Renault Shuts Car-Sharing Projects and Slows EV Charging Plans as Profit Strategy Tightens

Renault has embarked on a major reset that prioritizes profits over its previous mobility aspirations. The company also said it will shut down its car-sharing operations and curb the growth of its fast-charging network. The shift is also a signal that there are cost pressures and that money needs to be directed towards better returns. Shift in Mobility […]

Xi Jinping Paris Visit: France Ramps Up Electric Vehicle Ambitions

France is looking to increase the sales of electric vehicles substantially over the next few years. The country has signed a new agreement with its auto industry that aims to quadruple the sales of fully electric vehicles by 2027. It wants electric cars and light commercial vehicles to account for bigger portions of total sales […]

BYD Launches Shark PHEV Pickup in Mexico: More Details

In a significant move to expand its presence in the electric vehicle (EV) market, BYD, a global leader in the electric vehicle and clean energy sector, has launched the Shark Plug-in Hybrid Electric Vehicle (PHEV) pickup truck in Mexico. This new addition to BYD’s growing lineup of eco-friendly vehicles marks the company’s bold entry into […]

Xi Jinping’s Paris Visit: France Accelerates Electric Vehicle Goals

The visit of Chinese President Xi Jinping to Paris has not only underscored the strengthening ties between China and France but also highlighted a critical aspect of their collaboration: the acceleration of France’s electric vehicle (EV) ambitions. As nations worldwide prioritize decarbonization and technological innovation, this state visit has brought attention to the pivotal role […]