GM's BrightDrop is making waves with its expansion into Mexico, the third North American territory to embrace these all-electric last-mile delivery services. Mexican commercial customers will soon be able to order BrightDrop's Zevo 400 and 600 electric vans.
A recent BMI research report predicts EV ownership in Vietnam will jump to 13.6% in 2023, a leap from a mere 2.9% in the previous year.
Fueled by local EV maker VinFast and an influx of affordable China-made EVs, this growth trajectory is impressive and indicates technological advancement and a rising prioritization of environmental issues.
The Italian government is moving toward a comprehensive plan for the national automotive industry. Aiming for a year-end agreement with Stellantis and other key groups, this ambitious blueprint covers:
The collective effort involves unions, local governments, and the automotive lobby group ANFIA underscoring Italy's determination to become a leader in the global automotive industry.
For the second month, China's passenger vehicle sales are down by 2.6% year-on-year. Despite government-backed discounts and supportive measures, the world's largest automobile market is grappling with weakening demand.
But here's the twist: a cutthroat price war involving over 40 brands adds complexity. Yet, not all is grim; sales of new energy vehicles remained up 31.9% in July, illuminating an essential trend within the market.