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As the automotive industry transitions from traditional combustion engines to electric vehicles, automakers now face the new challenge of selling used electric vehicles. Globally, buyers are hesitant about purchasing used electric cars, impacting new car sales. That is why, the used car market, valued at $1.2 trillion, sees electric vehicle prices dropping faster. Buyers avoid […]
Philippines’ $7 Billion Fighter Jet Tender Attracts Global Aerospace Giants
The Philippine government has set its sights on a major military upgrade. The country plans to acquire 40 new fighter jets, valued at $7 billion. This move aims to bolster the nation’s air defense capabilities amid rising regional tensions. Several international aerospace companies have thrown their hats into the ring. Saab, Lockheed Martin, Korea Aerospace […]