... closure of three plants in Germany for the first time, indicating serious internal issues. These negative indicators highlight that major automotive corporations are struggling to cope with external challenges, including competitive pressure from Chinese electric vehicle manufacturers and the ongoing slowdown of the European economy. Key Risks for Automakers Tariffs on Imports to the U.S.: Donald Trump is once again considering increasing tariffs on imported vehicles to support domestic manufacturers. If tariffs ...

... Oil Demand in China. Opinion Piece for "Izvestia". Expert Sergey Tereshkin, in an interview for Izvestia, noted that in the long term, the electrification of transport will impact oil demand in China. Specifically, the growing share of electric vehicles and the shift toward gas-powered freight transport could significantly reduce the need for oil. He also emphasized that the savings on oil achieved through electric cars could be comparable to the current volume of maritime oil shipments from ...

... artificial intelligence. This could involve not only the trendy blockchain technology but also the Internet of Things. These tools are intended to assist developers in digital transformation. Volkswagen, an automotive giant, aims to increase sales of electric vehicles to 1 million units annually over the next five years. The company is already collaborating closely with IBM to implement the SAP S/4HANA™ technology, which is intended to optimize the company's financial processes globally. Currently, a pilot ...

... Australian Department of Industry, Science, and Resources, global lithium production will increase by 40% by 2026 (to 1.79 million tons in lithium carbonate equivalent), with supply exceeding demand by 11%. Another factor in the surplus will be the electric vehicle market reaching maturity, a stage when consumer choice is driven not by novelty but by competition in costs. This can be compared to Everett Rogers' concept of innovation diffusion, developed in the 1960s. He divided consumers into five main ...

The electric vehicle boom in the global market has emerged as one of the few bright spots for investors this year. Tesla's stock surged by 445%, while shares of Chinese company NIO skyrocketed by 1070%. The boom in electric vehicles on the global market has emerged ...