The Market for electric vehicles – what do potential users want.Electric Vehicles, Recharging needs, Electric car purchase modelChristensen, LindaKveiborg, OleMabit, Stefan L
For electric vehicles, the Chinese government has provided tax exemptions or lowered taxes. These initiatives by the government have attracted a lot of buyers to purchase EVs in this country. For instance, in September 2022, China's Ministry of Finance (MOF), the State Taxation Administration (...
the global electric vehicle market size is projected to grow from USD 396.4 billion in 2024 to USD 620.3 billion by 2030, at a CAGR of 7.7%. A combination of environmental, economic and technological factors is propelling the global market for electric vehicles to grow at an unprecedented rate...
NEV sales have continued their upward trajectory in China, the world's largest market for such vehicles, according to carmakers and industry associations. The nationwide wholesale deliveries of electric vehicles and plug-in hybrids were expected to hit 940,000 units in November, up 29 percent year...
At a press conference before the opening of the CES, Valeo announced its strategic cooperation with Meituan, one of China's leading on-demand food delivery platforms, and the two sides will work together on autonomous delivery vehicles.
The growing use of electric vehicles could drive lithium demand to 1.15 million tonnes per year by 2025, from 265,000 tpy in 2018, UBS said. Consumption of nickel for batteries would total 665,000 tonnes in 2025, compared with 60,000 tonnes currently, according to the bank. This...
The governments in the US have been taking several initiatives to boost the adoption of EVs among customers. Government support is crucial for the sales of new energy vehicles such as BEVs and PHEVs. Declining prices of lithium-ion batteries is another important driver influencing the electric ve...
NEV sales have continued their upward trajectory in China, the world's largest market for such vehicles, according to carmakers and industry associations. The nationwide wholesale deliveries of electric vehicles and plug-in hybrids were expected to hit 940,000 units in November, up 29 percent year...
Electric Motors for Electric Vehicle Market Outlook (2023 to 2033) Electric vehicles are increasingly being adopted in the last few years, owing to increasing prices of fuels, and declined costs of lithium batteries. In 2021, about 7 million units have been sold globally. This highlights the dem...
Dedicated electric vehicle platforms are not the future, even if EVs designed from the ground up are cheaper to build than those adapted from internal-combustion-powered vehicles. And major automakers with separate EV marketing channels, like Mercedes-Benz's EQ, BMW's i Series and Toyota's BZ...