Tag: Market trends

It’s Tuesday, July 23, 2024, and we have some interesting updates in the automotive industry. Tesla CEO Elon Musk has been making moves that are impacting the company’s stock price. Despite some setbacks like...

The push for EV battery factory construction in North America has gained momentum in recent years, with the onshoring of battery manufacturing becoming a significant trend. This shift was initially sparked by the COVID-19...

Genesis made a recent announcement that they are shifting their focus to hybrid vehicles alongside electric vehicles after 2025. This decision came after realizing that their target audience is more open to the idea...

The 2025 BMW 1 Series has received a significant price increase, with the cheapest model now costing $13,500 more than it did five years ago. However, this price hike comes with a range of...

Tesla has been facing a decline in global deliveries since 2020, but recent aggressive price cuts have helped boost sales, according to the latest data from the company. Despite the improvement, global deliveries are...

Car shopping has been a frustrating experience for many people in recent years due to record high new car prices caused by pandemic-related delays and vehicle shortages. However, there is good news on the...

Trade dynamics between the US and Germany are witnessing a significant shift, with the US emerging as Germany's top trading partner in the first quarter of 2024, replacing China. This switch in trade partners...

Electric vehicle manufacturer Rivian is focused on improving profitability by streamlining its production process and reducing costs. CEO RJ Scaringe revealed that the company has eliminated over 100 steps from the battery-making process, 52...

Stellantis is expected to shift its focus to electric vehicles by 2040, according to analyst Sam Fiorani. Until then, a significant number of vehicles will continue to use internal-combustion engines. On the other hand,...

The UK car registration figures for May brought some positive news for manufacturers trying to persuade private buyers to switch to electric vehicles. In May, EV sales in the retail sector only decreased by...