market expansion
The strategic growth of a company's operations or market share into new geographical regions or product segments.
Skycorp Solar Group has committed US$150 million to acquire and develop photovoltaic power plants, marking a significant expansion beyond its traditional manufacturing base.
California-based Lyten has acquired a Polish energy-storage factory from Swedish battery giant Northvolt, marking a significant expansion in its manufacturing capabilities.
Kia's 2026 EV4 electric sedan was test-driven in Seoul, South Korea, ahead of its early 2026 North American launch, offering insights into its urban and highway performance.
McDermott's Energy group has launched a new bi-weekly webinar series, "The Future of the Energy Transition," to address the accelerating global shift to renewable energy and electrification.
Cyprus's €2.5 Million Electric Vehicle Subsidy Program Expected to Exhaust Early Amid Surging Demand
Cyprus's new €2.5 million electric vehicle subsidy program is expected to be fully utilized ahead of schedule, driven by high public and importer interest.