Tata Motors Total Sales Decline YoY, Electric Cars Give Firm A Boost
Tata Motors sold 74,973 vehicles in May 2023, down 2 per cent year-on-year (YoY) as the automaker made gains in the electric cars (EV) market. The company’s total private vehicle sales went up by 6 per cent YoY at…
Chinese Carmaker’s Ambitious Plan To Become NZ’s Leading EV Brand
BYD’s New Zealand stocks have quickly risen from total unknown to household name in very short time. Now, the brand is set to take on the best from Japan and Europe – hitching its ambitions to its growing range of…
Tesla Analyst Says ‘Golden Goose Of EV Market’ Key To Global Dominance
Tesla, Inc. CEO Elon Musk’s China visit is a big deal as the billionaire is visiting the country for the first time in about three years, said Wedbush analyst Daniel Ives. Musk is likely to spend most of his visit around the key Giga…
BYD, China’s Largest EV Manufacturer, Takes Aim At Southeast Asia Market
China’s largest electric vehicle manufacturer, has begun to penetrate the Southeast Asian market to challenge the stronghold held by Japanese automakers in the region. BYD has launched an offensive on Japanese EVs, which hold more than 80% of market share…
New Energy Electric Vehicles In Gangbei District Of Guigang City Enters The ASEAN “Blue Ocean” Market
Recently, Guangxi Guigang Fushuai Electric Vehicle Co., Ltd. and PT. DFU INTERNATIONAL INDONESIA signed the first batch of directional purchase contracts for 20,000 new energy electric vehicles in Jakarta, Indonesia. Crystal Huang, CEO of PT. DFU INTERNATIONAL INDONESIA, said that driven…
Ford CEO Says Biggest Rival Is China
Ford CEO Jim Farley says China is its biggest competitor in the electric vehicle market as it looks to compete with the likes of BYD, Geely, SAIC Motor, and Great Wall Motor. At the recent Morgan Stanley Sustainable Finance Summit conference,…
Tesla Model Y Becomes First Electric Vehicle With ‘World’s Best-Selling Car’ Title
Tesla Model Y has become the first all-electric vehicle to be billed as the world`s bestselling car, a report has shown. Tesla Model Y surpassed Toyota`s RAV4 and Corolla models to top global sales rankings in the first quarter of…
Ola Electric Gears Up For India’s Largest Automotive IPO By Early 2024
Just a few days after it secured $300 million in fresh funding led by a sovereign fund, Ola Electric, India’s largest electric vehicle company, is said to be in talks with financial and legal institutions to go for the much-awaited…
China Electric Farm Tractors Market Trends
China’s electric farm tractor market is still in its early stages of development, but there are signs of growth and potential for future expansion. The electric farm tractor market in China is forecasted to grow at a CAGR of 11%…
Automaker Change The Way They One-up Each Other In The Cutthroat Pickup Market
Car companies will need to reexamine their pickup truck playbook as more of these models go electric. The industry’s cutthroat truck wars are bleeding over into the electric-vehicle market, with press releases touting an extra few miles of range here…