Nidec expands in Mena, Arkansas, with $19 million investment
Nidec Motor Corporation is expanding its existing facility in Mena, Arkansas, with an investment of more than $19 million. With the expansion, Nidec aims to create 35 new jobs over five years. Claudemir dos Santos, COO of Nidec Appliance, Commercial and…
PM says Egypt keen to boost manufacturing of electric vehicles
Prime Minister Mostafa Madbouly said Egypt is keen to boost the manufacturing of electric vehicles, especially in light of the national strategy to localize the auto industry and advance transition into the green economy. Madbouly made the remarks during his…
Nissan Considers Significant Seduction In LEAF Production
Nissan Motor Co., Ltd. has significantly downgraded its production targets for the new LEAF electric vehicle (EV), Azernews reports, citing foreign media. Sources familiar with the situation revealed that delays in battery procurement have forced the automaker to cut its…
Nio Targets Top 3 in UAE’s Premium EV Market in 2-3 Years, Exec Says
Chinese carmaker Nio is aiming to be a top-3 brand in the premium EV segment in the United Arab Emirates within two to three years, according to Mohammed Maktari, chief executive of the company’s Middle East joint venture. The Shanghai-based…
Is BYD’s Super Hybrid solution the bridge to the Middle East’s EV transition?
Powerful pickups, backed by a loyal following that values them as both practical and aspirational, dominate the roads in a region where triple-digit temperatures define the climate. The shift toward electric mobility, however, faces many challenges. Lucas Bellieud, Managing Director…
EV And PHEV Sales Surged 26% Globally In 2024, But The Party’s Over In Europe
Global sales of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) surged in 2024, exceeding 17 million units, representing a substantial 25.6% jump compared to the previous year. December alone set a new milestone, with sales climbing to a…
A Large Increase in Sales of Electric Cars is Predicted in Europe
Experts from S&P Global Mobility (financial analysis and forecasting) predict that sales of electric vehicles will increase to 15.1 million units next year, which will make their market share reach 16.7 percent of global sales. cars. Although final figures for…
Taiwan Installs More Electric Vehicle Battery Chargers than EU Recommendation
Taiwan has a higher density of battery charging stations for electric vehicles than the rate suggested by the European Union, reports said Saturday. With 9,770 chargers, Taiwan now has one public EV battery charging point per 9.1 EVs, compared to…
Türkiye Leads Europe in Electric Vehicle Fast-charging Network
Türkiye currently ranks first in Europe in terms of socket power and the number of fast (DC) sockets per electric vehicle, according to Mustafa Yılmaz, president of the Energy Market Regulatory Authority (EPDK). The number of electric vehicles (EVs) has…
Adden Energy Raises $15M to Expand Accessibility of Electric Vehicles
Electric Vehicle (EV) adoption is one of the most meaningful steps an individual can take to combat climate change. Yet, current battery performance is holding back many consumers from electrification. Beyond the issue of range, EV batteries are slow-charging, have…