The United States’ ambitious transition to electric vehicles (EVs) has encountered a significant roadblock, raising concerns about vehicle range, limited charging capacity, and core affordability issues. Automakers, in recent weeks, have adjusted their EV sales targets and delayed capital projects as they grapple with reducing inventories of unsold EVs at dealerships. While the shift towards …
Berkshire Hathaway-backed Chinese automaker BYD has recently unveiled its latest electric vehicle (EV), the Sea Lion 07, at the Guangzhou Auto Show. With its entry into the mid-size SUV segment, BYD aims to take on the Tesla Model Y in the world’s largest auto market. This move signifies BYD’s determination to challenge Tesla’s dominance in …
The electric vehicle (EV) revolution is in full swing, marked by a steady increase in popularity in recent years. The International Energy Agency (IEA) predicts a remarkable 35% surge in EV sales after a record-breaking 2022. This growing demand can be attributed to heightened environmental awareness, government incentives, and continuous advancements in EV technology. As …
The year 2023 witnessed a rapid surge in the number of electric cars hitting the market, with car manufacturers scrambling to introduce a wide range of electric vehicles, from superminis to supercars. And it seems that the momentum is not slowing down anytime soon. Featured Image credit: freepik As the automotive industry hurtles towards an …
Nissan, a pioneer in the electric vehicle (EV) market, is set to unveil its next-generation LEAF EV in 2024. As the compact EV that kickstarted the electric revolution, the LEAF is getting a much-anticipated makeover to stay competitive in an increasingly crowded market. With the company’s commitment to an all-electric future, Nissan is investing £3 …
Climate experts urge individuals and policymakers to consider switching to electric vehicles (EVs) within the next decade. The transportation sector is responsible for over a quarter of greenhouse gas emissions in the United States, with carbon dioxide from tailpipe emissions playing a significant role in global warming. To combat climate change, a recent study conducted …
The Number of EVs Needed to Hit Climate Change Goals May Surprise You Read More »
U.S. Market Performance: Dominance of Tesla In the first half of 2023, Tesla remarkably outperformed its rivals in the U.S. EV market. Tesla’s sales figures stood at 325,291 vehicles, which was 61.5% higher than the collective sales of its competitors, totaling 201,408 vehicles. Other significant players included GM with 37,164 sales, VW Group at 29,137, …
The electric truck market is experiencing an unprecedented boom, with no signs of slowing down. Whether you’re exploring offerings from seasoned industry veterans or innovative all-electric startups, two contenders have emerged at the forefront: Rivian with its groundbreaking R1T and Tesla with the eye-catching Cybertruck. Although both fall under the electric pickup category, they couldn’t …
The buzz around all-electric vehicles (EVs) has never been bigger. In August 2021, President Biden announced an ambitious new goal: By 2030, half of all vehicles sold in the U.S. will be electric [^1^]. With the majority of consumers indicating that they’d consider buying an EV, along with highly anticipated new electric vehicles on the …
Over the last decade, the electric vehicle (EV) market has experienced historic growth. In 2021, nearly one in every ten cars sold globally was an EV. The global EV sales in 2022 were up 62% in the first half of the year compared to 2021, and more than two million EVs were sold in Q1 …
