Electric vehicle

New car sales in the European Union saw a modest recovery in October, rising 1.1% year-on-year after consecutive declines in August and September. Registrations reached 866,397 units, buoyed by gains in Spain (up 7.2%) and Germany (up 6%), despite decreases in France (down 11.1%) and Italy (down 9.1%).

The number of electric vehicles on Türkiye's roads increased significantly in the past 10 months, reaching more than 150,000 as of the end of October.

The fast expansion of the EV market was mostly due to domestically produced Togg, which delivered more than 40,000 vehicles in the last one and a half year.

Togg ranked first in the Turkish electric vehicle market with sales of 20,140 units and a 31 percent market share in the 10-month period of the year.

The sight of a Ferrari with a charger plugged directly into its wheel rim might just be a humorous take on the future of electric cars, sparking curiosity and amusement among car enthusiasts.

Olympia Group subsidiary Sunlight Group has completed the acquisition of the entire set of shares of the French subsidiary of Triathlon, by securing the remaining 45%, meaning that the group that specializes in the creation of innovative industrial electric mobility solutions controls 100% of the company in Europe's second-largest industrial battery market.

Bulgarians Favor Diesel Cars as Electric Vehicle Sales Plummet: September Market Report

European and Chinese automakers faced off at the Paris Motor Show as they seek to make electric vehicles affordable for the broader public as the sector faces stalling sales in many countries.

The biennial show has long been a major industry showcase, tracing its history to 1898.

The European Commission obtained the necessary support in a vote to impose duties of up to 45% on imported electric vehicles made in China, as part of the EU's highest-profile probe into alleged Chinese subsidies that has provoked threats of retaliation from Beijing.

Greece has reportedly abstained from a vote in the European Union on Friday about blocking the European Commission's plans to impose higher tariffs on Chinese electric vehicles (EVs), contributing to Brussels' plan for levies on China's EVs to proceed and start getting implemented as of next month.

Fuat Tosyalı has been elected as the new head of Türkiye's electric vehicle producer, Togg.

Tosyalı, who is also head of the Turkish conglomerate, Tosyalı Holding, replaces Rifat Hisarcıklıoğlu, who was at the helm of the company since 2018, according to a statement from Togg.

Hisarcıklıoğlu heads the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).