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German carmaker BMW announced Wednesday that its net profit more than tripled in the third quarter, driven by strong global deliveries that held up in the United States despite higher import tariffs. Between July and September, the Munich-based group reported a net profit of €1.7 billion, a 256.5%......

Chinese electric vehicle manufacturer Jinxiu Shanhe Automotive has signed a landmark agreement with a Moroccan company to export 500 electric utility vehicles, marking the first step in a larger program that aims to deliver 20,000 units. The partnership also includes plans to establish a local assembly......

Lynk & Co, the innovative auto brand backed by Geely, has officially expanded into the Moroccan market, unveiling a lineup of premium hybrid and electric vehicles. The launch marks a pivotal step in the company’s global growth strategy, aiming to redefine mobility in the region. A new era......

Tesla's electric vehicle sales in the European Union dropped by half in April, while Chinese manufacturers gained ground during the same period, according to data released on May 27 by industry sources. The sharp decline is attributed to the controversial stance of Tesla’s CEO, Elon Musk, particularly......

In a significant move for Morocco's electric vehicle (EV) landscape, Chinese manufacturer Zeekr has officially entered the market through a strategic alliance with Tractafric Motors Morocco. Established in 2021 by Geely Holding Group, Zeekr is introducing two premium electric models to meet the rising......

Tesla’s plans to import components from China for its new Cybercab and Semi electric truck models have been put on hold due to rising tariffs imposed by former President Donald Trump, according to a source familiar with the matter. These tariffs, introduced as part of an ongoing trade war with......

In a significant milestone for the electric vehicle (EV) industry, Chinese automaker BYD has overtaken its American rival Tesla in revenue for the year 2024. Reporting an impressive revenue of $107.2 billion, BYD has outpaced Tesla, which announced earnings of $97.7 billion. This pivotal moment marks......

Chinese automaker BYD, the world’s leading manufacturer of electric vehicles (EVs), has introduced a groundbreaking battery charging system that can power EVs in just five minutes. The new “Super e-Platform,” unveiled at an online event on Monday, boasts a maximum charging capacity......

In 2024, Morocco's automotive production saw a significant increase of 12%, reaching nearly 500,000 vehicles. This surge played a crucial role in offsetting a decline in production in Iran, contributing to an overall 0.4% growth in vehicle production across the Middle East and North Africa (MENA)......

CFAO MOBILITY has officially introduced the new OMODA E5, a fully electric SUV, at the Green Impact Expo & Summit 2025 in Casablanca. Designed for environmentally conscious drivers, the OMODA E5 boasts a 430 km range, cutting-edge technology, and a 5-star Euro NCAP safety rating. A Futuristic and......

Toyota, the Japanese automaker, has announced a strategic partnership with the city of Shanghai to enhance the development and production of electric vehicles (EVs) and batteries in China. As part of this collaboration, a new company will be established in Shanghai’s Jinshan district, with plans......

Shanghai Carthane, a prominent Chinese automotive components manufacturer, has announced plans to establish a new subsidiary in Morocco under the temporary name Kaizhong Morocco. The company disclosed this strategic move on the Shanghai Stock Exchange as part of its efforts to strengthen its foothold......

CHIBA, Japan, Jan 10 – South Korea's Hyundai Motor has unveiled its most affordable compact electric vehicle (EV) in Japan, aiming to challenge a market traditionally dominated by local automakers specializing in petrol and hybrid technologies. The new Hyundai Inster represents the company’s......