Renault expands France EV push with €10 billion investment
– Renault Group plans to invest more than €10 billion in France over the next five years. Chief Executive François Provost announced the commitment on...
Tag : electric vehicles
US battery growth still depends on Chinese materials
The United States is adding battery factories while trying to cut its dependence on China. Domestic cell production has grown, but major supply gaps remain...
South Korea car exports set July high at $6.24 billion
South Korea’s automobile exports climbed 7.0% from a year earlier to US$6.24 billion in July 2026. The figure set a record for the month of...
Mercedes-Benz unveils electric C-Class in Seoul
SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates...
China auto output and sales jump in March
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released...
Tesla global deliveries decline as EV demand slows
MENA Newswire, AUSTIN, Texas: Tesla Inc. reported 418,227 vehicle deliveries for the fourth quarter of 2025, marking a 16 percent decline from the 495,570 units delivered in the same...
EU softens 2035 ban on combustion engine vehicles
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers...
Electricity consumption drives global energy demand surge in 2024
Global energy demand increased sharply in 2024, rising by 2.2% and nearly doubling its average annual growth rate of the previous decade, according to the...
Hyundai Motor Group announces $20 billion US investment
MENA Newswire News Desk: South Korea’s Hyundai Motor Group is set to unveil a $20 billion investment in the United States, marking a significant expansion...
Global clean energy investment set to reach $1.7 trillion, overtaking oil production
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production...