Volkswagen Aims to Bring Under-$35,000 EV to US in 3-4 years-VW Executive
Volkswagen aims to bring an under-$35,000 electric vehicle to the U.S. market in 3-4 years, a senior VW executive said on Thursday. Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, VW plans to build the under-$35,000 EV…
Scania to Launch Pay-per-use Electric Truck Joint Venture
Scania is to offer pay-per use electric trucks through a joint venture, as the Swedish truckmaker tries to encourage faltering demand for heavy-duty electric vehicles in Europe. Demand for electric trucks in Europe has remained lower than many truckmakers had…
EV Charging Stations Market Size Worth USD 299.58 Billion by 2032
The global Electric Vehicle (EV) charging stations market size reached USD 21.40 Billion in 2022 and is expected to register a revenue CAGR of 30.3% during the forecast period, according to latest analysis by Emergen Research. Increasing purchase of electronic…
New Made-in-America Magnet Could Make Cheaper, Greener EV Motors
Did you know GM invented the domestic, affordable permanent magnet? Before this neodymium-iron-boron magnet came along in 1984, electric motors, generators, audio speakers, hard-disk drives, and the like had to make do with pricey samarium-cobalt magnets. Now 90 percent of…
Hero MotoCorp to Foray into Europe With EV Range Next Year
The world’s leading two-wheeler maker Hero MotoCorp on Tuesday said it will foray into the European market with its electric scooter range next year. The company plans to introduce the VIDA V1 electric scooter range in Spain, France and the…
Global Electric Vehicle Battery Recycling Market Outlook Report 2023-2028
The electric vehicle battery recycling market is expected to reach a value of $20.07 billion by 2028 from $8.2 billion in 2022, growing at a CAGR of 16.08% from 2022-2028The global electric vehicle battery recycling market is characterized by a…
Taxpayers are Subsidizing Rich Electric-vehicle Owners
A new report has exposed electric vehicles as wasteful money pits, living up to the adage: If it seems too good to be true, it is.EV proponents often claim they’re cheaper to own than conventional gas- or diesel-powered vehicles, but…
Mazda Revives Rotary Engine To Extend EV Range, But EU Ban Looms
Mazda, the automaker with the longest and richest history of using the Wankel rotary engine announced on June 22, 2023 that it resumed mass production of rotary engines for a new variant of the MX-30 compact crossover. Mazda provided little…
Lucid to Adopt North American Charging Standard (NACS), Bringing Greater Convenience to Lucid Customers
Lucid customers will be able to access 15,000+ Tesla Superchargers in North America in 2025. Lucid to integrate North American Charging Standard (NACS) into its vehicles in 2025. Lucid vehicles built with the current Combined Charging System (CCS) will be…
EV Power Exchange: Building North America’s Leading EV Charging Network
Electric vehicle (EV) demand in North America is rapidly increasing, drawing attention to the unreliability of the current EV infrastructure and its inability to support an influx of EVs. This necessitates a more robust and integrated charging network to support…
