Rivian receives 68,000 reservations for R2 e-SUV in less than 24 hours

Rivian receives 68,000 reservations for R2 e-SUV in less than 24 hours

The Rivian R2, an all-new electric midsize SUV, has caused seismic ripples in the automotive world by securing impressive 68,000 reservations in less than 24 hours, generating approximately $7 mill

Chevy Blazer EV back on sale with significant price reduction

Chevy Blazer EV back on sale with significant price reduction

Triumphantly emerging from the shadows of the Chevrolet Blazer EV hiatus, General Motors (GM) has announced that the battery electric mid-size crossover SUV has returned to the market with a game-c

Tesla aims to addresses Supercharging challenges with NACS extension cable

Tesla aims to addresses Supercharging challenges with NACS extension cable

Tesla Motors, the trailblazer in the global electric car industry, is taking a proactive step to address the evolving challenges at its Supercharging stations through the development of a NACS exte

Hyundai’s trade-in program in Korea encourages switch to electric cars

Hyundai’s trade-in program in Korea encourages switch to electric cars

In a strategic move to promote EV adoption, South Korean automobile giant Hyundai Motor Company has announced the launch of a groundbreaking trade-in program to incentivize buyers to switch to EVs

2025 Hyundai Ioniq 5 to get bigger battery, more buttons & rear wiper

2025 Hyundai Ioniq 5 to get bigger battery, more buttons & rear wiper

Hyundai’s beloved Ioniq 5 compact crossover electric SUV is set to captivate enthusiasts once again, thanks to a series of upgrades announced by the brand for the anticipated 2025 model year.

Hyundai reports 40 per cent surge in U.S. Ioniq EV sales for February 2024

Hyundai reports 40 per cent surge in U.S. Ioniq EV sales for February 2024

In a resounding testament to its growing influence in the US electric vehicle (EV) market, South Korean automaker Hyundai Motor Company has reported a remarkable jump of 40 per cent in sales of the

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News in Focus

Second-hand EV market experiences persistent decline in prices in Q2 2024

In the ever-evolving electric vehicle (EV) sector, the second-hand market witnessed a noteworthy development in the second fiscal quarter of 2024 – a persistent decline in prices.

Revamped 2024 Ford Mustang Mach-E now open for online orders

Ford Motor Company has unleashed its latest offering in the electric vehicle (EV) market: the 2024 Ford Mustang Mach-E, a battery-electric compact crossover SUV that is now available for online ord

Time for Increase M&A Activity in European FinTechs

In the ever-evolving landscape of European FinTech and banking, 2024 is poised to witness a resurgence in mergers and acquisitions (M&A) activity, driven by compelling market dynamics outlined

US won't support Counter Action Against Iran: Biden

President Biden's recent conversation with Israeli Prime Minister Benjamin Netanyahu has sparked significant attention, with revelations that the U.S.

NASA may use GM's Ultium EV technology to drive next lunar vehicle

The National Aeronautics & Space Administration (NASA) lunar vehicle development team may use General Motors’ (GM’s) cutting-edge Ultium EV technology for its Artemis campaign, which aims to se

Lucid Air sets new delivery record in Q1 2024

Lucid Group Incorporated, an American manufacturer of luxury electric vehicles (EVs) headquartered in the Newark area of California, hit a significant milestone in the first quarter (Q1) of 2024, a