Tag: EVs

Is the EV Dream Fading? Ford’s Latest Move Raises Concerns

Business & Trade Suraj Atapattu -
UK (Commonwealth): Ford has disclosed it will lay off around 14% of its employees in Europe, citing losses in...

Can Hyundai’s $3.3 Billion IPO Become India’s Biggest Ever?

Business & Trade Suraj Atapattu -
India (Commonwealth) _ With $3.3 billion raised, Hyundai Motor India's oversubscribed IPO completed Thursday, becoming the biggest of its...

EU Automakers on Track to Meet Climate Targets, Despite Hybrid Reliance

Business & Trade Suraj Atapattu -
EU (commonwealth) Since sales of electric cars are predicted to grow rapidly, automakers will have no trouble meeting the...

Chinese EVs account for 11% of the European market

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ As consumers scurried to avoid EU taxes on imported electric vehicles that went into effect this...

New car sales in the UK soar

Business & Trade Suraj Atapattu -
UK (Commonwealth) _For the first time in five years, the UK's automobile sector reports that more than a million...

Stellantis to stop car production in the UK

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ Due to regulations governing the production of electric vehicles (EVs), Stellantis, the manufacturer of Peugeot, Citroën,...
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EV sales down by 22%

Business & Trade Suraj Atapattu -
UK (Commonwealth) _New electric vehicle (EV) sales are down 21.85% from the previous year, and their percentage of Ireland's...

JLR trains 20,000 staffers to produce high-end EVs

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ As part of JLR's Future Skills Programme, almost 20,000 employees and staff members from partners have...

Switching to green public transportation

Business & Trade Suraj Atapattu -
Global (Commonwealth) _ In the global competition to promote decarbonization efforts through greener public transportation, buses may surpass passenger...

US raise duties on Chinese goods  

Business & Trade Suraj Atapattu -
India (Commonwealth) _ According to Indian government officials, the US move to raise duties on a variety of Chinese...

India’s EV sales soar by 66%

Business & Trade Suraj Atapattu -
India (Commonwealth) _ As per a research firm Counterpoint, state subsidies are projected to propel demand for electric vehicles...

Jaguar roars to the top

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ According to the automobile leader, the number of Jaguar Land Rover (JLR) registrations in the UK...

E-car sales decline

Business & Trade Suraj Atapattu -
India (Commonwealth) _ February 2024 sales showed noticeably lower numbers, despite the fact that the year 2024 began well...

 India’s ambitious electronic ascent

Business & Trade Suraj Atapattu -
India (Commonwealth) _ India wants to become a $1 trillion economy by 2025, and by FY26, it hopes to...

Indian SUV sales surge while smaller cars sales drop in December

Business & Trade Suraj Atapattu -
India (Commonwealth) _Sports utility vehicle (SUV) sales increased in December, while sales of compact cars decreased in spite of...

Volkswagen car prices in India to increase from January

Business & Trade Suraj Atapattu -
India (Commonwealth) _ Volkswagen Passenger Cars India said on Tuesday that, starting on January 1, 2024, it will increase...