EV start-up Fisker to pause production for 6 weeks
Fisker announced a six-week production pause for its electric vehicles and secured a financing commitment to sell…
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electric vehicles
Australia’s BHP mulls pausing nickel business amid low prices
BHP Group announced that some contractors at its West Musgrave nickel and copper project in Western Australia have…
Germany needs 6-fold jump in EV sales by 2030
Germany must significantly increase the sales of electric vehicles to meet its emissions targets, according to a…
S. Arabia’s sukuk generate $2bln
Saudi Arabia's sovereign wealth fund secured $2 billion through the issuance of Sukuk, marking its second venture…
China urges NEV industry’s response to foreign trade restrictions
China's Ministry of Commerce has issued guidelines to encourage the new energy vehicle (NEV) industry to respond…
GM Korea to launch 4 new vehicles in ’24
General Motors (GM) Korea unveils plans to introduce four new vehicles in South Korea this year including two…
EV maker VinFast to tap Philippines market
Vietnam's largest conglomerate Vingroup said on Tuesday its electric vehicles manufacturer subsidiary VinFast will…
Renault sales increase by 9.4% in ‘23
The French automaker Renault Group registered a substantial worldwide sales increase of 9.4 per cent with 1,548,748…
Hertz to sell 20,000 EVs, shift back to gas-powered cars
Hertz Global Holdings Inc. is planning to sell 20,000 EVs, almost a third of its EV fleet, to reinvest in…
Global electric car sales rise 31% in ‘23
The global fully electric and plug-in hybrid car sales soared by 31 per cent in 2023, down from 60 per cent growth…