In January 2024, Tesla recorded just a single EV sale in South Korea. The company sold just a single unit of the Model Y SUV, highlighting growing concerns in Korea relating to EVs manufactured in China. There are also pricing challenges and a lack of charging infrastructure negatively affecting demand in Korea. Worst-Ever Sales Performance Since […]
Yamaha Invests in Indian Electric Vehicle Startup River Yamaha, a giant in the motorcycle industry, has recently made another move to cement its presence in India, one of the world’s largest two-wheeler markets. This move comes with an investment in the electric vehicle startup River, known for its innovative approach to electric scooters. With a booming
Investment in Indian River Startup Boosts Yamaha’s Electric Ambitions Read More »
Ola Electric, a major player in the Indian electric two-wheeler market, has launched an upgraded version of its S1 X electric scooter with an extended range. The new S1 X is equipped with a bigger 4kWh battery, offering up to 190km of range on a single charge. Ola Electric is also introducing extended warranty programs for
Tesla, the electric vehicle giant, has started off the year 2024 with a significant accomplishment in China, solidifying its position as a leader in the electric vehicle (EV) sector. In January, the company reported an 8% increase in wholesale shipments of its China-made Model 3 and Model Y vehicles, totaling 71,447 units. This growth not only
Record-breaking January Sales in China for Tesla Read More »
Porsche Sets New Standards with the 2025 Taycan Porsche is taking electric vehicle (EV) technology to new heights with the 2025 Taycan, pushing the boundaries of performance, charging speed, and driving dynamics. In a rapidly evolving EV landscape, Porsche is not content to rest on its laurels. The latest version of the Taycan, Porsche’s flagship EV,
Li Auto, a rising star in China‘s electric vehicle (EV) market and a formidable competitor to Tesla, has made headlines by generously rewarding its employees for surpassing the company’s 2023 sales targets. Amidst the fiercely competitive EV landscape, Li Auto’s strategy of offering significantly larger bonuses than the industry average underscores its commitment to recognizing and
Li Auto Employees Celebrate Big Rewards Following Exceeding 2023 Sales Goals Read More »
Prolific Chinese EV manufacturer BYD is working on the YangWang U7, a sedan packing a 135.5kWh battery that delivers up to 800km of range. The new BYD EV will offer two CLTC cruising ranges – 720km and 800km. The new detail was culled from the latest catalog of NEVs exempted from vehicle purchase tax. The catalog
March 7 will mark a key day for Rivian, the electric vehicle innovator based out of California, as it pulls the curtain back on its latest endeavor, the R2 electric SUV. This reveal comes over two years after the debut of its initial offerings, the R1T pickup and the R1S SUV, setting the stage for Rivian’s
Rivian Sets March 7 as Official Reveal Date for New R2 Electric SUV Read More »
China has once again proven itself as the global powerhouse in the electric vehicle (EV) sector, with a whopping 8 million new plug-in electric cars hitting the roads in 2023. This achievement not only sets a new benchmark for the country but also underscores the rapidly growing appetite for greener transportation options among Chinese consumers. Electric
China’s Plug-in Sales Soar by 46% in 2023, Driving Electric Car Market Growth Read More »
Nio Gears Up for Update, Introduces New Variants with Shorter Ranges Nio, the Chinese electric vehicle (EV) manufacturer, is preparing for a significant update next month. In an effort to tackle headwinds in the competitive market, the company is introducing new variants with shorter ranges for its existing models. This move comes after China’s Ministry of
Nio’s exploration of range diversity in the face of arduous market conditions Read More »
