China is driving the increase. The nation is firmly in the mass-market phase of adoption, with battery-powered vehicles making up 38% and 32% of passenger-car sales in August and September, respectively. Europe
This transformation has attracted significant government support, as demonstrated by the US Department of Energy's announcement in August 2023 to provide $3.5 billion in funding for domestic EV battery manufacturing, which will have cascading effects on the service sector. The industry is witnessing su...
August has turned out to be yet another auspicious month for the U.S. auto industry on the back of strong sales led by a gradually improving economy. In fact, August 2014 auto sales increased to their highest level in 8-1/2 years.This is especially...R...
Ford reported increased US quarterly sales Wednesday, reflecting strong demand despite higher interest rates in an auto market that has yet to see significant effects from a labor strike.
As such, Massachusetts has planned to ban the sale of gas-powered vehicles by 2035 since the inception of the policy in August 2022. New Jersey New Jersey was the sixth state that has used Section 177 of the Clean Air Act to ban gas-powered car sales by 2035. In March 2023, Gov. ...
The Biden Administration targeted half of all new vehicle sales in the nation to be electric by 2030 in August 2021 as part of its efforts to slash greenhouse gas emissions, much of which come from transportation sector carbon dioxide emissions, a result of burning...
This feature will investigate the latest designs and advancements in such products. INSIGHT: Uncrewed Aerial Vehicles Ed deadline: 14th July 2023 Ad deadline: 26th July 2023 Publication date: 14th August 2023 Bonus distribution: Interaerial Solutions & Intergeo, Germany Commercial UAV Expo, USA ...
The Biden Administration targeted half of all new vehicle sales in the nation to be electric by 2030 in August 2021 as part of its efforts to slash greenhouse gas emissions, much of which come from transportation sector carbon dioxide emissions, a result of burning fossi...
August 1, 2023 Sources Source information is only available to PRO subscribers. Featured In Forecast Trends to Watch in 2024Data Drop: 5 Charts on the State of the US Auto IndustryElon Musk may exit Tesla if $56 billion pay package isn’t approvedAuto sales growth is expected to slow over...
Inflation also worsened on a monthly basis, with prices jumping 0.5% in January from December, the largest increase since August 2023. Core prices climbed 0.4% last month, the most since March 2024. Grocery prices climbed 0.5% just in January, pushed higher by a 15.2% surge in egg prices...