Electric vehicle sales growth topped that of the global car market in 2021, up 26 percent over the previous year. Even with Covid-19 restrictions and component shortages, global EV sales will top 6.4 million un
the number of EVs sold annually in the country grewfrom 1.3 million to a whopping 6.8 million, making 2022 the eighth consecutive year in which China was the world’s largest market for EVs.
The European nation’s energy revolution has made it a leader in replacing nukes and fossil fuels with wind and solar technology.
Additionally, the TCO of electric two-wheelers is already on par with ICE vehicles in many regions, which are soon set to become cheaper than ICEs.Battery costs, which have traditionally comprised about 35 percent of the two-wheeler’s bill of materials (BOM) value, ...
This shift encompasses a wide range of goods, from, books and bicycles to electric cars, and even clothing. Furthermore, the perception of used goods has shifted significantly. The previous stigma associated with buying used goods has largely lifted, especially as consumers increasingly value...
While it is often the most convenient way to charge and most closely resembles quickly filling up an ICE vehicle at a gas station, Level 3 DC Fast Charging causes a lot of heat, which in turn wears out the battery more than Level 1 or Level 2 charging. However, many manufacturers have...
The Toyota RAV4 is no longer the diminutive SUV it once was, casting a shadow shy of two feet longer than its forebear from 1996 (the first model year that Toyota sold the RAV4 on our shores). Those looking for a Toyota SUV closer in size to that of the original RAV4 may find th...
According to sales data compiled by Galaxy, more than 6.495 million electric vehicles were sold worldwide in 2021, a year-on-year increase of 108 per cent and the highest annual growth rate since 2012. Of these, Tesla alone accounted for 14.4 per cent of the market, followed by...
All three of these things require energy at many places in their “lives.” Food – Sunshine to grow; oil to cultivate and transport it to the store; electricity for refrigeration; natural gas or electricity for cooking; human labor for many tasks. Transportation – Fuel to make the metal ...
subsidies to help create an industry that could overtake Western competitors. It took courage as much as a green vision. China became the world leader by volume. Half of all electric cars sold last year are running on Chinese roads. Batteries for the global industry are produced in China. ...