Keywords: Ev market
Xpeng has officially expanded into Morocco, marking a new stage in its North African growth strategy. The Chinese electric vehicle manufacturer opened its first showroom on 1 April at Casablanca Finance City, positioning itself in one of the country’s main financial and commercial hubs. The move......
BYD ended its longest sales decline streak in May, with global vehicle deliveries rising 0.3% year-on-year to 383,453 units, according to a stock exchange filing. The modest gain, driven almost entirely by surging international demand, marks the first year-on-year growth posted by the world's largest......
Tesla strengthened its position in Sweden’s electric vehicle market after registering significant growth in new vehicle registrations during May. The increase highlights the continued expansion of electric mobility in Northern Europe, where consumers and policymakers remain strongly committed to......
Ferrari shares dropped sharply on European markets following the unveiling of the company’s first fully electric vehicle, the Luce, at an event in Rome. The decline came as investors reassessed demand prospects for ultra luxury electric vehicles and questioned whether Ferrari could maintain its......
Ferrari has introduced its first fully electric vehicle, the Luce, at a dedicated event in Rome, marking a major milestone in the Italian manufacturer’s 78-year history. The launch signals a strategic shift for a brand long defined by high-revving combustion engines and motorsport heritage. The......
Chinese automakers have expanded their footprint in Europe’s electric vehicle market, surpassing 15 percent of battery electric car sales in April. The milestone reflects a rapid increase in shipments driven by rising demand for lower-cost models and expanded export capacity from China’s......
Subaru has postponed the planned 2028 launch of fully in-house electric vehicles, marking a major adjustment in its electrification strategy. The Japanese automaker cited slowing demand for battery electric vehicles and shifting policy conditions in the United States as key factors behind the decision.......
BYD Company Limited is reportedly in discussions with European automakers, including Stellantis N.V., over the possible acquisition or use of underutilized production facilities in Europe, according to industry reports. The Chinese electric vehicle giant is seeking to expand its presence in the European......
Tesla recorded a significant increase in sales of its China-produced electric vehicles in April, with year-on-year growth of 36%, according to data from the China Passenger Car Association. The U.S. electric vehicle manufacturer continues to expand its presence in one of the world’s most competitive......
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