EV industry news updates

The upcoming year marks a pivotal point for the European Union as the European Commission (EC) gears up to introduce a new 2040 climate target. A key focus of this ambitious plan is the reduction of CO2 emissions, particularly from the road transport sector, which currently contributes to over a quarter of the EU's total emissions. The transition from...

In a recent paper, the European Network of Transmission System Operators for Electricity (ENTSO-E) has forecasted a significant increase in electricity demand from both buses and trucks, as Europe progresses towards greater electrification of its transport sector. This projection, which extends to the regions of EU27, Norway, Iceland, Switzerland, and the United Kingdom, indicates that by 2030, the electrification...

In a recent paper, the European Network of Transmission System Operators for Electricity (ENTSO-E) has forecasted a significant increase in electricity demand from both buses and trucks, as Europe progresses towards greater electrification of its transport sector. This projection, which extends to the regions of EU27, Norway, Iceland, Switzerland, and the United Kingdom, indicates that by 2030, the electrification...

Transport & Environment (T&E) released a new report titled "How Leasing Companies Can Become a Key Driver of Affordable Electric Cars in the EU." This report emphasises the pivotal role leasing companies could play in accelerating the transition to electric vehicles (EVs), particularly for the used car market in Europe. Key insights from the report include:

Transport & Environment (T&E) has released a briefing highlighting Europe's urgent need to diversify and secure its supply of critical minerals in light of the increasing demand for green technologies. The paper outlines the challenges and strategic approaches required to ensure a stable supply of minerals like copper, lithium, and cobalt.

The International Council on Clean Transportation (ICCT) has released a new report, which provides a detailed analysis of the decarbonisation pathways for heavy-duty vehicles in Europe. This report, focusing on a total cost of ownership (TCO) comparison for various truck classes, offers critical insights into economically viable strategies for reducing carbon emissions in the heavy-duty vehicle sector.

Germany has reached a pivotal moment in its journey towards sustainable transportation, surpassing 1 million battery electric vehicles (BEVs) on its roads as of December 2022. This achievement underscores the nation's commitment to its target of 15 million EVs by 2030, a crucial component of the European Union's broader goal of 30 million EVs across the bloc by the...

A new overview by CIC energiGUNE offers a comprehensive look at the major players in North America's battery value chain. This informative graphic neatly categorises companies into distinct phases: from raw material procurement to the recycling and second-life applications of batteries.

The electric vehicle (EV) industry has witnessed a remarkable surge in the first half of 2023, with EV battery sales growing by an impressive 54% year-over-year, reaching over 300 GWh. This surge is closely aligned with the 43% increase in global EV sales during the same period, as detailed by Counterpoint's Global EV Battery Tracker.