News in numbers

1 million

GM is targeting annual global EV sales of 1 million by 2025


With its latest investment in Swedish battery company Northvolt AB, Volkswagen's stake in the company is at about 20%.


The automotive sector is now one of the best performers in the world economy, with sectoral activity above pre-pandemic levels in the first quarter of 2021, according to GlobalData. In Q1 2021, activity levels in the sector were 23.8% higher than they were at the end of 2019.


Kia aims to have sold more than 100,000 EVs to Uber drivers in Europe by 2025, around 50% of which are expected to operate in just seven European capital cities, including Amsterdam, Berlin, Brussels, Lisbon, London, Madrid and Paris.


Volkswagen is aiming to commission a total of six gigafactories in Europe by 2030 to support its battery electric vehicle production ambitions.

In pictures

Ford has invested $750 million and added approximately 2,700 direct jobs at the Michigan Assembly Plant to build the sixth-generation Bronco. Production of the new 2021 Ford Bronco is underway at the Michigan Assembly Plant; the two-door and first ever four-door models are now on their way to Ford dealerships across the US.