Ford Motors overhauls its China strategy to better tap the world’s biggest car market

The U.S. automaker is planning on ramping up its electric vehicle lineup to tap increasing Chinese demand for electric vehicles. According to two high ranking sources with Ford Motors Co, the U.S. automaker is planing on overhauling its China strategy since its global “One Ford” idea is not having the required impact in China, the…

Electric cars will have to let go of their subsidy baggage in order to be successful: Opel’s Chief

Having completed the $2.2 billion acquisition of Opel and Vauxhall earlier this year, the PSA Group, like its peers, is now focusing on launching Evs in the market. As per PSA Group’s Chief executive, Carlos Tavares, although the company will support Opel’s introduction of electric cars into the market, he has highlighted the need for…

Nissan’s revamped Leaf competes head to head with Tesla’s Model 3

In 2018, Nissan plans on releasing another version of the Leaf which will have a driving range of “more than 300 miles” In a significant development that underscores Nissan Motor Co’s efforts at stimying criticism over its limited driving ranges in its EV offerings, the company has launched a revamped version of its Leaf electric…

BP looking to meaningfully participate in renewable energy sources

Although the company is continuing with its investments in shale oil in countries, including Argentina, faced with rising consumer demand for EVs, BP is weighing its options to see how it can meaningful participate and survive in this changing market. London-based BP is holding partnering talks with electric vehicle manufacturers to offer battery re-charging docks…