Sneak Peek at Kia’s EV2: A Compact Electric Car with a Fresh, Innovative DesignThe Kia EV2, a compact electric vehicle, features innovative design and impressive specs, set to launch in Europe in 2024.
Audi Adapts Flexible EV Strategy Amid Growing Competition in Luxury MarketAudi shifts focus to luxury by phasing out entry-level models and raising prices, aiming to redefine its brand in a competitive market.
Kia's Electric PV5 Spotted on U.S. Roads Ahead of Global DebutKia's PV5 electric van is testing in the U.S. ahead of its global debut, focusing on last-mile delivery and specialized vehicle markets.
BYD Surpasses Tesla, Selling 4.1 Million EVs in 2024, Shifting the Global EV MarketBYD leads global EV sales with a 43.4% growth, while Tesla faces a decline. China's market dominance continues amid challenges from tariffs.
U.S. EV Market Shows Stabilization with Slight Price Increase and Incentive SurgeEV prices in the U.S. are stabilizing, with a January average of $55,614. Tesla's prices fluctuate, while incentives rise year over year.
Ferrari Expands Its Lineup with First All-Electric Vehicle Set for October LaunchFerrari will launch its first all-electric vehicle on October 9, expanding its lineup while maintaining its brand identity and innovation.
Germany's BEV Sales Soar by 53.5% in January 2025 Amid EV RecoveryGermany's BEV sales rose 53.5% in January 2025, capturing 16.6% market share amid a decline in overall vehicle registrations.
Volvo Breaks Records with 763,000 Vehicle Sales in 2024, Driven by EV SurgeVolvo Cars reported record sales of 763,000 units in 2024, with EVs making up 23% of sales amid strong financial performance.
Tesla Struggles in South Korea: Only 5 EVs Sold in January Amid Subsidy GapsTesla sold only five electric vehicles in South Korea in January due to delayed EV purchase subsidies, impacting sales significantly.
Ford's Electric Future Struggles with $5.5 Billion Loss, Despite Boost in EV SalesFord anticipates $5-$5.5 billion losses in its EV division this year, despite rising sales and plans for increased battery investments.
Kia Offers Massive Savings on EVs, Slashes Prices on EV6, EV9, and Bongo EVKia launches 'EV Festa' with discounts up to 10 million won on EV6 and EV9, reducing prices for Bonggo EV to 24.5 million won.
Volkswagen Prepares ID.1 for 2025 Launch: Affordable, High-Tech, and StylishVolkswagen will unveil the affordable ID.1 EV priced around €20,000 in the first half of next year, targeting entry-level EV market.
Toyota’s North Carolina Battery Plant to Open in April, Powering U.S. EV ExpansionToyota will start operations at its North Carolina battery plant in April, aiming for significant EV production growth by 2030.
Ford's EV Division Faces $5.1 Billion Loss in 2024, with More Trouble AheadFord's EV division faces a $5.1 billion loss in 2024 and projects up to $5.5 billion in 2025, amid market challenges and limited offerings.
Ferrari Reveals Plans for First-Ever Electric Vehicle, Plus Six New ModelsFerrari plans to launch its first electric vehicle this year, emphasizing fun in driving, with a starting price of at least €500,000.
BMW’s Electric iX SUV Delivers Power, Comfort, and an Impressive 547 km RangeBMW's new iX electric SUV boasts improved range, luxury features, and powerful variants to enhance competitiveness in the EV market.
Lotus Proves EV Battery Durability with 1,832°F Fire Test: A Reassurance for ConsumersLotus showcases the safety of its EV batteries by withstanding extreme heat, addressing consumer concerns over EV fire incidents.
US EV Tax Credit Slashes Eligible Vehicles by 37%, Shifting Focus to Domestic BrandsThe reduction of US electric vehicle tax credits significantly limits eligible car models, amid Trump's potential return to office.
BYD’s $27K Electric Off-Road SUV Hits 125 MPH: The Titanium 3 Could Be a Game-ChangerBYD's Titanium 3 SUV merges rugged design with family-friendly features, targeting the growing electric vehicle market.
Is Xiaomi’s YU7 SUV the Next Tesla Killer? All You Need to Know About This $40,000 Electric BeautyXiaomi's YU7 SUV enters the luxury EV market, boasting sporty design, powerful performance, and competitive pricing around $40,000.
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