In a recent media interview, Volkswagen CEO Oliver Blume acknowledged the company’s challenges in maintaining its position at the forefront of electric vehicle sales in China, citing intensifying competition from Chinese EV makers who are...

In the first quarter, of 2024, Tesla experienced an 8.5 percent drop in global deliveries, totalling 386,810 vehicles. The decline can be attributed to heightened competition and a decrease in demand for electric vehicles in...

Toyota, the self styled world’s largest car manufacturer, experienced a setback in sales across crucial markets such as China and its home base of Japan. Globally, new car sales dipped by 7 percent during the...

Honda and Nissan are seeking to collaborate on electric vehicles to explore common parts and engage in joint procurement. This initiative comes as the Japanese carmakers endeavour to reduce costs and elbow their way to...

Toyota is gearing up for a significant expansion of next-generation electric vehicles as it prepares to scale up the production of next-generation electric vehicles in Japan for global distribution. The company is acquiring full ownership...

According to industry rumours, Last week, Nissan entered into advanced negotiations to invest in struggling start-up electric vehicle manufacturer Fisker. This potential deal could grant Nissan access to an electric pickup model while extending a...