Browsing: Subsidies

Hyundai  plans to temporarily suspend production of some electric vehicle (EV) models at its Ulsan facility in South Korea due…

Global electric vehicle (EV) sales climbed to 1.7 million units in March and reached 4.1 million for the first quarter…

Shanghai has broadened the scope of its car trade-in subsidies, allowing residents to use vehicles registered outside the city to…

Stellantis has introduced a retrofit program in France that allows owners of diesel-powered light commercial vehicles to convert them into…

Chinese electric vehicle (EV) manufacturer BYD is stepping up its efforts to grow in South Korea, aiming to double its…

Spain has reactivated its electric vehicle (EV) subsidy programme Moves III, retroactive to January 2025, and injected an additional €400…

Serbia’s Ministry of the Economy has pledged €3.5 million in subsidies to Rivian SE Europe to bolster its European technology…

Kia will begin producing hybrid vehicles at Hyundai Motor’s new U.S. factory in Georgia starting in mid-2026, the company’s chief…

More than 3,600 electric buses were deployed across India in 2024, with Tata Motors maintaining its leadership in the segment,…

The Canadian government has announced a nationwide suspension of all federal subsidies for Tesla vehicles, escalating a trade dispute with…

Sales of zero-emission trucks and buses in China soared to a record 230,000 units in 2024, driven by a robust…

Indian electric vehicle charging solutions provider ThunderPlus has partnered with commercial EV financing firm Turno to establish a megawatt charging…

Li Auto reported fourth-quarter revenue of RMB 44.3 billion ($6.1 billion), aligning with analysts’ expectations and within its previously guided…

The European Union is investigating whether China provided unfair subsidies to support BYD’s planned electric vehicle (EV) plant in Hungary,…

Shanghai and Hefei will introduce financial incentives for battery swap stations starting April 1, 2025, a move that is expected…

Four Tesla stores in Canada recorded an average of 30 vehicle sales per hour, totaling 120 per hour across all…

Transport Malta has introduced an extensive grant scheme to support the purchase of new electric vehicles, including cars, vans, pedelecs,…

The European Commission plans to accelerate the adoption of electric vehicles (EVs) in corporate fleets by phasing out tax breaks…

India’s subsidy allocation for electric buses under the PM E-DRIVE scheme is being utilized swiftly, with the Ministry of Heavy…

South Tyrol will cut electric vehicle (EV) charging tariffs from March as part of a broader push to expand electromobility…