Since early 2023, Chinese companies have pledged more than $180 billion for clean energy projects outside China, according to a report by Climate Energy Finance. These firms produce most of the world’s solar panels, batteries, and electric vehicles. They invest in full supply chains, from mining to recycling, helping other countries build green power systems….
Stiff competition may be responsible for declining Tesla sales in the world’s largest electric vehicle market. What’s happening? Tesla experienced its worst month of 2025 in China, with sales down 36% year over year in October, according to Electrek. The company delivered 26,000 electric vehicles compared to more than 40,000 in October 2024. “In terms…
Electric vehicle sales swung sharply in October as the expiration of federal incentives reshaped EV demand and consumer buying behavior heading into the new year. On today’s episode of Inside Automotive, Urban Science’s Global Lead for Advanced Analytics, Tom Kondrat, shares market insights and what dealers should be aware of as the new year approaches….
Bajaj Plans Electric Bikes As EV Market Slowly Rises – Here Is What We Know So Far (Disclaimer: This image was generated using AI and has been verified by the newsroom for accuracy and context) India’s electric two-wheeler market is growing at a fast pace and Bajaj Auto is gearing up for the next big…
The use of chips for artificial intelligence and electric vehicles (EVs) will offer strong demand underpinning the development of mainland China’s semiconductor industry, according to veterans of the sector at an annual gathering in Shanghai. At the 2025 Global Semiconductor Market Summit, chip executives discussed the industry’s future amid US-China tech rivalry and surging demand…
A year after its launch, BCA’s Battery Health Grading technology is reshaping the U.K.’s used electric vehicle market, and it’s doing so in a way that could make owning and reselling EVs easier, smarter, and more sustainable for everyone, EV Powered reported. Introduced in 2024 in partnership with Aviloo, the system uses advanced diagnostic testing…
Tesla is facing a noticeable slowdown in China, one of the world’s most competitive electric vehicle markets, reports GuruFocus. After months of strong growth, the U.S. automaker sold just over 61,000 cars built at its Shanghai factory in October, a nearly 10% drop from the same time last year. The slowdown highlights just how crowded…
Switch Mobility is shutting down its UK plant and shifting production to its Ras Al Khaimah (RAK), UAE facility to cut costs and improve efficiency. “A few months ago, we decided to shut down Switch’s Sherburn, UK, facility as operating there was no longer viable. We have since shifted the manufacturing of Switch buses to…
It’s still rare to launch a fund abroad, and yet a growing number of U.S. companies and investors are turning to Europe to pilot new technology and validate their concepts before scaling up in more capital-constrained domestic markets. Europe’s emissions trading scheme — and the comparably stable policy environment that makes investors confident it will…
As Tesla‘s dominance in the electric vehicle space continues to wane, a new competitor has emerged as a serious threat to its market share. What’s happening? In 2024, Chinese tech giant Xiaomi jumped into the EV space by launching its SU7 sedan. As The Motley Fool reported, Xiaomi’s first year of selling EVs couldn’t have…