Search results for: “BEVs”
US Auto Production 2026 Outlook: EV Reset Drives Steel and Hybrid Demand
US automakers’ EV pivot will reshape 2026 vehicle production and steel demand, analysts forecast.
Hyundai’s $5.1 Billion India Investment Fuels Hybrid and EV Expansion
Hyundai plans a $5.1B investment in India to boost hybrid and electric vehicle production by 2030.
South Korea’s Eco-Friendly Car Sales Surpass 50% Market Share for the First Time
South Korea’s eco-friendly car sales exceeded 50% of the market in May, marking a significant shift toward electric vehicles.
Challenges Facing the North American Automotive Industry in 2025
The North American automotive industry faces challenges in 2025, including production declines, shifting market…
China and EU Restart EV Trade Talks Amid U.S. Tariff Escalation
China and the EU have resumed EV price commitment talks amid U.S. tariff pressure, aiming to ease trade tensions and…
Goldman Sachs Downgrades Mercedes-Benz and Porsche as European Auto Industry Faces Struggles
Goldman Sachs has downgraded two of Europe’s most prominent car manufacturers, Mercedes-Benz AG and Porsche AG,…
China’s EV Market Soars as Petrol Car Sales Decline in 2024
China’s electric vehicle (EV) market saw a significant boost in 2024, with sales rising by more than 40%.
UK Leads European Electric Vehicle Market Amid Rising Discounts and Long-Term Sustainability Concerns
In 2024, the UK overtook Germany to become Europe’s largest electric vehicle (EV) market, with a record 381,970…
Thailand Extends BEV Production Deadlines Amid Automotive Industry Struggles
Thailand extends BEV production deadlines due to industry challenges. Revised EV 3.5 guidelines and tax reductions aim…
Record Surge in Global EV Sales Driven by China, Europe Faces Decline
Global electric vehicle sales hit a record 1.8 million units in November 2024, marking a 25% increase from last year….
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