October 3, 2024 – Tokyo, Japan:- Nissan Motor Co. is facing a financial crisis that could lead to bankruptcy within the next two years, analysts warn. The company, burdened by significant debt rated as “junk,” is grappling with plummeting sales, shrinking profits, and mounting challenges in adapting to the rapidly changing automotive industry. Nissan’s CEO … Read more
September 5, 2024 – Washington D.C. :-The United States is at a crucial juncture in the adoption of electric vehicles (EVs), driven by evolving regulatory changes. With the Biden administration placing a strong emphasis on climate change, the Environmental Protection Agency (EPA) has introduced new rules aimed at transforming the automotive and energy sectors. These … Read more
August 17, 2024 – The global automotive industry is on the cusp of a major transformation as electric vehicles (EVs) continue to gain momentum. At the forefront of this revolution in India is MG Motor, a company committed to sustainable mobility and pioneering initiatives that are accelerating EV adoption in the country. Addressing Range Anxiety … Read more
When automakers embarked on the electric vehicle (EV) arms race a few years ago, their strategies hinged on several assumptions. One of the primary beliefs was that loyal customers would seamlessly transition from traditional internal combustion engine (ICE) vehicles to EVs. Audi owners would buy Audi EVs, Mercedes owners would purchase Mercedes EVs, and so … Read more
California continues to lead the charge in electric vehicle (EV) adoption with its generous tax incentives. In 2024, the state has updated its EV rebate program, offering up to $7,500 in tax credits for new electric vehicle purchases and up to $4,000 for buyers of older vehicles. These incentives are designed to make EVs more affordable and accelerate the transition … Read more