Global Automotive Lithium-Ion Battery Market Report 2023
Global Automotive Lithium-Ion Battery Market size was valued at USD 40.53 billion in 2021 and is poised to grow from USD 48.19 billion in 2022 to USD 228.87 billion by 2030, growing at a CAGR of 18.9% in the forecast…
Toyota’s $50 Million Investment in New EV Battery Lab Amplifies North American Electrification Efforts
Toyota Motor North America pledges nearly $50 million for a new electric vehicle battery lab, reinforcing the brand’s commitment to sustainable mobility and electrification in North America. What’s Happening Toyota Motor North America, Inc. (TMNA) plans to invest around $50 million in building a…
Over 75% of People in the US Would Consider Renting an EV as a Test Drive
Electric vehicle sales are booming, with EVs representing more than 7% of all new light vehicles registered in the US in January. That’s a 74% increase from just a year ago, according to data from Experian. But many people in the US…
EV Prices Likely To Be Slashed In Australia As Part Of EU Trade Talks
The price of high-end electric vehicles could be dramatically reduced for Australian drivers as a result of trade negotiations with the European Union as the federal government mulls slashing the controversial luxury car tax or potentially scrapping it entirely for…
Mid-Michigan Truck Manufactures Invests $16M Into Electric Expansion
A specialty truck manufacturer is making a $16 million expansion into electric trucks with a boost from state dollars for talent recruitment. The Shyft Group, based 25 miles southwest of Lansing in Charlotte, plans to create 680 jobs with the…
GM’s Electric Vehicles Will Gain Access To Tesla’s Vast Charging Network
Electric vehicles made by General Motors will be able to use much of Tesla’s extensive charging network beginning early next year under an agreement the two companies announced Thursday. In addition, GM will adopt Tesla’s connector, the plug that links…
Electric Vehicle Adoption in US Will Save a Massive Number of Lives
Waukegan, Ill., is an industrial suburb located about 26 miles north of Chicago’s city limits. Nicknamed “Wauk Town,” it is the birthplace of science fiction writer Ray Bradbury and has appeared in many films including “Groundhog Day,” “Contagion,” and “The…
Arcimoto Builds EVs For The Rest Of Us
Eugene, Oregon-based Arcimoto makes two-seat, street-legal—and even highway-capable—runabout electric “autocycles” that start under $20,000. “People deserve something they can afford. And we have three times the efficiency of a Tesla,” says the Arcimoto CEO. Arcimoto first showed its wares at…
Rubio Warns of Rapid EV Transition Consequences
The Biden Administration is failing to educate investors and consumers about the risks of its own policy agenda. Many reports have cautioned that a rapid transition to electric vehicles (EV) could have disastrous consequences for America’s transportation infrastructure, electric grid,…
US Confirms All Tesla Model 3 Vehicles Qualify for $7,500 Tax Credit
The Biden administration confirmed Tuesday that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after two versions saw credits fall in half. In April, new battery sourcing rules went into effect that lowered the…
