The demand for EV batteries will be the highest in the Asia Pacific due to China being the world’s largest EV market. Thus, with the rise in the adoption of advanced integrated technologies for EV platforms, the demand for EV batteries would also rise. CATL unveiled its Qilin Battery, ...
The global EV battery market size was valued at USD 132.6 billion in 2023 and is expected to reach USD 508.8 billion by 2033, at a CAGR of 14.4%, during the forecast period 2023-2033.
The EV platform market was valued at US$ 15.5 Bn in 2023, It is estimated to expand at a CAGR of 16.4% from 2024 to 2034 and reach a value of US$ 91.5 Bn by the end of 2034.
US vehicle sales numbers are in for 2017 and so this week we’ve captured and compared light and electric vehicle sales, growth and market share since 2011. For the first time in US history, sales of EVs – both plug-in hybrids (PHEVs) and battery electric vehicles (BEVs) – finished...
New federal tax credits for eligible EVs combined with price cuts should grow the market in 2023, but not for all brands. Jones said, “The EV percentage share of vehicles sold in the US will only mirror the growth in Mainland China in the last two years when EV customers have choice ...
Renault...E-Tech T trucks will have a single-charge range of 375 miles, approximately the distance between Los Angeles and San Francisco...specifically rivals the Tesla Semi's range of 300 to 500 miles...Renault has had hybrid and electric trucks on the market since 2009, with its mass ...
Norway had the highest market share of EVs in H1 (BEV 69 % + PHEV 8 %), China had 21 %, Europe 18 % and USA 6,5 %. The fastest growing markets were India with 20 700 units BEV & PHEV for H1, +273 % and New Zealand with 8 300 units, +260 %.For the full year of 2022...
exploring tie-ups with sworn competitors to make cheaper electric vehicles and fend off existential threats...As pressure builds on European carmakers to sell more EVs, China's state-supported manufacturers are entering the cooling market with models that are often better and cheaper...Failure for...
Consequently, the average paid fast charging session in the USA consumes 22 kWh of energy; in Europe, it’s 25 kWh. This data can further inform the sizing and usage patterns of mobile EV charging units, ensuring they meet the realistic demands of EV drivers. Market Assessment and Strategy ...
This year’sGlobal EV Outlook reportby the International Energy Agency (IEA) revealed that electric vehicles made up nearly 10 percent of global car sales in 2021, which was four times the 2019 market share. Subsequently, the installation of publicly available EV chargers shows no signs of slow...