Behind Volvo’s EV success
- New Energy Vehicles
- 22 January 2025
Chinese electric vehicle (EV) giant, BYD, said on 29 March that it was large enough to shake off the impact of a bruising price war and faltering demand in China, according to Reuters.
Reuters reported that Ford Motor Co said it expected its electric vehicle business unit to lose $3 billion this year.
It might look like just another futuristic concept, but it is also the way forward sooner rather than later in Kia’s transition to sustainable mobility.
This past Thursday, Reuters reported that Austrian Climate Minister, Leonore Gewesseler, said that the country would not back out of the agreement to support the EU law to phase out new sales of CO2-emmiting cars by 2035.
According to Reuters, BMW reported on 15 March that the company expected over 50% of new sales to be all-electric vehicles.
Volkswagen plans to invest 180 billion euros over five years in certain areas, including battery production and raw material sourcing, in a bid to cut electric-vehicle costs and protect its market share, Reuters reported on 14 March.
The move toward electric vehicles (EV) gained momentum in the northern hemisphere because of environmental concerns, cost-effectiveness and developments in the technology.
Mitsubishi Motors Corp plans for hybrid and battery electric vehicles to account for all new car sales by the middle of the next decade, Reuters reported on 10 March.
JAC motors is the latest auto manufacturer to contribute an innovation to the EV-battery race.
Various international motoring news outlets have reported that Ford will henceforth offer two different battery chemistries on its electric vehicles (EV).
Contrary to great anticipation that Elon Musk would clarify plans for an affordable Tesla at the company’s investor day on 1 March, the eccentric billionaire skirted the issue.
Kia Corporation unveiled a set of video clips on 2 March to tease its highly anticipated Kia EV9, the brand’s dedicated battery electric SUV.
The 2024 edition of the electric vehicle road trip (evrt) Africa, a travelling showcase of electric vehicles (EV), will be even bigger and better than before as the Automotive Industry Development Centre Eastern Cape (AIDC-EC) gets on board as a partner.