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Keywords: Electric Vehicles
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 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 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......
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......
The new six-seat Model Y L from Tesla has emerged as a strategic success in China, amassing over 120,000 orders since its debut on August 19. Averaging nearly 10,000 orders daily, the SUV began deliveries on September 2, marking Tesla’s most significant product expansion in the Chinese market in......
Renault’s new CEO, François Provost, has initiated a major reshuffle of the company’s executive leadership, effective Monday, September 1, aiming to accelerate growth and improve commercial efficiency across the brand portfolio. A new role of Chief Growth Officer has been created to......
Kenitra, July 18, 2025 — Morocco is taking a major step forward in its automotive sector as Stellantis announces a significant €1.2 billion investment in its Kenitra plant, confirming the country’s growing role as a hub for sustainable and electric vehicle production. This investment......
Morocco has emerged as a pivotal player in the global automotive sector, transforming from an outsider to the leading car producer in Africa. Remarkably, it has become the primary supplier of vehicles to the European Union, surpassing established giants......
Tesla's electric vehicle sales in the European Union dropped by half in April, while Chinese manufacturers gained ground during the same period, according to data released on May 27 by industry sources. The sharp decline is attributed to the controversial stance of Tesla’s CEO, Elon Musk, particularly......