Electric vehicle

A new regulation that puts a cap on the prices of secondhand cars traded on online platforms have been published in the Official Gazette.

The regulation stipulated that the prices of secondhand cars cannot exceed that of new cars, the Trade Ministry said in a statement.

Slovenian buyers can get state subsidies for new or used zero-emission cars or vans worth up to €6,500, a substantial increase from the previous level of subsidies. Buyers of cheaper vehicles stand to benefit the most.

Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure "white gold" in a politically and environmentally fraught competition from China to Nevada to Chile.

Toyota plans to make an all solid-state battery as part of its ambitious plans for battery electric vehicles, the company said yesterday, amid mounting criticism Japan's top automaker needs to do more to fight climate change.

Hyundai Motor Group and LG Energy Solution have announced they will build a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in southeast Georgia.

The companies will split the investment, starting production as soon as late 2025.

The National Assembly has passed a law paving the way for a significant expansion of infrastructure for alternative fuels and a faster uptake of electric vehicles.

Described by the government as a keystone green transition act, the legislation sets out to introduce a dense publicly accessible network of refuelling and supply infrastructure for alternative fuels in transport.

A comprehensive national charging system is fundamental to Türkiye's successful transition to electric vehicles (EVs) by 2030, the World Bank has said in a report.

Nearly 98,000 passenger cars and light commercial vehicles (LCVs) were sold in Türkiye last month, pointing to a 62.7 percent increase from April 2022, data from the Automotive Distributors' and Mobility Association (ODMD) have shown.

Last month, 77,400 passenger cars were sold on the local market, translating into an annualized increase of 69.9 percent.

Sales of electric vehicles are booming and are expected to account for nearly one in five cars sold this year, according to a report released yesterday.

Ford has announced an investment of $1.3 billion to retool its Canadian assembly plant in Oakville, Ontario to make electric vehicles and batteries for the North American market.