Chinese electric vehicle maker Nio

Nio’s Strategic Shift: Launching First Hybrid Model for International Markets in 2026

Chinese electric vehicle (EV) maker Nio is preparing to launch its first-ever hybrid model in 2026, exclusively for international markets including the Middle East, North Africa, and Europe. The hybrid, developed under the new “Firefly” brand, aims to address infrastructure...
electric vehicle

Electrifying Rise of EVs: A Quiet Revolution in Transportation

Over the past decade, the electric vehicle (EV) market has seen significant strides, thanks to remarkable advancements in battery technology. As battery energy densities have soared and production costs have plummeted, EVs are now on a trajectory to compete head-to-head...
EU-CHINA

EU Faces Trade Tensions with China as Electric Vehicle Tariffs Survive a Close Vote

October 4 marked a pivotal moment in Europe’s trade policy as the European Commission narrowly avoided a significant setback in its plan to impose countervailing duties on electric vehicles (EVs) imported from China. The duties, aimed at countering what the...
Car manufacturing

Electric Vehicle Industry’s Challenge: Tesla, GM, and Ford Scale Back Production Amidst Growing Demand Concerns

SAN FRANCISCO Tesla, General Motors, and Ford have been cautious about expanding electric vehicle production capacity due to economic uncertainties and concerns about a slowdown in demand. Tesla CEO Elon Musk expressed concerns that higher borrowing costs could prevent potential...