EVs and Hydrogen Set to Propel Europe’s Power Demand by 30% by 2035
Electric vehicles, renewable hydrogen and emerging technologies are poised to drive a 30% surge in European power demand by 2035. That’s according to a report from LSEG Power Research, which predicts that the electric vehicle sector will emerge as a…
VinFast Plans U.S. Dealer Network with 125 Sales Points in First Phase
VinFast Auto Ltd. (the “Company” or “VinFast”) (NASDAQ: VFS) today at Electrify Expo 2023, announced its aggressive plans for expansion across the U.S. with more than 70 dealer applications in hand. Updates on dealer agreements are expected to be announced…
Europe Must Democratise the Electric Car for the 80%
William Todts is the executive director of the clean mobility NGO Transport & Environment. Monique Goyens is the director general of BEUC, the European consumer organisation. Less than a month ago, Executive Vice-President Šefčovič and Commissioner Wopke Hoekstra committed to…
EV Charging Stations Market Size Worth USD 299.58 Billion by 2032
The global Electric Vehicle (EV) charging stations market size reached USD 21.40 Billion in 2022 and is expected to register a revenue CAGR of 30.3% during the forecast period, according to latest analysis by Emergen Research. Increasing purchase of electronic…
Global Electric Vehicle Battery Recycling Market Outlook Report 2023-2028
The electric vehicle battery recycling market is expected to reach a value of $20.07 billion by 2028 from $8.2 billion in 2022, growing at a CAGR of 16.08% from 2022-2028The global electric vehicle battery recycling market is characterized by a…
Taxpayers are Subsidizing Rich Electric-vehicle Owners
A new report has exposed electric vehicles as wasteful money pits, living up to the adage: If it seems too good to be true, it is.EV proponents often claim they’re cheaper to own than conventional gas- or diesel-powered vehicles, but…
BYD Plans to Build Rivals for European Electric Cars in Their Own Backyard
BYD only started selling cars in Europe this year, but already it’s looking to build a factory on the continent. Reuters reports the decision has already been made to build the factory in Hungary. Citing German newspaper Frankfurter Allgemeine Sonntagszeitung…
Pritzker Administration Opens Next Round of Electric Vehicle Rebate Program for Illinois Residents
Illinois Environmental Protection Agency (EPA) Director John J. Kim today announced the opening of the next round of funding for the Illinois Electric Vehicle (EV) Rebate Program. Applications are being accepted starting November 1 and must be postmarked no earlier…
France Reinvests in EV Charging Infrastructure to Meet EU targets
France aims to have over 400,000 electric vehicle charging points on its road network by 2030, including 50,000 fast charging points.Today, the public network has more than 110,000 charging points, making France the second best-equipped country in Europe, behind the…
Mercedes-Benz CFO Says EV Market is ‘brutal’ And Unsustainable After Carmaker Reported Earnings
Electric vehicles are losing their luster as major automakers grapple with waning customer demand and the realization that mass adoption of EVs won’t happen without some hiccups. Mercedes-Benz is the latest to feel the pinch of high interest rates on…
