Volkswagen is ramping up its electric vehicle (EV) ambitions in the United States with a massive $24 billion investment over the next decade. The German automaker announced plans to build a new EV assembly plant in Chattanooga, Tennessee, and expand production at its existing plant in Puebla, Mexico.

Volvo is making it easier for customers to understand its electric vehicle lineup by introducing a simplified naming system for its upgraded electric models. The new names are designed to be more intuitive and easier to remember, and they reflect the company's commitment to electrification.

Electric vehicle (EV) insurance registrations in China surged in February, according to data from the China Insurance Regulatory Commission (CIRC).

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.

India, the world's second largest automobile market, is witnessing a transformative shift in the automotive sector as electric vehicles (EVs) gain momentum. Once considered a niche segment, EVs are now capturing the attention of both consumers and manufacturers alike, propelling India towards a greener and more sustainable transportation future.

In an era characterized by rapid advancements in electric vehicle (EV) technology, Xiaomi has unveiled its latest offering, the Xiaomi SU7, poised to make a significant mark in the automotive industry. With its sleek design, cutting-edge features, and competitive pricing, the Xiaomi SU7 promises to redefine the segment of affordable and feature-packed EVs.

In an unprecedented move, Japanese automotive giants Honda and Nissan have announced a groundbreaking partnership to jointly develop electric vehicle (EV) technology, marking a significant shift in the global EV landscape. The alliance aims to leverage the combined strengths of both companies to accelerate innovation and competitiveness against formidable Chinese rivals that currently lead the EV market.

VinFast, the renowned Vietnamese electric vehicle (EV) manufacturer, has embarked on a significant milestone in its international growth strategy with the grand opening of its first dealership in Indonesia. This move marks a pivotal step towards VinFast's broader goal of establishing a global presence and solidifying its position as a leading EV brand worldwide.

The Kingdom of Saudi Arabia is poised to become a major player in the burgeoning global electric vehicle (EV) market. The nation's sovereign wealth fund, the Public Investment Fund (PIF), has awarded a $1.3 billion contract to Lucid Motors to establish a manufacturing facility in the kingdom. This significant investment marks a pivotal step in Saudi Arabia's ambitious plans to become a regional EV hub and diversify its economy beyond oil.

Tesla, the pioneering electric vehicle (EV) manufacturer, has faced a significant setback with the recent announcement that it has scrapped its plans to produce a low-cost model. This decision signifies a strategic shift for the company, which had previously placed high hopes on expanding its market reach with an affordable EV option.