India’s fast-evolving three-wheeler (3W) market, which serves as the backbone of last-mile connectivity, is experiencing a surprising stagnation in its most basic electric segment. While the overall industry has nearly doubled in size over the past six to seven years, driven largely by new electric entrants, the explosive growth of the entry-level electric rickshaw (e-rickshaw)… Continue reading Why India’s E-Rickshaw Boom Hit the Brakes: The L5 Upgrade Effect
Tag: Production/Sales News
India Approves Rs 7280 crore Plan to Make Magnets for EVs. Here’s Why It Matters.
The Centre on Wednesday announced the approval of a key initiative designed to bolster India’s manufacturing prowess in materials crucial for automotive and other industries. The Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets has been sanctioned with a financial outlay of Rs 7,280 crore, signaling a major push toward self-reliance in a… Continue reading India Approves Rs 7280 crore Plan to Make Magnets for EVs. Here’s Why It Matters.
Tesla Had Another Bad Month in Europe
Tesla’s European sales almost halved last month, undermining hopes that the revamped Model Y will revive the company’s fortunes in the region. The electric-vehicle maker sold 6,964 cars in Europe in October, down from 13,519 in the same month last year, according to data released Tuesday by local trade body ACEA. Year to date Tesla’s… Continue reading Tesla Had Another Bad Month in Europe
GWM maps out European plant with 300,000-vehicle target by 2029
GWM faces competition both from global brands and Chinese rivals such as BYD in Europe. Credit: Roman Zaiets/Shutterstock.com. China’s Great Wall Motor (GWM) is planning to build its first car manufacturing plant in Europe, with a goal of producing 300,000 vehicles a year in the region by 2029, reported Reuters, citing a company executive. Parker… Continue reading GWM maps out European plant with 300,000-vehicle target by 2029
Nio Stock Sinks 6% as Q4 Forecast Misses Wall Street Targets
This article first appeared on GuruFocus. Nio (NYSE:NIO) shares retreated more than 6% in Hong Kong on Wednesday after the electric-vehicle maker projected fourth-quarter revenue that came in below market expectations. The company said it expects sales of up to 34.04 billion yuan for the quarter. That outlook trails analyst estimates of about 34.7 billion… Continue reading Nio Stock Sinks 6% as Q4 Forecast Misses Wall Street Targets
Tesla struggles to course correct from sales skid
Reuters Videos Wed, November 26, 2025 at 7:36 AM MST STORY: :: TeslaTesla faces a sales crisis that seems to be intensifying. That’s while CEO Elon Musk has pivoted focus to the carmaker’s self-driving and humanoid pursuits… And winning shareholder approval for his $1 trillion pay package. The EV-maker has faced pressure in the world’s… Continue reading Tesla struggles to course correct from sales skid
Chinese EV giant to build one of Europe’s biggest car factories
A Chinese electric vehicle (EV) maker is scouting for locations to build one of Europe’s biggest car factories. Great Wall Motor is looking at sites in Spain and Hungary along with other countries as it targets a production output of 300,000 vehicles per year locally. Assuming most of the carmaker’s production is concentrated there, the… Continue reading Chinese EV giant to build one of Europe’s biggest car factories
Tesla Had Another Bad Month in Europe
Tesla’s European sales almost halved last month, undermining hopes that the revamped Model Y will revive the company’s fortunes in the region. The electric-vehicle maker sold 6,964 cars in Europe in October, down from 13,519 in the same month last year, according to data released Tuesday by local trade body ACEA. Year to date Tesla’s… Continue reading Tesla Had Another Bad Month in Europe
Stop loss insurance Market to Reach $26.9 billion by 2024 in the short term and $113.5 billion by 2034 Globally, at 15.1% CAGR: Allied Market Research
The global stop loss insurance market is experiencing rapid growth due to the rising demand for seamless digital infrastructure, increased adoption of cloud-based platforms, and the growing complexity of managing distributed applications. Enterprises are turning to load balancing solutions to ensure improved performance, high availability, and efficient traffic management. In addition, the surge in internet… Continue reading Stop loss insurance Market to Reach $26.9 billion by 2024 in the short term and $113.5 billion by 2034 Globally, at 15.1% CAGR: Allied Market Research
Intraocular Lens Market worth $6.17 billion by 2030 with 6.0% CAGR | MarketsandMarkets™
DELRAY BEACH, Fla., Nov. 26, 2025 /PRNewswire/ — The global Intraocular Lens Market, valued at US$4.38 billion in 2024, stood at US$4.62 billion in 2025 and is projected to advance at a resilient CAGR of 6.0% from 2025 to 2030, culminating in a forecasted valuation of US$6.17 billion by the end of the period. Market… Continue reading Intraocular Lens Market worth $6.17 billion by 2030 with 6.0% CAGR | MarketsandMarkets™