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China Consolidates Dominance in Global Electric Vehicle Battery Market – Business @ The Web

On By admin In Automotive

Total global electric vehicle battery consumption reached 352.7 gigawatt hours (GWh) in the January-April period, up 13.8% year-on-year, according to data released Tuesday by South Korean market research firm SNE Research. CATL’s battery installations reached …

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Due to weak sales of electric vehicles, Volkswagen is turning to the energy business

On By admin In Automotive

Volkswagen is expanding its battery ambitions beyond the electric vehicle sector, entering the area of ​​large-scale energy storage and electricity trading, as global demand for electric vehicles falls short of initial expectations. Namely, on Monday, …

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McMurtry begins production of the Spéirling “fan car” and expands the business into the technology sector

On By admin In Automotive

McMurtry Automotive, the British company known for breaking records at the Goodwood circuit and its Spéirling model, which can “drive on the ceiling”, is celebrating its tenth anniversary these days. But instead of a party, …

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Bosch is delaying its business goals and considering new layoffs

On By admin In Automotive

When presenting its annual results for 2025, Bosch announced that it would not reach its target profit margin of seven percent until 2027 at the earliest due to weak demand and high costs. The maker …

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