OPEC further trims global oil demand outlook for 2024 & 2025
OPEC maintained its prediction from September 2024 that the global economy would expand by 2.9% in 2025 and 3.3% in 2024, respectively...
Tag : electric vehicles
IF Insights: Despite strong sales data, challenges still aplenty for American electric vehicles sector
The price difference between internal combustion engines operating on fossil fuels and electric vehicles has shrunk so quickly that upfront sales prices are hardly different...
IF Insights: EU talks tough at China on trade front, but at what cost?
China has already built a solid domestic manufacturing ecosystem for its EV industry, and companies are simply reaping the benefits of it...
MENA banks pave the way to a greener future
ESG-focused finance in the retail and commercial markets is the most innovative way that banks can assist climate goals...
United Kingdom installs more rapid charging points to end EV owners’ ‘range anxiety’
Nine out of 12 regions of the United Kingdom installed more than 100 rapid chargers during the past year, the data revealed further...
Tesla poised for record sales in China despite market pressure
Tesla's market share in China's battery electric vehicle market will decline in the quarter to 13.7% from 16% in the first three months of 2023...
IF Insights: Will Brexit bring doom for the UK automobile sector?
Before Brexit, the UK was part of the EU's single market and customs union, allowing the free movement of goods, services, and capital...
Who will be the next electric vehicle powerhouse? Experts answer
According to industry experts, the percentage of electric vehicles in passenger cars will increase from 1.3% in 2022 to over 21% by 2027...