McLaren is undergoing a significant transformation towards sustainable mobility through a merger with Forseven Holdings, a luxury EV startup. The merger positions McLaren to access advanced electric vehicle technology, potentially integrating Nio’s state-of-the-art battery and software innovations. CYVN Holdings, a major shareholder in Nio, plays a key role in facilitating this collaboration, holding a 20.1% […]
Tesla faces a “rough quarter” due to global economic pressures and political uncertainties. Tariffs, particularly those targeting China, threaten to increase costs in Tesla’s supply chain. Former Tesla board member Steve Westly highlights the need for strategic foresight and contingency planning. Tesla continues to drive the transition to sustainable energy with its focus on cleaner […]
The Mazda 6e is Mazda’s first global electric sedan, produced at the Nanjing Plant, embodying the brand’s commitment to electrification. Changan Mazda’s collaboration enhances the vehicle’s engineering, combining advanced EV tech with Mazda’s signature design. The 6e is set to enter the global EV market, with plans to launch in Europe, Thailand, and Southeast Asia. […]
Tesla faces challenges with public protests and declining sales, highlighted by a 42% decrease in European sales in Q1. CEO Elon Musk’s involvement in politics has cast a shadow over Tesla, referred to derisively as the “Department of Government Efficiency” (DOGE). Lucid Group emerges as a strong contender, attracting disillusioned Tesla customers, with half of […]
Xiaomi, Xpeng, and Leapmotor showcased strong growth in March, each delivering around or over 30,000 electric vehicles. Xiaomi’s delivery milestone of over 29,000 units was shadowed by an accident involving its SU7 model in autopilot mode. Xpeng achieved a 268% year-over-year delivery increase, solidifying its position with the Mona M03 model’s success. Leapmotor expanded its […]
BYD, the Chinese automotive titan, has surpassed Tesla as the leading global seller of battery electric vehicles (BEVs) for two consecutive quarters. BYD achieved 416,388 BEV deliveries in Q1 2025, overshadowing Tesla’s 336,681 units, continuing its momentum from late 2024. The rivalry highlights BYD’s rapid strategy execution, leveraging local dominance, strategic investments, and affordable options. […]
BYD leads the global EV market with record-breaking sales, signaling a major shift in automotive trends. March sales reached 377,420 new energy vehicles (NEVs), with 166,109 pure electric and 205,310 plug-in hybrids sold. The first quarter saw NEV sales surpass 1 million, marking a 59.81% year-on-year increase. BYD’s strategic pivot from internal combustion to electric […]
Electric Vehicle Trend Accelerates Across Africa The shift towards electric vehicles (EVs) in Africa is rapidly gaining momentum, supported by government policies, international investments, and partnerships with major automobile manufacturers. This shift promises to revolutionize mobility on the continent, enhancing air quality and reducing carbon emissions significantly. South Africa Leading the Way South Africa emerges […]