The adoption and evolution of electrified vehicles (xEVs), which include hybrid, plug-in hybrid, full battery electric, and hydrogen fuel cell vehicles, are crucial as the automotive industry moves toward achieving carbon neutrality. However, consumer apprehensions regarding the cost of battery
Recent developments in the electric vehicle (EV) market between China and Europe highlight a complex and evolving landscape, as both regions strive to reach an agreement on EV tariffs that could reshape the industry. This development represents a significant opportunity for Chinese automakers
The American automotive industry is undergoing a significant transformation as it shifts towards electric vehicle (EV) production. This transition is not only reshaping production models but also profoundly affecting the workforce. Major automotive manufacturers like Stellantis and Ford are
In an ambitious bid to champion environmental sustainability within Hong Kong, Zurich Insurance Hong Kong has joined forces with Negawatt Utility Limited and Cornerstone Technologies. This collaboration marks a strategic effort to foster a community-driven green ecosystem that promotes eco-friendly
One of the primary goals of any business is to achieve sustainable profitability, and for Xpeng, an electric vehicle (EV) manufacturer from China, this target seems increasingly attainable. According to its President Brian Gu, the company anticipates reaching its break-even point by late 2025, a
Volkswagen, a German automaker, has officially stepped away from investing in hydrogen vehicles, a move driven by skepticism about hydrogen's viability compared to battery technology. Once considered a futuristic option, the company no longer perceives hydrogen as beneficial. CEO Thomas
