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UK urged to expand trade for EV supply chain

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. Read More

ICE Sales Peaked in 2017, EV Market Continues to Grow

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 were down nearly 20% from their high. In contrast, the number of plug-in cars increased to 10.4 million, up from little over 1 million in 2017. Read More

The Global Battery Arms Race

Demand for electric vehicles (EVs) is set to skyrocket as governments around the world aim to achieve net-zero emissions by 2050. This means that by 2035, all new cars sold must be electric, requiring over 70 million batteries annually for consumer EVs alone, according to the International Energy Agency. To meet this demand, gigafactories producing new battery capacity will need to increase from the current annual global manufacturing capacity of approximately 500 gigawatt hours to 3,000 gigawatt hours by 2025. Read More

European Charging Infrastructure A Long Way From Great

Looking at the charging infrastructure in Europe is not something that makes you happy. A new website shows just how bad the situation is. Read More

Europe’s Ambition for Battery Production at Risk

Europe's aim to become a leader in battery production for electric vehicles is at risk due to the US Inflation Reduction Act, which is pouring at least $150 billion into battery components and metals manufactured in the US or friendly countries, according to a report by Transport and Environment (T&E). Read More

How not to lose it all

This report by T&E analyses the risk to Europe's 1.8 TWh battery factory pipeline potential due to factors such as US subsidies and project maturity, funding, permits and links to the US. It reveals that almost 70% of the potential battery cell supply in Europe is at risk of being delayed, scaled down or not realised at all if further action is not taken. Read More

Building a battery supply chain across Europe & America

To reach net zero by 2050, all cars sold from 2035 must be electric vehicles (EVs). That is the prediction by the International Energy Agency (IEA). This requires more than 70 million batteries a year for consumer EVs alone. This means demand for batteries will grow exponentially in the coming years. Read More

Analyzing the Impact of the IRA on EV Uptake in the USA

The Inflation Reduction Act (IRA) of 2022 will boost Electric vehicle (EV) sales for consumers in the United States. The $370 billion allocated to climate and clean energy investments expands tax credits and incentives to deploy more clean vehicles, including commercial vehicles. Moreover, it supports a domestic EV supply chain and charging infrastructure buildout. Read More

Q4 storm saw W-Europe’s BEV market record new highs

Anyone familiar with a wood-burning stove has no doubt become accustomed to the slight panic of seeing the initial ferocity of the flames dwindle following the fire's combustion of both firelighter and kindling. Left with the conundrum of adding more fuel, or remaining confident that the slow-burning stove has amassed enough energy to reach that crucial infection point where the stove radiates with little more effort, is a similar position many European governments currently find themselves. Read More

In January 2023, 71,984 BEVs were registered in the EU

In January 2023, the European Union passenger car market grew by 11.3% to reach 760,041 units, indicating a strong start to the new year. However, it is important to note that the record low January volume in 2022 was due to an exceptionally low comparison base. During the first month of 2023, registrations of battery electric and hybrid passenger cars increased in the EU, accounting for 9.5% and 26.0% of the market, respectively. Nonetheless, gasoline remained the most commonly used fuel type for newly registered cars in the EU, with a market share of 37.9%. Read More