EU and UK Agree Rules of Origin Agreement to Avoid Tariffs on EVs
The UK Government has finalised a deal with the EU to extend trade rules on electric vehicles (EVs) until the end of 2026. This agreement will postpone ‘rules of origin’ requirements and the imposition of 10% tariffs on EVs. The…
Electric Vehicle (EV) Battery Market to Reach US$ 347 Billion by 2033
According to a recent analysis by Fact.MR, the global electric vehicle (EV) battery market is expected to undergo substantial growth at an impressive Compound Annual Growth Rate (CAGR) of 18.5%, reaching a valuation of US$ 347 billion by the conclusion…
List of Electric Car Models Eligible for $7,500 Tax Credit is Cut to 13
The number of electric vehicle models eligible for a popular $7,500 consumer tax credit fell sharply as new rules from the Biden administration kicked in on Jan. 1. Narrower criteria reduced the number of qualifying models to 13 from about…
Hyundai Planning To Launch Entry-Level EV, Christened Ioniq 2
South Korean car giant Hyundai is set to disrupt the market with a game-changing affordable model – the Ioniq 2. This compact EV, positioned below the popular Ioniq 5 and Ioniq 6, aims to crack the code for accessible electric…
The year America’s EV Dreams Met Reality
For driving enthusiasts, electrification is a dirty word. But when it comes to decarbonizing the earth’s atmosphere, the ability to harness clean energy, and simplifying the production process for automobiles, it’s no surprise automakers and governments across the globe were…
Availability Of China’s Affordable Electric Vehicles Could Boost US Sales
On a recent driving holiday to Norway, I couldn’t help but notice the great number of electric vehicles on the road. Even more surprising was that I did not immediately recognize the maker of some of these vehicles. Because EVs…
Yamaha Motor Establishes New Company for Battery Management in Compact Electric Vehicles
Yamaha Motor Co., Ltd. announces that it has established ENYRING GmbH, as a new company that will offer swappable batteries for compact urban electric vehicles via subscription-based services. By offering such services and by reusing and recycling batteries together with…
Interest in Hybrids Grows as US Motorists Go Slow on EV Purchases
Most American automakers have pledged to electrify their vehicle lineups as part of global efforts to curb greenhouse gas emissions and mitigate climate change. Battery electric vehicles are ideal transportation for a green economy because they run on electricity rather…
US Nano-Silicon Startup Revs Up for EV Battery Boom
Congressman John Curtis (UT-03) toured Ionic Mineral Technologies’ (Ionic MT) new Provo facility this week, underscoring the Utah company’s pivotal role in securing America’s electric vehicle (EV) battery future. Ionic MT’s revolutionary nano-silicon anode material, Ionisil™, promises an 8x capacity…
EKA MOBILITY JOINS FORCES WITH MITSUI AND VDL GROEP TO MANUFACTURE ELECTRIC VEHICLES
EKA Mobility, a leading electric vehicles and technology company based in India, has announced a partnership with Japanese conglomerate Mitsui & Co., Ltd. and Netherlands-based industrial and manufacturing company VDL Groep to manufacture electric vehicles (EVs). Under the cooperation, EKA…