Electric vehicles are not just the rides of tomorrow; they could well be the undisputed kings of the road in less than a decade. According to a report by the Rocky Mountain Institute (RMI), the quiet hum of EVs, notable for their low decibels and distinct torque, might dominate our streets, holding a global market share of anywhere between 62-86% by 2030. Now, take a moment to digest that. If you rewind to 2020, only 5% of cars sold were electric. This figure almost tripled to 14% in 2022. So, what sparked this dramatic surge? China and Northern Europe have emerged as frontrunners in… More…

The word in the auto world is that Stellantis is gearing up to drop a cool €1 billion in its Spanish facilities located in Vigo and Zaragoza. The goal? To jumpstart the production of electric vehicles, specifically small cars. These electric gems will be constructed on the STLA Small platform, a new introduction to the company’s lineup of electric vehicle platforms. To add a twist to the tale, Madrid, despite being one of the iconic cities in Spain, will be left out of this electric party. Madrid’s facility, the smallest of Stellantis’s three plants in the country, hasn’t made the cut for… More…