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October 18, 2026

Tag : electric vehicles

Business

Renault sets €10 billion-plus France EV investment plan

cairo24x7.com
– Renault Group will invest more than €10 billion in France over the next five years, Chief Executive François Provost said on October 3. The...
Business

South Korea auto exports reach $6.24 billion in July

cairo24x7.com
South Korea’s automobile exports rose 7.0% year on year to US$6.24 billion in July 2026. The total marked the highest export value ever recorded for...
Automotive

Porsche to cut 5000 more jobs under restructuring plan

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German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035...
Automotive

Mercedes-Benz unveils electric C-Class in Seoul

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SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates...
Business

China auto output and sales jump in March

cairo24x7.com
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released...
Business

Tesla global deliveries decline as EV demand slows

cairo24x7.com
MENA Newswire, AUSTIN, Texas: Tesla Inc. reported 418,227 vehicle deliveries for the fourth quarter of 2025, marking a 16 percent decline from the 495,570 units delivered in the same...
Automotive

EU softens 2035 ban on combustion engine vehicles

cairo24x7.com
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers...