China has carved out a dominating role in Central Asia’s electronic vehicle market. Now, Beijing is looking to replicate its success in the Caucasus. Azerbaijan is emerging as Beijing’s point of entry for the region. During the first 10 months of 2024, Azerbaijan imported 2,592 electric vehicles, with Chinese-manufactured models accounting for a 77 percent…
The Hong Kong government must quickly come up with a new business model for the city’s two franchised bus companies, which face nearly HK$6 billion (US$771 million) in investments to overhaul their fleets to reach zero-emissions targets, according to a think tank. The clock is ticking because the companies have less than eight years to…
NEW YORK, Sept. 27, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global Electric Vehicle Remote Diagnostics Market size is estimated to grow by USD 4.10 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 39.04% during the forecast period. Reducing battery pack…
Yutong Bus, the world’s largest electric-bus maker, has unveiled a new technology platform that aims to boost driving ranges and cut operating costs, as it vies for a bigger slice of a growing market amid a decarbonisation push by public transport fleets worldwide. The company, based in Zhengzhou in China’s central Henan province, announced the…