April 21, 2026
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Tag : electric vehicles

Business

China auto output and sales jump in March

omandailynews.com
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released by the China Association of Automobile Manufacturers. Output jumped 74.4% from February and sales increased 60.6% from the previous month. From a year earlier, however,......
Business

Tesla global deliveries decline as EV demand slows

omandailynews.com
MENA Newswire, AUSTIN, Texas: Tesla Inc. reported 418,227 vehicle deliveries for the fourth quarter of 2025, marking a 16 percent decline from the 495,570 units delivered in the same period a year earlier. The result fell short of analyst expectations, reflecting slower electric vehicle demand in several key markets and production constraints during the final months......
Automotive

EU softens 2035 ban on combustion engine vehicles

omandailynews.com
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda. The European Commission is preparing to revise the existing regulation that requires......
Business

Global clean energy investment set to reach $1.7 trillion, overtaking oil production

omandailynews.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that investment in clean energy technologies is outstripping spending on fossil......
Business

European Investment Bank supports circular economy with €3.4 billion lending

omandailynews.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that investment in clean energy technologies is outstripping spending on fossil......