Petrol price spikes from the Iran war are boosting used electric vehicle (EV) sales across Europe, with platforms seeing a
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The Iran war's impact on gasoline prices has created uncertainty for carmakers and buyers. Martin Miller, owner of a UK
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The Ford electric vehicle battery factory in Kentucky, once a major economic boost, abruptly shut down four months after opening,
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Indian specialty chemicals firm GFCL EV Products Limited has launched its Omani subsidiary, GFCL EV (SFZ) LLC, to establish the
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Ford reported heavy losses of $11.1 billion for the last quarter, impacted by restructuring its electric vehicle business and a
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Stellantis announced $27 billion in charges, scaling back EV ambitions and hitting shares hard. The writedown, larger than the company's
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Tesla's annual profit dipped to $3.8 billion, down from $7.1 billion as competition surged from companies like BYD and Volkswagen.
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Tesla lost its status as the world’s biggest electric vehicle seller after Congress and Trump ended federal tax credits. Tesla’s
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In Chengdu, massive car discounts reflect China's oversupplied auto market. Government policies spurred production, causing excess inventory, price wars, and
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The Public Authority for Special Economic Zones and Free Zones (OPAZ) signed an agreement with Salalah Free Zone for an
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