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US Electric Vehicle sales hit record highs from 2018 to 2023

The United States electric vehicle (EV) market has witnessed an extraordinary growth trajectory from 2018 through 2023, marking a significant shift in consumer preferences and automotive industry strategies. According to the latest data, the US EV market achieved a monumental milestone in 2023, with sales soaring to nearly 1.46 million vehicles. This represents a 50% increase from the previous year, where approximately 971,000 EVs were sold, underscoring the rapidly accelerating adoption of electric mobility. Read More

U.S. Commercial vehicle industry poised for battery capacity boost

In an industry where the cost and availability of lithium-ion batteries are pivotal, the U.S. commercial vehicle sector is on the brink of a significant transformation. With battery packs constituting approximately 70 percent of the total cost of battery electric trucks (BETs), the declining cost of these batteries over the past 15 years has been a boon for the zero-emission truck (ZET) market. However, disparities in battery pack pricing between electric passenger cars and commercial vehicles have highlighted the need for a more robust battery supply chain dedicated to the commercial vehicle sector. Read More

Corporate fleets lagging behind in EV adoption

In the push towards a greener future, the transition to electric vehicles (EVs) is paramount. However, despite significant strides in the consumer market, there's a crucial sector where progress is lagging: corporate fleets. Read More

Mercedes reclaims title as world’s most valuable automotive brand

In the ever-evolving landscape of the automotive industry, brand value serves as a pivotal marker of success and resilience amidst shifting market dynamics. In the latest report by Brand Finance, Mercedes-Benz has once again ascended to the pole position as the world's most valuable automobile brand, showcasing not only its enduring prestige but also its adaptability in an era marked by electric vehicle (EV) challenges. Read More

Record-breaking drop for European EV market in December

December 2023 marked a surprising downturn for the electric vehicle (EV) market in Europe, deviating from the positive trajectory witnessed throughout the year. As reported by José Pontes, data director at EV-volumes.com, the month witnessed a record-breaking drop in EV registrations, raising concerns amidst an otherwise promising landscape. Read More

Carmakers Failing to Deliver Affordable EV’s

The transition to electric vehicles (EV’s) represents a critical step towards reducing emissions from the transportation sector. However, despite growing consumer interest and governmental push for cleaner mobility solutions, a significant obstacle remains: the lack of affordable electric cars. Read More

Electric truck charging in Europe: cost disparity landscape

A new paper from the Regulatory Assistance Project (RAP), titled "Cost Analysis of Megawatt Charging in Europe", casts a spotlight on the significant disparities in megawatt charging costs for electric trucks across European borders. This detailed examination unpacks the operational expenses linked with establishing high-capacity charging stations, which are pivotal for the integration of electric trucks into long-haul freight operations throughout the continent. Read More

Global electric vehicle charging infrastructure expansion

China has solidified its position as the global leader in electric vehicle (EV) charging infrastructure, according to a recent report by The ICCT (International Council on Clean Transportation). By the end of 2022, China boasted an impressive 1 million public chargers, marking a substantial 25% increase from the previous year. This milestone accounted for a staggering 51% of the worldwide total, nearly double Europe's public charger stock and eight times that of the United States. Read More

Strategies for a profitable EV Charging infrastructure

A recent report by Cenex, sheds light on key strategies to establish a profitable electric vehicle (EV) charging infrastructure. The study, conducted in collaboration with the International ZEV Alliance (IZEVA), evaluates international approaches and policies that foster private sector involvement in public charging infrastructure deployment. Read More

The 2024 global automotive consumer study in Austria

Understanding consumer preferences and behaviours is paramount for manufacturers, policymakers, and stakeholders. The 2024 Deloitte Global Automotive Consumer Study offers invaluable insights into the Austrian automotive market, shedding light on key trends, challenges, and opportunities shaping the industry. Read More