IndustryMagazineUsed EVs now cheaper than gas carsIFM CorrespondentJanuary 13, 2025January 16, 2025 by IFM CorrespondentJanuary 13, 2025January 16, 2025 Owners of electric vehicles are aware of the high cost involved in replacing a malfunctioning battery pack... Read more
FeaturedOil & GasOPEC further trims global oil demand outlook for 2024 & 2025IFM CorrespondentOctober 25, 2024 by IFM CorrespondentOctober 25, 2024 OPEC maintained its prediction from September 2024 that the global economy would expand by 2.9% in 2025 and 3.3% in 2024, respectively... Read more
FeaturedTransportIF Insights: Despite strong sales data, challenges still aplenty for American electric vehicles sectorIFM CorrespondentJuly 4, 2024 by IFM CorrespondentJuly 4, 2024 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... Read more
FeaturedTradingIF Insights: EU talks tough at China on trade front, but at what cost?IFM CorrespondentJune 20, 2024 by IFM CorrespondentJune 20, 2024 China has already built a solid domestic manufacturing ecosystem for its EV industry, and companies are simply reaping the benefits of it... Read more
EconomyMagazineMENA banks pave the way to a greener futureIFM CorrespondentDecember 29, 2023January 8, 2024 by IFM CorrespondentDecember 29, 2023January 8, 2024 ESG-focused finance in the retail and commercial markets is the most innovative way that banks can assist climate goals... Read more
EnergyFeaturedUnited Kingdom installs more rapid charging points to end EV owners’ ‘range anxiety’IFM CorrespondentSeptember 6, 2023September 5, 2023 by IFM CorrespondentSeptember 6, 2023September 5, 2023 Nine out of 12 regions of the United Kingdom installed more than 100 rapid chargers during the past year, the data revealed further... Read more
FeaturedTransportTesla poised for record sales in China despite market pressureIFM CorrespondentJuly 4, 2023 by IFM CorrespondentJuly 4, 2023 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... Read more
FeaturedTransportIF Insights: Will Brexit bring doom for the UK automobile sector?IFM CorrespondentMay 30, 2023October 10, 2023 by IFM CorrespondentMay 30, 2023October 10, 2023 Before Brexit, the UK was part of the EU's single market and customs union, allowing the free movement of goods, services, and capital... Read more
FeaturedTransportWho will be the next electric vehicle powerhouse? Experts answerIFM CorrespondentMay 24, 2023 by IFM CorrespondentMay 24, 2023 According to industry experts, the percentage of electric vehicles in passenger cars will increase from 1.3% in 2022 to over 21% by 2027... Read more
FeaturedTransportTesla lowers electric car costs in USWebAdminJanuary 18, 2023 by WebAdminJanuary 18, 2023 Tesla also reduced its prices in China and other Asian regions... Read more