EV industry news updates

The global push towards electrification of transportation is being accelerated by the implementation of various regulatory interventions. Such interventions are not only providing consumers with more confidence but are also giving automakers and investors clarity regarding the direction of travel.

The electric mobility market in India has grown significantly over the past few years despite challenges in the ecosystem. There are six main categories used to classify the sector, and the graph below shows the players who participate in each of these categories.

The automotive industry is currently experiencing a shift towards electric mobility, with an increasing number of carmakers pledging to phase out internal combustion engines and transition to fully electric vehicles. As governments around the world implement stricter emission regulations and consumers demand more sustainable modes of transportation, carmakers are setting ambitious electric vehicle (EV) targets to remain competitive in...

Transitioning towards a fully electric fleet is necessary to combat climate change and reduce harmful emissions from transportation. As major car manufacturers compete to achieve this goal, it's important to evaluate their progress and advocate for strong policies that support the transition towards zero-emissions vehicles.

To ensure that British-made electric vehicles (EVs), batteries, and battery parts can be exported to international markets tariff-free and to sustain the nation's industrial potential, a recent study by SMMT suggests that the United Kingdom needs to expand and enhance its free trade agreements.

It's doubtful that worldwide sales of internal combustion cars will ever reach their pre-pandemic levels, according to recent statistics provided by BloombergNEF (BNEF). According to data, the market for internal combustion cars, which includes conventional hybrids, reached its highest point in 2017 with 86 million passenger vehicles sold. However, with just 69 million vehicles in 2022, combustion vehicle sales...