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…
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…
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…
SK Set To Produce Faster EV Chargers Than Tesla In US
South Korea’s SK Signet Inc. is poised to produce electric vehicle chargers with the fastest charging speed in the US, targeting the ultra-fast charger market dominated by Tesla Inc. The SK Group unit on Monday completed construction on its state-of-the-art manufacturing plant for EV…
AXL Electric Vehicles Unveils The First Canadian EV Brand
AXL Electric Vehicles (AXL), the Canadian automotive company dedicated to revolutionizing the EV industry by making luxury electric vehicles more affordable, is proud to announce the world premiere of its SHARX-5, the company’s new electric mid-size SUV, in Dubai. The…
Vietnamese-Made Electric Cars Arrive At Port of Nanaimo For Sale in Canada
The Port of Nanaimo is the first stop for hundreds of new electric vehicles built in Vietnam. More than 750 VinFast VF 8 vehicles arrived in Nanaimo on May 16 as part of an initial shipment of 1,879 vehicles exported…
GM Deal Strengthens Its EV Supply Chain. The Stock Is Rising.
Traditional auto makers need supply chains full of batteries and the materials they’re made of if their electric-vehicles businesses are ever to catch the leader Tesla TSLA +3.11% . U.S. auto giant General Motors GM +3.82% has big EV ambitions and unveiled another deal to strengthen its supply chain on Friday. GM…
How Norway Came To Lead The Charge In The EV Revolution
Norway is ending the sale of new petrol and diesel cars in two years, a decade ahead of the European Union. The country leads the world when it comes to electric vehicle (EV) adoption, and its roads offer a glimpse…
