electric vehicle market

Opinion: How pure EV architecture enables scalability and profitability in manufacturing

Embracing a pure EV architecture yields several advantages for manufacturers.New Delhi: The electric...

How will the government's decision on the FAME 3 initiative impact EV adoption in India?

Another important aspect is that the integration of technological innovations with policy measures l...

Tesla profits tumble 55% as EV sales under pressure

Tesla is committed to "company-wide cost reduction" as part of an effort to achieve "profitable grow...

Why Elon Musk's Tesla is facing crisis in US EV market? Will Joe Biden administration's tariff put brakes on EVs?

While other manufacturers are doing well, Tesla, the leading EV producer, is facing issues.The state...

Tata Motors makes its entry into top 10 global auto cos with USD 51 bn market cap

The company's impressive turnaround is a testament to strategic planning and execution, positioning ...

French auto supplier association warns sector risks losing half its jobs

The head of French auto supplier association Fiev warned that the sector was at risk of losing half ...

South Korean battery maker SK On to cut workforce amid challenging EV market

South Korean battery maker SK On plans to introduce voluntary workforce reduction measures.South Kor...

South Korean battery maker SK On to cut jobs amid challenging EV market

SK On said it is set to offer a voluntary package to employees who agree to leave. South Korean batt...

With 23% CAGR, global EV market to soar to USD 2108 billion by 2033: Report

The global electric vehicle market, valued at USD 255 billion in 2023, is projected to reach USD 2,1...

British auto industry set to miss 2024 EV sales target, trade body warns

Britain's ZEV mandate, introduced by the former Conservative government, requires at least 22% of an...