SustainableMobility

BYD Surges in Electric Vehicle Market, Approaching Ford Deliveries After Beating Tesla in Revenue

1 month ago

In a significant shift in the electric vehicle (EV) landscape, BYD has reported impressive financial performance, edging closer to Ford's delivery numbers and outpacing Tesla in terms of revenue. This development highlights BYD's aggressive growth strategy and growing presence in the global market, positioning the Chinese automaker as a formidable player in the EV sector.

Toyota Executive Criticizes U.S. Regulations Encouraging Electric Vehicle Sales

1 month ago

In a recent press conference, Toyota's North American CEO, Tetsuo Ogawa, expressed strong discontent with current U.S. government regulations that push for electric vehicle (EV) sales. He conveyed that these policies not only stifle consumer choice but also risk hampering the automotive industry’s stability and innovation.

Italy's Auto Industry Faces Existential Crisis as Lobby Group Warns of Impending Collapse

2 months ago

The Italian automobile sector is grappling with unprecedented challenges that threaten its very survival, according to a recent report from a prominent automotive lobby organization. The dire situation has prompted industry leaders to call for urgent measures to ensure the future of what has been a cornerstone of the Mediterranean country's economy.

Renault and Stellantis Anticipate Surge in Electric Vehicle Sales Amid Price Cuts

2 months ago

Renault and Stellantis, two major players in the automotive industry, are optimistic about a resurgence in electric vehicle (EV) sales as a result of recent price reductions on their models. This promising outlook comes in the wake of a challenging year for EV manufacturers, marked by rising costs and shifting consumer preferences.

EU Slaps Tariffs on Chinese Electric Vehicles: A Move to Protect Homegrown Industry

3 months ago

The European Union has initiated a significant trade maneuver by imposing tariffs on electric vehicles (EVs) imported from China. This decisive action comes as a response to concerns about the increasing dominance of Chinese electric vehicles within the European market. The EU's decision aims to safeguard its own automotive industry, which is currently grappling with fierce competition from Chinese manufacturers.

Electric Car Slowdown: Why EV Sales Are Struggling

3 months ago

The hitherto high-flying electric vehicle market has been rather unexpectedly tanking lately. Although the climate crisis would theoretically mount pressure on industry players to shift towards greener alternatives, the sales of late reflect a notable slump in electric car purchases globally. Some worrisome trends have started to raise the most relevant questions about the future of electric mobility.