Tesla Has a New Rival Producing Electric Sedans in US
Electric vehicle producers across the industry have ambitious goals for the remainder of this year, even if it might mean lowering some prices to drive sales, especially in China. General Motors reportedly lowered its Cadillac Lyric base price, Tesla reduced…
Brazil Going Green Amid US$8bn Local EV Production Plans
Brazil is turning the page toward electric vehicles (EV) with nearly US$8 billion in private sector investments aimed at kicking off the production of new EV models and their components on Brazilian soil. In addition to new EV models from…
Unsold Electric Cars Are Piling Up On Dealer Lots
The auto industry is beginning to crank out more electric vehicles (EVs) to challenge Tesla, but there’s one big problem: not enough buyers. Why it matters: The growing mismatch between EV supply and demand is a sign that even though consumers are showing more…
Stellantis Reveals Its STLA EV Platform
International automaker conglomerate, Stellantis, unveiled the first of four scheduled new EV platforms that will soon power many of its future vehicles. The new STLA Medium platform is destined to underpin a variety of brands under the Stellantis umbrella in…
Carvana Releases Top Ten Best-Selling Electric Vehicles in the First Half of 2023
Carvana, an industry pioneer for buying and selling used cars online, announces its top ten best-selling electric vehicles for the first half of 2023 in order of units sold, with the Tesla Model 3 as the most sold electric vehicle…
Legrand Debuts Its Plug-And-Play Level 2 Home EV Charger In The US
Legrand’s Plug-In Home Level 2 EV Charger is pretty simple. It doesn’t require an electrician to hard-wire it into a house’s electrical system; it only needs to be plugged into a 50-amp power outlet – the kind that’s used for such…
Electric Tricycles Market Research
“Electric Tricycles Market” Insights 2023 By Types (Folding Electric Tricycles, Non-Folding Electric Tricycles), Applications (Cargo Electric Tricycles, Passenger Electric Tricycles) , Regions and Forecast to 2030. The global Electric Tricycles market size is projected to reach multimillion USD by 2030,…
EV Batteries & Their Lithium Sourcing Problems
While people and governments all over the world grapple with insanely high fuel prices, one might think EVs are better in this regard. Well, EVs seem to have another problem altogether – rising prices of Lithium. Lithium is the main…
ETFs In Focus On Surging EV Sales
According to Investor’s Business Daily, sales of electric vehicles (EVs), specifically all-electric or battery electric vehicles (BEVs), will reach approximately 500,000 units in the initial half of 2023. This represents a significant growth of 41% from the 355,000 units sold…
GM Acquires Battery Software Startup In Quest To Become EV Battery Leader
The acquisition of ALGOLiON Ltd., led by GM’s newly-formed Technology Acceleration and Commercialization (TAC) organization, will help the OEM bring new battery technologies to market faster, it said in a press release. ALGOLiON, founded in 2014, has “developed sophisticated software…