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?

In China, in recent years, the electric vehicle market has been remarkably strong. According to Counterpoint Research, the EV market in China saw significant growth in the first quarter of the year. Let’s delve into the key insights from Counterpoint Research on China’s Q1 2023 EV sales. In Q1 2023, China will be at the forefront of the global EV revolution, leading EV sales and … Continue reading What is the insight view about China’s Electric vehicle market in 2023?

Japanese consumers So, Japanese consumers are environmentally conscious and try to prioritize reliability and safety more. Consumers in the USA:- So, we can American consumers are more inclined towards affordability and familiarity. German consumers So, we can say, that German consumers are highly environmentally aware, affinity for advanced engineering, and loyal to domestic automakers. Norwegian Consumers So, an environmentally progressive brand, with proper incentives resonates … Continue reading How different is the psychology of the people from different countries in the EV market?

If we compare India itself to what it was a decade ago, we can see that a long journey has been taken in every industry of science. But the journey is not yet finished; we are setting the stone to keep moving forward and conquering the unknown zones and heights that have never been thought about. So, as we talk about modern science and technology, … Continue reading How far behind is India in the global EV race?

Porsche is one of the legends in the automotive industry and definitely a dream come true-workplace for many software developers or in the business sector. The more we say about it, the less it will be. A strong legacy, always satisfying the consumer’s needs elegantly. So, how far do we see it as a serious threat to Tesla’s EV kingdom? Can it be called a … Continue reading Can the Allure of Porsche Withstand the Tesla EV Shockwave?

As per the financial reports released from Porsche’s website and other financial news related to the automotive company, the key insights are:  However, Porsche is also aware of the EV market trends and its need to be upgraded in the field and maintain its position even in highly competitive new emerging trends. Hence, it clearly shows the growth of Porsche is focused on electrification and … Continue reading What is the financial scenario of Porsche and where will it be in the next 5 years?