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Automotive market

Electric Vehicles
BYD Announces Brand Launch in Gabon to Support Africa’s Green Transition
On June 5, 2025, BYD held a brand launch event in Libreville, Gabon, in collaboration with local distributor LOXEA, a subsidiary of the CFAO Group. This event m…
Electric Vehicles
Volkswagen Group Investing $700M in Xpeng for 5% Stake, VW EV Development; Audi Jointly Developing EVs With SAIC
The Volkswagen Group is strengthening its position on the Chinese automotive market with cooperations between the VW brand and XPENG and between Audi and SAIC.T…
EV Market
Used EV Sales Are Thriving as Prices Continue to Fall
Sales of used electric vehicles are growing at a rapid rate. Per a new report from industry analysts Cox Automotive, sales of pre-owned EVs rose 32% in Q1 2023.…
Electric Car
Electric Vehicle Sales Surge in 2021
Electric vehicle sales have surged, with growth in all three top auto markets: China, the US, and Europe
Electric Car
S Africa Seeks to Boost Electric Vehicle Manufacturing
The South African government has launched a public consultation on how to boost domestic production of electric vehicles and increase the country's competitiven…
EV Market
China Sets Its Sights On Global EV Dominance
The world’s largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market.