Tue, 21-Oct-2025

Volkswagen rising for Tesla. This is how it plans to control the US market

Volkswagen

Tesla is still king, with over 936,000 electric-powered cars sold in 2021 and a proportion of about 14% of the worldwide electric-powered automobile marketplace. But Volkswagen is not a long way in the back of. Having grabbed about 11% of the market last yr and doubled its EV sales in comparison with 2020. Now, the … Read more

Toyota hikes electric vehicle sales goal to 3.5 million/annum

Toyota

TOKYO: Toyota plans to sell 3.5 million electric vehicles/annum from the next decade, its CEO said on Tuesday, nearly doubling the Japanese auto giant’s existing target as part of efforts to drive down carbon emissions. The world’s top-selling carmaker also plans to roll out 30 battery-powered electric models by 2030, Akio Toyoda told reporters in Tokyo. … Read more

Nissan says phasing out gas-powered cars depends on customer demand

Nissan

DUBAI: Nissan is eco-friendly but also consumer-led, a top official from the Japanese automaker said in the wake of the company not signing a COP26 global pledge to phase out gas-guzzling cars, Arab News reported. As many as 30 national governments joined the deal struck in Glasgow last month, as the transportation industry races to fix decades … Read more

Nissan to spend $17.6 billion to accelerate vehicle electrification

Nissan

RIYADH: Nissan Motor Co plans to spend 2 trillion yen ($17.59 billion) over the next five years to accelerate vehicle electrification. The new electrification strategy, called Nissan Ambition 2030, is a roadmap on how the company plans to meet its goals by the end of the decade, Bloomberg reported. The Japanese automaker will launch 23 new electrified … Read more