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Keywords: Electric Vehicles
Mercedes-Benz delivered mixed financial results in the second quarter of 2026, with stronger operating profitability offsetting a decline in revenue and weaker global vehicle sales. The German automaker benefited from solid performances in its financial services and commercial vehicle divisions, but......
German luxury sports car manufacturer Porsche is preparing to reduce its workforce by around 5,000 positions over the coming years as part of a broader restructuring plan aimed at cutting costs and improving operational efficiency. Under an agreement reached with employee representatives, the workforce......
Chinese electric vehicle manufacturer BYD has made a major move into one of Japan’s most distinctive automotive segments by launching an electric kei car, becoming the first foreign automaker to challenge a market historically dominated by Japanese brands. The announcement marks a strategic expansion......
Morocco is steadily emerging as a strategic player in the global supply chains for electric vehicle batteries, supported by its abundant mineral resources, strategic geographic position and extensive network of trade agreements. According to the International Energy Agency's Global Critical Minerals......
Stellantis is accelerating its strategic refocus on vehicle manufacturing by divesting its Free2move car-sharing business, marking another step in CEO Antonio Filosa's plan to streamline the group's operations and prioritize its core automotive activities. The French-Italian automaker confirmed......
Tesla has secured a legal victory in the United Kingdom that allows the electric vehicle maker to continue its challenge over licensing terms for 5G technology used in connected vehicles. The company won an appeal at the UK Supreme Court, which ruled that patent holders participating in licensing platforms......
The joint battery factory project developed by CATL and Stellantis in northeastern Spain will rely on a significant Chinese workforce during its construction phase, as the partners accelerate efforts to establish a major electric vehicle battery production hub in Europe. The facility, located in the......
Audi is preparing to deepen its collaboration with parent company Volkswagen as the premium carmaker seeks to reposition its business in response to weakening demand in key international markets and growing pressure across the global automotive industry. The strategic direction was outlined by Audi......
South Korean battery manufacturer LG Energy Solution (LGES) is moving forward with plans to establish a large-scale lithium hydroxide refinery in Morocco, reaffirming the Kingdom's growing importance in the global electric vehicle battery supply chain despite ongoing market challenges. The company......