Chinese electric vehicle industry boom: A boost to the Western economy

Global electric vehicle outlook - A representational image

A brief history of the automotive industry and the advent of electric vehicles Undoubtedly, exports bolster a country’s economy, and automobiles are the most beloved among the export categories. For perspective, it was through automobile exports that Germany and Japan gained advanced industrial economy status. The first gasoline-powered commercial car in the world was launched […]

Lucid Motors opens its first workshop in Oslo

Lucid Motors opens its first workshop in Oslo Norway

Lucid Group, Inc., which sets new standards with the longest-range, fastest-charging electric car on the market, recently announced the opening of its new location European sales outlet in Oslo, Norway. The one in Oslo is the fourth point of sale in Europe and will open its doors to the public on Saturday, March 4. The studio opening will be attended […]

BYD unveils Atto 3 and Seal at India Auto Expo 2023

BYD, the global leading new energy vehicle (NEV) manufacturer, presented its new luxury model BYD Seal and the limited edition of BYD ATTO 3 in its iconic color Forest Green at the Indian Auto Expo 2023. BYD Seal, whose sales have exceeded 50,000 within 5 months in China, is planned to be launched in India […]

Stellantis and Samsung SDI partner for lithium-ion batteries in the US

Stellantis, The Netherlands-based automaker and mobility provider and Samsung SDI, a South Korea-based lithium-ion manufacturer, today announced that their companies have entered into a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. Targeted to start in 2025, the plant aims to have an initial annual production […]