Reading Time: 3 minutes The future forecast for electric cars (EVs) is optimistic and dynamic since the global EV market is quickly expanding and diversifying across different countries and categories. According to the International Energy Agency (IEA), global sales of electric vehicles will have climbed by around 60% by 2022, topping 10 million for the first time. The IEA predicts 14 million sales by the end of 2023, representing … Continue reading What is the future outlook for electric vehicles?

Reading Time: 3 minutes Quite dicy… is it the end of the oil gulf countries with the rise of a new Avatar, “The EVs”. The main exporters of oil and gas in the world are the Middle Eastern countries, and a large dependency of their revenues is on these resources. If you have the oil well, you are the Sultan of the world. But the story looks quite different … Continue reading Are the rise of EVs doom for the Middle Eastern countries?

Reading Time: 3 minutes One of the elements influencing demand and adoption of electric cars (EVs) is the price of oil. Higher oil prices often raise the cost of gasoline and diesel, raising the running expenses of internal combustion engine (ICE) cars. This might encourage people to convert to EVs, which have reduced fuel and maintenance expenses. Lower oil prices, on the other hand, may make EVs less appealing … Continue reading How does the price of oil affect EV sales?

Reading Time: 2 minutes The key insights from BMW’s strategic move are: The strategic move by BMW in the context of electric vehicles offers valuable insights for Indian automakers, such as global collaborations, investment in EV technology, preserving brand identity, diversifying product offerings, and working closely with the government to embrace the evolving automotive industry and accept the opportunities that it can open in an unlimited way. Sources:- Autocarprofessional, … Continue reading What India can learn from BMW’s strategic move in the electric vehicle automotive industry?

Reading Time: 2 minutes Well, the analysis is based on the current patterns and trends circulating in the EV industry. The key interesting facts to note are: The interesting insights about the EV industry are: Overall, a dynamic shift is witnessed by the automotive industry towards electric vehicles, driven by technological innovation, global collaborations, and government support for sustainable initiatives. The landscape is evolving with an effective strategic focus … Continue reading What are the interesting facts that can be observed in the EV industry?

Reading Time: 2 minutes Depending on the current patterns, the following competitive assumptions are made about the current electric vehicles: What we can say about peer competitors is that we need to think about the EV market: The electric vehicle market is assumed to be competitive and evolving rapidly, driven by technological advancements and partnerships. As it can be seen strategically, it is best for the competitive or peer … Continue reading What competitive assumptions can be seen in the electric automotive industry?

Reading Time: 2 minutes Let’s review the first electric Mini Cooper by BMW and its launch in China:- Overall, BMW’s approach entails utilizing its renowned Mini brand to compete in the electric car industry, including production collaboration with Chinese partners while retaining the brand’s British history. The release of upgraded electric Mini models, as well as the possibility of investing in the Oxford factory, are significant components of this … Continue reading China helps BMW with the first Electric Mini Cooper Platform with sources?

Reading Time: 2 minutes Overall, the data reveals a favorable picture for the electric vehicle industry, with rising revenue, unit sales, and market size. The emphasis on environmental advantages and the role of EVs in decreasing CO2 emissions accords with worldwide initiatives to combat climate change and promote sustainable mobility. China’s market dominance demonstrates the country’s commitment to electric mobility and its capacity to shape the global EV landscape. … Continue reading Eco-Friendly Innovation: A Look at the Electric Vehicle Landscape in 2030?

Reading Time: 2 minutes The analysis of Tesla vs. the World is predicted depending on the company’s present findings and current strategies, market trends, and historical performance. An assessment of Tesla, supported by facts: Tesla has a strong foundation with promising prospects for adaptability, continuing innovation, and addressing challenges to maintain its leadership position. Tesla proves its ability to be at the forefront of the rapidly evolving industry and … Continue reading Tesla vs. the World: Who Will Lead the Electric Vehicle Race in 2030?

Reading Time: < 1 minute The international key player potential to be a threat to Chinese EV automakers are:- Foreign automakers have significant strengths to face the various challenges but the domestic players like NIO, BYD, and Xpeng got massive local loyalty and support. However, the market is quite volatile, and the EV market is just the beginning, you just know when a sudden change is triggered and ends the … Continue reading Which international automakers can be a threat to Chinese EV automakers?