Keywords: Electric Vehicles
Stellantis revealed Thursday it will record about €22.2 billion in charges as part of a sweeping business reorganization, admitting the automaker vastly overestimated electric vehicle adoption rates and alienated customers in the process. This massive write-down ranks among the largest one-time......
Chinese battery giant CATL and automaker Changan Automobile jointly revealed the Changan Nevo A06 on Thursday in Yakeshi, Inner Mongolia, launching the world's first mass-produced passenger vehicle with sodium-ion batteries. The companies plan commercial sales by mid-2026. The sedan features CATL's......
CEOs of Europe's two largest carmakers are urging the European Union to shield the domestic auto industry from intensifying competition by Chinese manufacturers across the continent. Volkswagen CEO Oliver Blume and Stellantis CEO Antonio Filosa published a joint op-ed Wednesday evening in three......
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......
France’s car market got off to a difficult start in 2026, with new passenger car registrations declining sharply in January, according to data released by the French automotive industry body, the Plateforme automobile (PFA). A total of 107,157 new passenger cars were registered last month, representing......
The Spanish technology company Airtificial has announced new contracts with international clients in the automotive sector, including a strategic project in Morocco, reflecting the firm’s drive for global expansion and geographic diversification. According to the company, Morocco is a promising......
Canadian Prime Minister Mark Carney and Chinese President Xi Jinping unveiled a landmark trade agreement in Beijing, slashing tariffs on Chinese electric vehicles in exchange for eased duties on Canadian agricultural goods. This pact signals Ottawa's pivot away from heavy reliance on the United States,......
Hyundai has inaugurated its state-of-the-art “Showroom of the Future” in Bouskoura, Morocco, combining cutting-edge technology, sustainability, and an innovative customer experience. The new facility represents a strategic shift in Hyundai’s approach to engaging with clients. More......
Mercedes-Benz has been awarded the prestigious Car of the Year 2026 title with its new CLA model, marking only the second time in the brand’s history that it has won this renowned automotive distinction since its creation in 1964. The announcement was made on Friday, January 9, during the official......
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