GM Joins Electric Vehicle Upswing In Expanding US Market
General Motors’ US electric vehicle sales more than doubled in the second quarter from the same period a year earlier, adding to evidence of a growing appetite among consumers for battery-powered cars and trucks. The Detroit carmaker said on Wednesday…
Shifting To EV Fleets Would Save State, Local Governments Millions Of Dollars
Arizona governments could save almost $283 million over the next 10 years if roughly 20,000 gasoline-powered light-duty vehicles in their fleets that are due to be retired were replaced with electric vehicles, according to a recent report. The 38-page report by the…
Thailand Tipped To Be a Leading EV Market
Sales of electric vehicles (EVs) continue to gain market share globally, with Thailand and Indonesia being key markets within Asean, says a research agency. Sales of electric vehicles (EVs) continue to gain market share globally, with Thailand and Indonesia being…
The Bitter Conclusion of Trump’s Failed Flirtation With Electric Vehicles
The Bitter Conclusion of Trump’s Failed Flirtation With Electric Vehicles “Well, ladies and gentlemen, this is incredible,” President Trump boasted in front of a gleaming white pickup parked on the South Lawn driveway in late September 2020. At a glance, the truck…
Micro Electric Automotive Market Share and Ongoing Trends, Size, Growth Rate, Recent Key Players
The global micro electric vehicle market size was valued at $8.9 billion in 2021, and is projected to reach $24.3 billion by 2031, growing at a CAGR of 10.8% from 2022 to 2031. A micro electric vehicle (micro-EV) is a…
$2.5 Billion Wireless Electric Vehicle Charging Systems Markets
The global wireless electric vehicle charging systems market is projected to reach $2.5 billion by 2030, at a CAGR of 50.1% during the forecast period 2023-2030. The growth of the wireless electric vehicle charging systems market is driven by the…
Ford To Lay Off Workers As It Focuses On Electric Vehicles
As Ford shifts to producing more electric vehicles, it expects to lay off a number of employees, mostly engineers, in North America over the coming days. The company would not confirm any specific number of employees involved. “This is related…
EU Electric Vehicles Risk 4.3 Billion Euro Post-Brexit Tariff Cost
Post-Brexit rules forcing European automakers to source more electric vehicle components from Britain or the EU could cost them up to 4.3 billion euros ($4.7 billion) in tariffs and hit output, a leading industry body said on Tuesday. Under the…
Europe New Car Sales Rose 18.5% in May, Electric Vehicles Take Larger Share
New car registrations in Europe jumped in May with battery-electric vehicles taking a bigger market share than a year ago, the European Automobile Manufacturers’ Association said Wednesday. Registrations, which reflect sales, totaled almost 1 million, an 18.5% jump from last…
The U.S. Becomes The World’s Second-Largest EV Market After China
Tax credits led to a surge in U.S. electric vehicle sales in the first quarter of 2023, making the United States the world’s second-largest EV market after China, Counterpoint Technology Market Research said in new research. U.S. passenger electric vehicle (EV)…
