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Keywords: EV Market
Porsche AG has reported its first quarterly loss since becoming a publicly traded company, with an operating deficit of €967 million ($1.1 billion) for the third quarter of 2025. This dramatic downturn reflects the luxury automaker's costly strategic pivot on electric vehicles (EVs) and weak......
Elon Musk has made a bold move to reinforce confidence in Tesla, purchasing nearly $1 billion worth of its stock in open-market transactions. This marks his first such acquisition since 2020, as Musk acquired approximately 2.57 million shares at prices ranging from $372.37 to $396.54 per share. The transaction......
The new six-seat Model Y L from Tesla has emerged as a strategic success in China, amassing over 120,000 orders since its debut on August 19. Averaging nearly 10,000 orders daily, the SUV began deliveries on September 2, marking Tesla’s most significant product expansion in the Chinese market in......
Chinese electric vehicle manufacturer Xpeng has made headlines with a stunning commercial success: its new P7 electric sedan received 10,000 orders in just 6 minutes and 37 seconds after launch. The overwhelming demand highlights the growing confidence of Chinese consumers in domestic EV brands —......
CFAO Mobility has introduced the OMODA E5, a fully electric SUV, to the Moroccan automotive market during the first Green Impact Expo & Summit 2025 in Casablanca. This new addition to Morocco's electric vehicle landscape combines innovation, performance, and environmental consciousness. Design......
Morocco's electric vehicle (EV) market is gaining momentum, with sales doubling over the past year and market share reaching 0.6%, according to a recent report by the Automotive Importers Association. This 50% increase in market share marks a significant step forward for the North African nation's......
