ElectricMobility

BYD Surges in Popularity, Overtaking Toyota to Become Singapore's Top Car Brand

2 months ago

In a remarkable shift within Singapore's automotive market, BYD, the Chinese electric vehicle manufacturer, has outstripped the longstanding dominance of Toyota to emerge as the most popular car brand in the city-state. This milestone was achieved in 2023, illustrating the growing shift towards electric vehicles (EVs) as eco-conscious consumers increasingly seek alternatives to traditional combustion engines.

The Future of Climate Tech: Key Investment Trends to Monitor in 2025

3 months ago

As the world increasingly grapples with the implications of climate change, the year 2025 is set to be pivotal for climate technology investments. Investors are focusing on innovative solutions that not only address environmental challenges but also promise substantial financial returns. In this article, we will delve into the most significant climate tech investing trends that are expected to shape the market in the near future.

Australia Unveils Initiatives to Boost Electric Vehicle Sales Amid Declining Market

3 months ago

In an effort to revitalize its struggling electric vehicle (EV) market, Australia has announced a new funding program aimed at providing affordable loans for consumers looking to purchase electric cars. This initiative comes at a time when EV sales in the country have experienced a significant slump, raising concerns over Australia's ability to keep pace with global EV trends.

Tesla's Cybertruck Faces Another Recall: A Year of Challenges

5 months ago

In the latest development for Tesla, the company has issued a recall for the Cybertruck, marking the sixth time since its launch that this electric vehicle has been called back for repairs. This ongoing issue underscores the challenges Tesla is facing with its much-anticipated vehicle, which has struggled to gain traction in a competitive market.

Ford Adjusts Profit Forecast Due to Slow Electric Vehicle Rollout and Quality Concerns

5 months ago

In a significant update for stakeholders and investors, Ford Motor Company has revised its profit forecast for the coming year, primarily attributing the changes to challenges in the ramp-up of electric vehicle (EV) production and ongoing quality issues. The news comes as a crossroads moment for the automotive giant as it seeks to cement its position in the increasingly competitive EV market.

China's Booming Electric Vehicle Sales: A Golden Week Fueled by Stimulus

6 months ago

China's electric vehicle (EV) market is experiencing a remarkable surge during the recent Golden Week holiday, achieving its best performance in years. This growth is largely attributed to a series of governmental stimulus measures aimed at propelling the industry forward. The country's commitment to electrification and sustainable transportation is clearly paying off, with both domestic and foreign EV manufacturers benefiting from the uptick in consumer demand.