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Tesla Faces Decline in European Sales Amid Growing Backlash Against Elon Musk

Tesla’s sales in Europe experienced a significant drop of 49 percent in the first two months of 2025 compared to the same period in 2024, according to the ACEA manufacturers’ association. This decline can be attributed to several factors, including the aging of Tesla’s vehicle models.......

BYD unveils fast charging system for EVs

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......

BYD unveils new electric Seagull model in Morocco

In a significant move for the North African automotive sector, BYD has launched its latest all-electric vehicle, the Seagull, in Morocco. This introduction marks the sixth model the company has rolled out since entering the Moroccan market in July 2023, following the HAN, TANG, ATTO 3, SEAL, and SEAL......

Tesla's Canadian dealerships accused of fraud over $43 million in EV rebates

Tesla is currently embroiled in serious allegations of fraud in Canada, as four of its dealerships face scrutiny after claiming an astounding $43 million in government rebates for electric vehicles (EVs) within just 72 hours. This rapid depletion of funds has led to the unexpected suspension of the country's......

Tesla faces plunging stock prices amid broader tech market decline

Tesla, the electric vehicle manufacturer, is facing significant turbulence in the financial markets. Its stock plummeted over 15% on the New York Stock Exchange, wiping out approximately $130 billion in market capitalization in a single session. This sharp decline marks a critical turning point for Elon......

Morocco’s bold leadership in sustainable transportation, a blueprint for Africa’s green future

As the global community grapples with climate change and urbanization, Morocco is emerging as an unexpected leader in sustainable transportation. With ambitious initiatives and innovative strategies, the North African nation is positioning itself as a key player in the green mobility transformation across......

Jong Wei Strengthens Investments in Morocco amid Slowed Asian Expansion

The Chinese group "Jong Wei," a specialist in battery materials production, has announced a slowdown in its expansion across Asia, suspending a project in South Korea and postponing two others in Indonesia. However, the company reaffirmed its commitment to strengthening investments in Morocco,......

Morocco's green mobility plans ahead of 2030 World Cup

Morocco prepares to acquire 7,000 buses, with focus on electric vehicles Morocco has unveiled an ambitious plan to purchase 7,000 buses as part of its preparations for major sporting events, including the 2030 FIFA World Cup, which it will co-host with Spain and Portugal. Ryad Mezzour, Morocco’s......

Tesla faces steep decline in European markets as buyers shift preferences

Tesla experienced significant sales downturns across major European markets in January 2025, with declines ranging from 12% to 63% in key countries, amid growing competition and public response to CEO Elon Musk's political activities. This shift marks a notable change for the electric vehicle manufacturer......