Category: vehicle

  • Chinese electric vehicle maker Zeekr soars in IPO debut (NYSE:ZK)

    Editorial jozzeppe/iStock via Getty Images Zeekr Intelligent Technology Holding (IPO) opened trading Friday at $26 after the Chinese electric vehicle maker priced its IPO at $21 per share. Male shares (New York Stock Exchange: ZK) zoomed to $29.20 before settlement behind. The initial surge in electric vehicle stocks pushed their…

  • Car Industry Urges UK Government Action to Boost Waning Electric Vehicle Demand

    Car Industry Urges UK Government Action to Boost Waning Electric Vehicle Demand

    Carmakers are sounding the alarm about slowing demand for electric cars among private buyers in the UK, leading to urgent calls for government intervention to reignite interest in battery-powered cars. Although overall UK vehicle registrations increased by 1% year-on-year to 134,000 in April, driven by fleet sales, sales to private…

  • Rita Kavashe: Isuzu East Africa Managing Director on the growth of the vehicle leasing market

    Isuzu East Africa has seen a growing preference for leasing cars rather than buying. the The daily business I spoke to Isuzu Managing Director, Rita Kavashi, about what is driving this and what the market looks like against the backdrop of a weak shilling and rising interest rates. Car rental…