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Iraq Bulletin

Tag : electric vehicles

Business

South Korea auto exports reach $6.24 billion in July

iraqbulletin.co
Eco-friendly vehicles provided the strongest lift to South Korea’s auto exports during the month. Their export value increased 25.5% from a year earlier to US$2.59 billion. Electric and hydrogen vehicle exports rose 31.9% to US$940 million. Hybrid exports advanced 22.2% to US$1.65 billion. By contrast, exports of internal combustion engine vehicles fell 3.1% to US$3.65 billion. Eco-friendly models accounted for...
Automotive

Porsche to cut 5000 more jobs under restructuring plan

iraqbulletin.co
The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share...
Automotive

Mercedes-Benz unveils electric C-Class in Seoul

iraqbulletin.co
Mercedes-Benz unveiled the electric C-Class in Seoul, bringing its first battery-powered C-Class sedan with up to 762 km of WLTP range....
Business

China auto output and sales jump in March

iraqbulletin.co
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

China auto output and sales jump in March

iraqbulletin.co
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

iraqbulletin.co
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

iraqbulletin.co
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......