BYD, a global leader in electric vehicles, recently predicted that Pakistan’s electric vehicle (EV) market share will reach 50% by 2030. This forecast highlights Pakistan’s ambition and potential in advancing green transportation. In its latest market research report, BYD noted that the rapid growth of Pakistan’s EV market will be driven by the government’s […]
General Motors (GM) has announced that its electric commercial vehicle brand BrightDrop will be integrated under the Chevrolet brand. This strategic move aims to leverage Chevrolet’s extensive market presence to further promote BrightDrop’s electric commercial vehicles and accelerate the company’s development in the electric vehicle sector. Founded in 2021, BrightDrop is GM’s electric commercial […]
According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), the UK’s new car market held steady in August this year, dropping only slightly by 1.3% year-on-year to 84,575 units, just 1,082 fewer than in the same month last year. In […]
Renault Group CEO Luca de Meo said the European auto industry may face a 15 billion euro ($17.4 billion) fine for carbon emission overruns due to a slowdown in demand for electric cars, Reuters reported. By 2025, automakers in the European Union will face stricter […]
In an effort to stimulate the automotive market and boost economic growth, the Vietnamese government has recently announced a 50% reduction in the registration tax for new cars. This policy aims to ease the financial burden on consumers, further promote car sales, and drive the development of related industries. According to the government announcement, […]
September 6, 2024 – General Motors (GM) has announced that former Visa CEO Al Kelly has officially joined its Board of Directors. This appointment marks a significant step for GM as it continues to advance its global business strategy and digital transformation. Al Kelly, during his tenure at Visa, successfully led the company’s digital payment […]