Rising Fuel Costs Driving Consumers Toward EVs, Says BYD Executive.
BYD executive Stella Li argues that the global surge in oil prices is serving as a catalyst for consumer adoption of electric vehicles, as drivers seek cost-effective alternatives to combustion engines.
Moment Energy Secures $40 Million to Scale EV Battery Repurposing Technology.
Moment Energy has raised $40 million in Series B funding to scale its grid-scale energy storage solutions, which repurpose used electric vehicle batteries with proprietary software and UL certification.
Middle East Conflict Sparks Global Surge in Electric Vehicle Adoption.
Escalating conflict in the Middle East has driven up global fuel prices, leading to a significant increase in demand for electric vehicles across countries like Australia, China, Vietnam, and South Korea as consumers look for cost-effective alternatives.
GAC Automobile Technologies Expands in Colombo with New Electrified Mobility Showroom.
GAC Automobile Technologies has launched a new city showroom in Colombo 04, introducing the high-end E9 plug-in hybrid MPV and the Aion UT electric hatchback to the local market.















