South Korean automobile giant Hyundai Motor Group suffered a major setback in the first half (H1) of 2024, with global sales of its Hyundai and Genesis brands experiencing significant declines desp

Making waves in the fast-evolving electric vehicle (EV) market, Tesla’s Cybertruck has emerged as the leading choice among American consumers for electric pickup trucks in the second quarter (Q2) o

NIO Incorporated, a Chinese multinational automobile manufacturer headquartered in Shanghai, achieved a significant milestone by delivering more than 21,000 electric vehicles (EVs) in the month of

Displaying a remarkable growth, Chinese automaker BYD Limited shattered its own previous plug-in electric car sales record in June 2024, with a total of 340,211 units sold last month.

South Korean automobile giant Kia Corporation’s electric vehicle (EV) retail sales exceeded 19,400 units in the month of May this year, setting a new benchmark as share of EVs reached 7.5 per cent

American electric car pioneer Tesla Motors faced another setback as wholesale shipments of its China-made EVs fell again in May 2024, reflecting the broader challenges and fierce competition in the