Keywords: EV Market
Tesla recorded record sales in South Korea and strong growth in Australia during March, closing out a first quarter driven by the refreshed Model Y and a global oil crisis that is pushing consumers toward electric vehicles at an accelerating pace. Tesla delivered 11,130 vehicles to South Korean customers......
Tesla recorded a strong increase in new vehicle sales in Spain in March, highlighting the growing momentum of the electric vehicle market. Registrations rose by nearly 25% compared to the same month last year, reflecting rising consumer interest in cleaner mobility solutions. The surge comes amid a......
Tesla gained ground in two key European markets in February as new registrations surged in Norway and France while falling in Denmark, offering mixed signals about the electric car maker’s efforts to stabilise its regional performance. In Norway, registrations reached 1,210 vehicles last month,......
Volvo CEO Håkan Samuelsson forecasts that electric vehicles will "very likely" cost less than gasoline-powered cars within five years. Speaking at a press event in Gothenburg, Sweden, this week, he highlighted his company's already profitable EV lineup and upcoming manufacturing advances......
Investors are pressing Volkswagen CEO Oliver Blume for concrete results in what they view as a make-or-break year for the German automaker. Now freed from his dual role at Porsche, which ended January 1, Blume has a narrowing window to halt the company's decline in China and address critical technology......
Volkswagen Group has surpassed Tesla to claim the top spot in worldwide electric vehicle sales excluding China through November 2025, signaling a notable shift in the competitive landscape as the U.S. electric car pioneer grapples with its second straight year of declining deliveries. Data released......
Chinese automaker BYD has surpassed Tesla to claim the title of the world's leading electric vehicle manufacturer in 2025, delivering 2.26 million battery electric vehicles compared to Tesla's projected 1.64 million units for the year, based on company documents released Thursday. This milestone......
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......
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