Global EV Market Outlook 2025: More Models, More Competition, Lower Margins

The global electric vehicle (EV) market in 2025 stands at a dynamic crossroads. Having crossed a watershed moment with over 17 million EVs sold worldwide in 2024—a figure representing more than 20% of new car sales globally—the industry now grapples with escalating competition, expanding model diversity, evolving consumer preferences, and compressing profit margins. This complex … Read more

Strategy Shift: Porsche Revises its EV Rollout Amid Profit Warnings

Porsche, the iconic luxury sports car manufacturer known for its precision engineering and performance heritage, has recently taken a major strategic pivot in its ambitious electric vehicle (EV) plans. Facing unexpected market headwinds, rising costs, and shifting consumer demand, Porsche announced delays in its electric vehicle introductions and a broader reassessment of its product strategy. … Read more