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Kia America to debut at Work Truck Week in Indianapolis March 6-7 with PV5 and PV7 EV concept models, with potential US launch in 2026; PV5 optimized for ridesharing, PV7 designed with more interior space

Emballator announces partnership with transport company DFDS to electrify parts of the transportation route between Emballator Metal Group in Ulricehamn, Sweden, and Emballator UK in Bradford, England

Tesla raises prices of certain Model Y vehicles in the US by US$1,000 amidst declining sales growth prediction for this year; Model Y RWD vehicle priced at US$43,990, Model Y long-range vehicle priced at US$48,990

Light vehicle production in Asia-Pacific region in 2023 up nearly 10% year-on-year to 51.8 million units; BEV sales in the region slow to about 7 million vehicles

BMW group begins production of all-electric MINI Countryman at Leipzig, Germany, plant, with output to increase to almost 500 units a day by 2024; the plant is now manufacturing four models, including fully electric and hybrid versions

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