 75,842 vehicles in China in April, outpacing Mercedes-Benz, BMW, and Audi. Tesla’s Model Y was the bestseller with 49,059 units sold, followed by the Model 3 with 26,783 units sold. …
MG To Launch Up To 5 EVs In India By 2028
MG Motor has announced its strategic five-year business roadmap for sustainable growth in India. And among the many policies, the carmaker has revealed their plan of introducing up to five EVs in the country by 2028. To do this, the…
DC Edit | Make India EV-ready quickly
The buzz around is unmistakable — electric vehicles (EVs) are coming and taking over. In the next two years, there are over 40 new models of automobiles set to be launched that will be powered by electricity. A few others…
New Ninebot Q80C Is A Tiny Electric Moped With Retro Styling
Electric scooters are fast becoming accepted means of mobility in multiple Asian and European markets. Unlike the US with its sprawling cities and wide roads, most urbanized areas in Asia and Europe are tightly knit, with establishments situated in close…
Joy e-bike In India Embarks On A Digital Journey With Excellon Software
NAGPUR, India , May 9, 2023 /PRNewswire/ — The EV Industry Specialist, Excellon Software, announces yet another Electric Vehicle manufacturer to the portfolio of its customers, the Joy e-bike from WardWizard Innovations and Mobility Limited. WardWizard is an innovation-driven company in the sunrise segment…
Richest Man In Vietnam Doubles Down On Risky $10.9 billion Wager On EVs
SINGAPORE – It is a familiar story: a business mogul parlaying much of his fortune into a massive bet on electric vehicles (EVs), only to fall on hard times. Billionaire Pham Nhat Vuong is among the latest to take after Mr…
