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Chinese automaker Chery to launch hybrid vehicles in S'Africa
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Chinese automaker Chery to launch hybrid vehicles in S’Africa

Chinese automaker Chery is accelerating its efforts to capture the South African market with the rollout of a new range of hybrid vehicles, aiming to bridge the gap between traditional combustion engines and full electric mobility. The company announced this week that it will launch 19 new hybrid models globally in 2025, with the Tiggo […]

China's EV giant BYD revamps European strategy after early missteps
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China’s EV giant BYD revamps European strategy after early missteps

China’s top electric vehicle maker BYD is making major changes to its European operations after early missteps threatened its expansion in one of the world’s most competitive auto markets. According to six current and former executives, BYD initially struggled with dealer recruitment, hiring executives lacking local expertise, and pushing an all-electric lineup in countries still […]

Electric car maker Polestar woos Tesla owners with discounts
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Electric car maker Polestar woos Tesla owners with discounts

Swedish electric vehicle maker Polestar has credited an aggressive discount campaign targeting Tesla owners for nearly half of its United States sales of the new Polestar 3 in the first quarter of 2025. The move contributed to a 76% surge in global deliveries during the period, with 12,304 vehicles sold between January and March, the […]

Global EV sales rise by 18% in January
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Global EV sales rise by 18% in January

Global sales of electric and plug-in hybrid vehicles increased by 18% year-on-year in January, marking the first time since February 2023 that growth in Europe and the United States outpaced China, research firm Rho Motion reported on Wednesday. The European market saw a strong start to the year as new CO2 emission targets took effect […]

BYD closes 2024 with high EV sales, challenges Tesla
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BYD closes 2024 with high EV sales, challenges Tesla

Chinese automaker BYD recorded a significant rise in sales in December, reinforcing its position as Tesla’s closest competitor in the race to dominate the global electric vehicle market. The Shenzhen-based company sold 207,734 EVs in December, pushing its annual sales to an impressive 1.76 million units for 2024, bolstered by government subsidies and discounts that […]

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Electric vehicles could cut 70% maintenance costs, says Nedcomoaks DG

The Group Managing Director of Nedcomoaks Group, Dr. Ned Okonkwo, said that adopting electric vehicles could reduce vehicle maintenance costs by up to 70%. He made this disclosure during an agreement signing ceremony in Lagos, where CIG Motors, Nedcomoaks, and Fidelity Bank committed to acquiring 2,000 EVs. Okonkwo emphasized that this partnership was driven by […]

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