EV And PHEV Sales Surged 26% Globally In 2024, But The Party’s Over In Europe
Global sales of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) surged in 2024, exceeding 17 million units, representing a substantial 25.6% jump compared to the previous year. December alone set a new milestone, with sales climbing to a…
A Large Increase in Sales of Electric Cars is Predicted in Europe
Experts from S&P Global Mobility (financial analysis and forecasting) predict that sales of electric vehicles will increase to 15.1 million units next year, which will make their market share reach 16.7 percent of global sales. cars. Although final figures for…
Taiwan Installs More Electric Vehicle Battery Chargers than EU Recommendation
Taiwan has a higher density of battery charging stations for electric vehicles than the rate suggested by the European Union, reports said Saturday. With 9,770 chargers, Taiwan now has one public EV battery charging point per 9.1 EVs, compared to…
Türkiye Leads Europe in Electric Vehicle Fast-charging Network
Türkiye currently ranks first in Europe in terms of socket power and the number of fast (DC) sockets per electric vehicle, according to Mustafa Yılmaz, president of the Energy Market Regulatory Authority (EPDK). The number of electric vehicles (EVs) has…
Adden Energy Raises $15M to Expand Accessibility of Electric Vehicles
Electric Vehicle (EV) adoption is one of the most meaningful steps an individual can take to combat climate change. Yet, current battery performance is holding back many consumers from electrification. Beyond the issue of range, EV batteries are slow-charging, have…
Global EV And PHEV Sales Jump 21% In July But Fall In Europe
It’s no secret that the growth of the EV sector cooled through the first few months of the year, but according to market research firm Rho Motion, they have rebounded strongly, and alongside PHEVs, sales jumped by 21% in July…
US Automakers Pump the Brakes on EV Plans
Ford Motor outlined plans on Thursday to use a Canadian plant it had earmarked for a future electric vehicle to instead build larger, gasoline-powered versions of its flagship F-Series pickup truck. Ford had already delayed the launch of the planned…
European Battery Manufacturer Pauses Development As EV Demand Cools
Troubling news for the electric vehicle market emerged from Europe on Tuesday. The first was the collapse of Porsche Taycan prices, and second, a battery plant owned by Stellantis and Mercedes-Benz halted development. All of this signifies sliding EV demand…
California to Get Nearly $64M for EV Charging
California is poised to receive nearly $64 million in federal funding for electric vehicle charging and infrastructure. U.S. Rep. Zoe Lofgren (D-CA) announced on Tuesday that the U.S. Department of Transportation’s Federal Highway Administration (FHA) will distribute $63,702,988 to the…
China EV Stocks Sink on Reports of US Tariffs
Shares of major Chinese electric vehicle makers fell on Friday, after multiple reports said that the U.S. was preparing more tariffs against Chinese companies, specifically aimed at EVs and other key sectors. Li Auto Inc (HK:2015) (NASDAQ:LI), NIO Inc (HK:9866)…
