Nio’s weekly deliveries in China skyrocketed to their second-highest level ever, underscoring a remarkable surge in demand for the electric automaker. This outstanding growth highlights Nio’s rapidly expanding presence in the fiercely competitive EV market
BYD proudly marked a monumental achievement as its 14 millionth new energy vehicle (NEV) rolled off the production line at its Brazil plant, culminating in a special delivery to President Lula. This milestone showcases the company’s impressive global expansion and unwavering commitment to powering a cleaner, greener future
Brazil’s Weg is gearing up to export its locally made electric vehicle chargers to Europe next year, tapping into the region’s rapidly growing EV market and fast-tracking its global expansion, Reuters reports
China is making a powerful move to curb “irrational” competition in its electric vehicle industry, aiming to tame reckless market tactics and promote sustainable growth, Reuters reports. This crackdown targets chaotic pricing wars and cutthroat rivalries that have thrown the market into turmoil
