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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…

Warren Buffett-Backed Chinese EV Maker Said To Be Mulling Factory In Europe

The EV giant, backed by Warren Buffett‘s Berkshire Hathaway, wants to build a plant in Europe and is considering locations including France, Spain and Germany, French media platform Les Echos reported.  Discussions are ongoing with BYD, the report quoted a French Minister as saying. …

The Role Of Private Companies And Startups In The Growth Of The EV Market In India

The air quality is getting worse in India. The country is the world’s second most-polluted region in the world. The situation is so worse that the average Indian life expectancy has been shortened by 6.3 years. When it comes to…

China, the world’s largest car market, is now a major automobile producer and exporter as well.  The Asian giant’s EV edge is thanks to its push for clean energy technology, including in the transportation sector.  “Having recognized the potential of electric vehicles 15…

Here Are The 5 Major Chinese EV Brands You Should Know About

China, the world’s largest car market, is now a major automobile producer and exporter as well.  The Asian giant’s EV edge is thanks to its push for clean energy technology, including in the transportation sector.  “Having recognized the potential of electric vehicles 15…

In Asia, India Lags With EV Penetration Only Around 1%

As India, which is the fourth largest car market globally, charts a new course for electric vehicles (EVs), the country still has EV penetration at only around 1 per cent (according to Moody’s) – and that too dominated by electric…

China’s Electric Car Emissions Reductions Increasing Rapidly Over Time

Chinese EVs achieve greater emissions reductions over time due to improved efficiency and a greener power grid, states a study. While over 10% of Chinese car sales are now electric, the entire life cycle of EVs still generates carbon emissions….