Author: Tyne Rodriquez

Chinese automaker BYD is expected to surpass Tesla in global battery electric vehicle (BEV) sales for the first time in 2025, according to a new forecast by Counterpoint Research. The market researcher said in a report on Wednesday that BYD is projected to capture 15.7% of the global BEV market next year, driven by its production scale, technological advancements, and strong government backing. “This is a big opportunity for BYD, and if they deliver on the fast-charging promise, this could be the turning point for BYD and the China BEV story globally,” said Liz Lee, associate director at Counterpoint. See…

South Korea’s LG Energy Solution announced on Tuesday that its U.S. unit will acquire the assets of its Michigan electric vehicle (EV) battery joint venture with General Motors for $2 billion. The final value of the transaction, expected to be completed by May 31, remains subject to due diligence, LG Energy Solution said in a regulatory filing. See also: LG Energy Solution’s Arizona Plant on Track for 2026 Battery Cell Production The acquisition follows General Motors’ decision to scale back its EV expansion plans amid uncertainty over U.S. government policies on battery production and consumer tax credits. The automaker confirmed…

Isuzu Motors and Accelera, the electric brand of U.S.-based Cummins, will launch a battery-electric powertrain for Isuzu’s F-Series medium-duty trucks, with production scheduled to commence in 2027. The companies, which have been collaborating since 2019, have now formalized a supply agreement that will see Accelera providing key electric components for Isuzu’s Class 6 and 7 battery-electric trucks. The move follows initial customer trials that began in October 2022. “The integration of Accelera’s advanced components into this truck showcases our expertise as a leader in zero-emissions powertrain technology and our commitment to delivering innovative solutions tailored to our customers’ needs,” said…

Fastned, the Dutch fast-charging network operator, is advancing its expansion strategy with a goal of operating 1,000 charging parks across Europe by 2030. The company’s latest annual report highlights steady growth, with 346 active locations in seven countries and an additional 139 sites secured for future development. Fastned, one of Europe’s leading high-power charging (HPC) operators, saw its network grow to 2,109 charging points in 2024—marking a 23% increase compared to the previous year. The number of charging sessions also rose by 35% to five million, while renewable energy delivered at its stations climbed 41% year-on-year to 140 GWh. “The…

Registrations of new electric cars in Europe rose 26% year-on-year to 164,148 units in February, according to data from JATO Dynamics. Despite the overall market growth, Tesla’s sales fell to their lowest February figure in five years, though its Model 3 and Model Y remained the two best-selling EVs. Volkswagen overtook Tesla as the best-selling EV brand in February, increasing sales by 180% to 19,565 units. Tesla followed with 15,737 units, while BMW, Audi, Renault, and Kia also posted significant gains. See also: UK EV Sales Surge in February Ahead of Upcoming Tax Changes JATO analyst Felipe Munoz attributed Tesla’s…

Blink Charging, a leading charge point operator, has announced plans to install 50 electric vehicle charging stations across select locations in Mexico. The initiative is part of the Porsche Destination Programme and will offer free charging for Porsche drivers at participating sites. The new chargers will be deployed at premium hotels, retail centers, and restaurants throughout Mexico, according to a Blink statement. In addition to free charging at these locations, Porsche owners will receive a 35% discount at all other Blink Charging stations in the country. See also: Blink Charging Expands EV Charging Network at Royal Farms Locations in Maryland…

IM Motors, the electric vehicle (EV) arm of SAIC Motor Corp, has officially launched its LS6 electric SUV in Thailand, marking the company’s first step into overseas markets. Rebranded as the IM6 for the Thai market, the SUV was unveiled at an event in Bangkok on March 18, IM Motors announced on Friday. See also: IM Motors Ships First Batch of LS6 Electric SUVs to Thailand Ahead of Market Debut The model comes in two variants: the Premium version, priced at 1,399,900 baht ($41,600) with a 75-kWh battery and a 550-km range, and the Performance version, priced at 1,799,900 baht,…

Swedish mining equipment manufacturer Epiroc has received an order from Canada’s Hudbay Minerals for a fleet of battery electric vehicles (BEVs) to be deployed at the Lalor Mine in Manitoba, the company said on Thursday. The order, valued at approximately 100 million Swedish crowns ($9 million), includes battery-electric versions of the Boomer M20 SG longwall drill rig, Scooptram ST18 SG and ST14 SG loaders, and the Minetruck MT42 SG haul truck. The vehicles are scheduled for delivery between the first and third quarter of 2025. See also: EACON Mining Reaches Milestone with 800 Autonomous Haulage Trucks Deployed Hudbay Minerals, one…

The European Bank for Reconstruction and Development (EBRD) is providing a €50 million loan to Turkish leasing company TEB Arval to support the acquisition of 1,200 electric and plug-in hybrid vehicles, advancing the country’s transition to low-carbon mobility. TEB Arval, a 50:50 joint venture between TEB Holding A.S. and Arval Service Lease SA, aims to significantly expand the share of electric vehicles in its fleet by 2027. See also: Hyundai to Begin Electric Vehicle Production at Turkey Plant in 2026 “By integrating electric vehicles into its fleet, the company is not only reducing its carbon footprint but also setting a…

Volvo Trucks South Africa has delivered two all-electric FH 6×4 truck tractors to Vector Logistics, marking a significant step toward sustainable food distribution in the country. The trucks will be used in Gauteng and Cape Town, paired with refrigerated trailers to support the company’s cold chain operations. The battery-electric trucks, Volvo’s first “bumper-to-bumper net-zero” models in South Africa, are powered by three electric motors generating a combined 665 horsepower. With six battery packs offering a total capacity of 540 kWh, the vehicles can achieve a range of 200 to 300 kilometers when fully charged, according to Volvo Trucks. See also:…

Xpeng  has unveiled images of its refreshed 2025 G9 SUV, marking the latest step in the Chinese electric vehicle (EV) maker’s product overhaul. The update follows recent announcements of the new G7 and the revised G6, which is set for an official launch next week. Describing the 2025 G9 as an “AI flagship SUV with pinnacle technology,” Xpeng said the model aims to redefine the mobility experience. The G9 was initially launched in September 2022 but faced criticism over its complex trim structure, leading to a streamlined and more affordable 2024 version introduced last September. See also: Xpeng Expands into…

Uber CEO Dara Khosrowshahi has revealed that Tesla rejected a partnership opportunity and instead chose to develop its robotaxi platform independently. Speaking in an interview reported by Fortune, Khosrowshahi said discussions with Tesla CEO Elon Musk took place, but Musk insisted on an in-house approach for the ride-hailing service. “I’ve had conversations with him at this point. They want to build it alone, so to some extent in Austin, we and Waymo will be competing with Tesla when they launch… Life is long, but we would love to partner with them,” Khosrowshahi stated. See also: Tesla’s 2025 Robotaxi Plans to…