Uzbekistan begins privatization of three automotive companies
Uzbekistan has announced the sale of state shares in three major automotive companies as part of its ongoing privatization efforts.
As we approach 2025, the electric vehicle (EV) industry is poised for massive growth, driven by policy changes, technological breakthroughs, and market shifts. From China surpassing ICE vehicle sales to new charging tech, discover how global EV trends are transforming the future of mobility.
2025 is set to be a pivotal year for electric vehicles (EVs), with major developments shaping the industry globally.
China leads the EV market
China is expected to surpass internal combustion engine (ICE) vehicle sales with EVs for the first time. BloombergNEF forecasts China will account for 65% of global EV sales, driven by government backing, advanced battery technology, and industry leaders like BYD. However, geopolitical tensions could challenge its international expansion.
Ultra-fast charging becomes the norm
Charging times are decreasing significantly. CATL’s Shenxing Plus battery offers 600 km of range in 10 minutes, while UK-based Nyobolt has developed a battery that charges to 80% in under 5 minutes, marking a leap forward in charging efficiency.
UK EV market becomes more affordable
Falling battery costs, increased government incentives, and a growing second-hand market are making EVs more accessible. Affordable models like the Dacia Spring Electric and Hyundai INSTER are expanding choices beyond luxury EVs like Jaguar’s Type 00.
Jaguar’s electrification strategy targets younger buyers
Jaguar’s Type 00 all-electric model, introduced with a bold rebrand, aims to attract younger, trend-focused consumers. The move highlights how automakers are integrating design, performance, and sustainability to appeal to new demographics.
Governments strengthen EV incentives
UK: From April 2025, Vehicle Excise Duty (VED) will rise for petrol, diesel, and hybrid vehicles to accelerate EV adoption.
US: The $7,500 federal EV tax credit remains, though reductions could be introduced.
China: New export restrictions on battery materials may affect global supply chains.
EU: Stricter regulations will require charging points every 60 km on major routes to support long-distance EV travel.
The future of e-mobility
With China’s dominance, rapid advancements in charging, improved affordability, shifting consumer trends, and stronger government policies, 2025 will play a key role in shaping the future of electric transport. The global shift towards sustainable mobility is accelerating, bringing an electrified future closer than ever.
In a groundbreaking study published in Cell on January 18, Chinese researchers have unveiled a novel cancer treatment that ingeniously disguises tumors as pig tissue, triggering the body’s immune system to mount a hyperacute rejection response against the cancer cells.
Sweden’s Prime Minister Ulf Kristersson stated on Thursday that purchasing U.S. weapons does not pose a security risk for his country, but emphasized the need for Europe to reduce its reliance on American defense systems. His comments come amid growing discussions within Europe.
NASA astronauts Butch Wilmore and Suni Williams completed an unexpectedly long 286-day mission on the ISS, returning to Earth aboard a SpaceX capsule after delays caused by technical issues with Boeing’s Starliner.
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
Mexican forces have dismantled a massive meth lab in Zacatecas, dealing a blow to a Sinaloa Cartel faction.
French actor Gérard Depardieu is set to stand trial in Paris on March 24 and 25 on charges of sexual assault involving two women during the filming of Les volets verts (The Green Shutters) in 2021. He denied all allegations.
As winter turns to spring, millions worldwide celebrate Novruz— an ancient festival of renewal, unity, and cultural heritage. Recognized by UNESCO and the UN, it is officially marked as International Novruz Day on March 21, inspiring hope, peace, and togetherness across generations and borders.
Frederic Arnault, one of the five children of LVMH, opens new tab chairman and CEO Bernard Arnault, will become chief executive of the group's high-end Italian cashmere label Loro Piana in June, the world's biggest luxury group said in a statement.
Sean "Diddy" Combs is due to be arraigned in Manhattan federal court on Friday after a new indictment added allegations of forced labour in connection with his long-running sex trafficking scheme. Combs faces charges related to racketeering, sex trafficking, and the coercion of employees to work und
Donatella Versace is to step down as the main designer for the Versace brand after almost three decades, a move that has fanned talks of a sale of the business to rival Italian fashion house Prada.
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