market expansion
The strategic growth of a company's operations or market share into new geographical regions or product segments.
ABOUND Energy has partnered with Coenda Investments to accelerate the global deployment of its Zaeras™ zinc-based flow battery technology in Europe and North America.
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Gautam Solar, an Indian solar panel manufacturer, has received California Energy Commission (CEC) certification, enabling its expansion into the U.S. renewable energy market.
BYD has surpassed Tesla as the world's top-selling EV brand and is projected to rival Toyota and Volkswagen by 2030, though U.S. tariffs largely exclude it from the American market.
Kia is developing an even more affordable electric vehicle, targeting a price point below $30,000 (€25,000), to expand its entry-level EV offerings.
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.