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Keywords: Electric Vehicles


Seres targets $1.7 billion Hong Kong IPO, leveraging Huawei partnership

Chinese electric vehicle (EV) manufacturer Seres Group is set to launch one of Asia's largest tech IPOs of 2025, aiming to raise up to $1.7 billion in Hong Kong. The move underscores the company’s strategic partnership with Huawei and its ambitions to fund global expansion and technological......

Tesla recalls over 63,000 Cybertrucks to fix lighting defect

Tesla has issued a recall for 63,619 Cybertrucks in the United States due to an issue with overly bright front parking lights, which could pose a safety risk to oncoming drivers. The vehicles, produced between November 13, 2023, and October 11, 2025, will receive a free over-the-air (OTA) software update......

Germany holds emergency meeting to challenge EU Ban on combustion engines

The German chancellor, Friedrich Merz, convened a crisis meeting on Thursday, October 9, bringing together key players from the automotive industry in an effort to lift the European Union’s planned ban on new combustion engine vehicles. The meeting includes manufacturers, suppliers, trade unions,......

Morocco partners with Chinese automaker to boost electric utility vehicle production

Chinese electric vehicle manufacturer Jinxiu Shanhe Automotive has signed a landmark agreement with a Moroccan company to export 500 electric utility vehicles, marking the first step in a larger program that aims to deliver 20,000 units. The partnership also includes plans to establish a local assembly......

Leapmotor arrives in Morocco, Opening a new chapter in electric mobility

Leapmotor, a leading Chinese electric vehicle (EV) manufacturer, has officially launched in Morocco, marking a major step forward in the kingdom’s transition towards cleaner and more sustainable transportation. This announcement comes under the strategic partnership with Stellantis, the automotive......

Elon Musk’s $1 billion Tesla stock buy sparks investor optimism amid EV market challenges

Elon Musk has made a bold move to reinforce confidence in Tesla, purchasing nearly $1 billion worth of its stock in open-market transactions. This marks his first such acquisition since 2020, as Musk acquired approximately 2.57 million shares at prices ranging from $372.37 to $396.54 per share. The transaction......

China unveils plan to stabilize car sales

China announced on Saturday a two-year plan aimed at stabilizing growth in its automotive sector, which has been under pressure from an intense price war among manufacturers and rising trade barriers abroad. According to official figures, overall vehicle sales are expected to grow by about 3% in 2025,......

Morocco unveils first auto expo focused on hybrid and electric vehicles

Morocco is advancing its green mobility agenda with the launch of its first auto expo exclusively dedicated to hybrid and electric vehicles. This initiative underscores the country’s growing role in sustainable transportation and its aspirations to emerge as Africa’s leading hub for electric......

Morocco’s electric vehicle market booms, but charging infrastructure lags

Electric vehicles (EVs) are gaining ground in Morocco, but the charging infrastructure remains a weak link. Despite a growing market, the Intersectoral Professional Association for Electric Mobility (APIME) warns that regulatory and financial obstacles are slowing the transition. While the shift to green......