SASCO leads Saudi automotive sector with Vision 2030 goals
SASCO announced the implementation of the ‘Self-Service System’ in all its stations...
Tag : electric vehicle
Ferrari’s first EV, stated to be launched in 2025, to cost over USD 500,000
Ferrari has demonstrated that it can succeed in markets outside of the two-seat sports cars and grand tourers that it has traditionally produced, with the 2022 launch of the Purosangue SUV...
Business Leader of the Week: Challenges await Akio Toyoda as he gets re-elected as Toyota boss
Akio Toyoda, despite his approval slippage, has remained popular in the global automobile circle and among Japanese retail investors, given Toyota's record business results under his watch...
BYD slows down Vietnam plans as it gears up to challenge Tesla’s dominance
The announcement of BYD's investment plans by the Vietnamese government came after BYD CEO Wang Chuanfu's May 2023 visit to the nation...
IF Insights: Plug-in hybrid momentum propels automakers toward EV flexibility
Data from market research firm BloombergNEF shows that between 2022 and 2023, sales of plug-in hybrids increased by 43% to over 4.2 million units...
Tesla stock tumbles after Wells Fargo’s ‘no growth’ statement
Tesla will increase prices for all Model Y cars in the United States by USD 1,000 from April 2024...
Apple reveals its ‘AI Plans’ as Microsoft invests in OpenAI rival
Apple is planning to use AI to improve the ability to search through data stored on its flagship devices...
IF Insights: ‘Solid State’ of battery affair awaits electric vehicle industry
Solid-state cells are the inevitable future of the electric vehicle industry, especially when it comes to raising the vehicles' safety and energy-related parameters, apart from ensuring faster recharge times...
Business Leader of the Week: Meet Robin Zeng, China’s battery king
As of March 30, 2023, Robin Zeng has a real-time net worth of USD 33.9 billion, according to Forbes...
IF Insights: From record-breaking sales to business setbacks, EV sector witnesses a mixed 2023
Early EV buyers were largely higher-income, willing to try unfamiliar technology, and more likely to be able to charge their electric vehicles at home...