Schneider Electric named a Leader in the IDC MarketScape for Worldwide EV Charging Management Solutions
Schneider Electric’s EV charging management solutions are designed to meet diverse regional needs through two main platforms: EV Connect in North America and Oceania, and the EcoStruxure EV Advisor in Europe. The company acquired EV Connect in 2022, bringing its…
Tesla’s China-Made EV Sales Drop 4.3% in Nov
U.S. automaker Tesla’s’s sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles recorded a 15.5% increase from…
Europe Vehicle Electrification Market Set to Grow from $40.4 Billion in 2024 to $72.3 Billion by 2031 As Revealed In New Report
The Europe vehicle electrification market is expected to grow from US$40.4 billion in 2024 to US$72.3 billion by 2031, reflecting a CAGR of 8.6%. This growth is driven by strong consumer demand, expanding charging infrastructure, and investments by OEMs. The…
Sentiment Towards Battery Electric Vehicles Falls in Europe, According to Car Buying Intentions Survey
Only 16% of Europeans planning to buy a car in the next year say they will opt for a Battery Electric Vehicle (BEV), according to the latest car buying intentions survey from Bloomberg Intelligence (BI), underscoring the ongoing challenges faced…
Northvolt to cut 20% of global staff, placing Europe’s EV battery-making ambitions at risk
Sweden’s Northvolt AB will shed 20 per cent of its global workforce and pause its expansion plans to slow cash outflows that have left the battery-making hopeful in a financial squeeze. The company, which has struggled in its mission to stand up…
County Awarded over $4.7M by USDOT for Equitable EV Charging Infrastructure
The U.S. Department of Transportation recently announced that Miami-Dade County is a recipient of $4,760,788 to expand community electric vehicle (EV) charging infrastructure throughout the county to support current and projected EV adoption. The funds were granted through the Federal…
EV Sales hit Speed Bump as Drivers Unplug from the Electric Dream
Registrations of battery electric vehicles (BEV) continue to fall in the European continent, as sales growth slows in the US and British manufacturing of the wheeled machines declines sharply. The EV revolution is showing early signs of running out of…
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…
Share of Electric Cars in Portugal Above EU Average
More than 256.5 million passenger vehicles were on European Union (EU) roads in 2023, but only 4.48 million (1.7%) were 100% electric, according to Eurostat. In Portugal, there was a vehicle fleet of 5.9 million cars that year, of which…
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…
