The German electric car market saw a record-breaking month in December 2023, with over 54,654 new electric cars registered. This represents a significant 21.6% increase from November and marks a strong finish to a year that saw a total of 524,219 new electric car registrations in Germany.

Fiat Chrysler Automobiles (FCA) has issued a warning that the proposed electric car incentive return could harm automakers and slow the adoption of electric vehicles (EVs). The incentive return is a policy that would require automakers to repay the government for any electric car incentives they receive if the automaker's electric car sales exceed a certain threshold.

In a world grappling with environmental concerns and rising fuel costs, the automotive industry is experiencing a paradigm shift towards electric vehicles (EVs). However, the high price tags associated with EVs have often hindered their widespread adoption. Recognizing this challenge, automakers and industry experts are now setting their sights on developing affordable EVs that can revolutionize the market.

Illustration 2: A close-up of the Lyriq's front grille, showcasing its sharp lines and futuristic design.

BMW, the German luxury automaker renowned for its performance and innovation, has announced a groundbreaking expansion of its electric vehicle (EV) lineup. With the ambitious goal of achieving net-zero emissions by 2050, BMW is unleashing a fleet of new EVs designed to reshape the automotive industry and propel the world towards a sustainable future.

Chinese electric vehicle (EV) giant BYD has made a bold move to shake up the industry, slashing the starting price of its most affordable model, the Seagull, by a significant 54%. The lowered price, which now stands at 67,800 yuan ($9,950), is a major shift for BYD and a sign of intensifying competition in the rapidly growing Chinese EV market.

The electric vehicle (EV) industry is on the cusp of a global transformation, and India is eager to stake its claim as a major player. To facilitate this, the Indian government has recently implemented a tailored tariff structure specifically designed to entice American electric carmaker Tesla to establish a manufacturing presence in the country. This strategic move is part of India's broader goal to accelerate the adoption of EVs and reduce its reliance on fossil fuels.

The European automobile market is undergoing a transformative shift as electric vehicles (EVs) gain increasing traction. According to the latest data from the European Automobile Manufacturers' Association (ACEA), battery electric vehicle (BEV) registrations surged by 10.1% in February 2024, capturing a significant market share of 12%. This remarkable growth underscores the rapid adoption of EVs across Europe and the industry's commitment to sustainable mobility.

Bangkok, Thailand | March 28, 2023 - VinFast Global, the leading Vietnamese electric vehicle manufacturer, has announced a major expansion into the Thai market with the launch of four new electric vehicle (EV) models in 2024. This move underscores VinFast's commitment to becoming a global leader in the EV industry and its recognition of Thailand's growing potential as an EV hub.

Zeekr, the premium electric vehicle (EV) brand from Geely Auto Group, has taken a bold step towards global expansion with the announcement of its pre-orders for the Zeekr X-009 in Thailand. This move signifies the company's ambition to become a leading player in the rapidly growing EV market and cater to the increasing demand for premium and sustainable mobility solutions worldwide.