After the COVID-19 pandemic began in early 2020, the year 2021 was characterised by a consistent decrease in the total number of new automobiles registered in the EU across all markets. Read More
The Chinese market for zero-emission heavy-duty vehicles (ZE-HDV) has grown rapidly in the last decade, from nearly no sales to more than 200,000 vehicles in 2016. However, total sales decreased over the years due to the phaseout of incentives for electric trucks and buses. In the last five years, the market for ZE-HDV has been increasingly dominated by zero-emission buses, the majority of which are battery-powered, with their share rising to 80%. Read More
New economic difficulties and increased extreme weather cannot derail efforts by cities to improve their mobility networks at a time when they are still recuperating from the COVID-19 disruptions. To maintain resilience and stimulate economic vitality, they require effective and equitable mobility networks. Read More
Over the previous four years, about $300 billion in new lithium ion battery gigafactories have been announced, fueled by the industry's fast expansion in China, the world's largest producer. Read More
Live streaming a fast-paced major sporting event while the neighbours next door tune in via a conventional TV connection can often cause a confused picture when screams of jubilation – or groans of anguish – are heard moments before it becomes clear what is happening. Booming electric car deliveries in the final months of 2022, leading to an almost 30% plug-in mix in November, could be feeding a similar narrative with a bitter 2023 hangover groan possibly around the corner. A challenging and bumpy anomaly-lined road lies ahead across Europe's famously heterogeneous market. Regional CO2 legislation and thick order books should be enough to fill some of those holes, though. Read More
Indonesia is on track to become the largest lithium-ion battery and component manufacturing hub in Southeast Asia. This is thanks to its abundant raw material resources, including nickel and cobalt, and investments from global companies. Read More
Between January 2022 and November 2022, BYD surpassed LG Energy Solution to achieve third place in the ranking of installed battery capacity for all electric cars sold globally (BEV, PHEV, and HEV). During this period, 446.0 GWh, or 74.7% more energy than the previous year, was stored in the batteries of electric cars. Since the third quarter of 2020, the market has been continuously growing. Read More
As a major driver of decarbonisation, the electrification of road transport plays a key role In the IEA’s Net Zero Emissions by 2050 Scenario. To support this transition, the power sector will need to ensure a secure supply of electricity for EV charging and take advantage of EV flexibility through seamless integration with the power system. Read More
Battery production must increase for a sustainable energy transition. Predictions indicate that batteries will remain in high demand in 2023. Batteries can store renewable electricity and provide service during peak demand hours, making them crucial for increasing grid flexibility, particularly in markets with high renewable penetration. The International Energy Agency (IEA) predicts that installed battery capacity worldwide will increase tenfold to sixteenfold by 2030. ING predicts that 48GW of battery storage will be available in 2023 if this occurs. Read More
Electric vehicles (EVs) are becoming increasingly popular, and the technology and infrastructure that supports them is evolving rapidly. As of the second calendar quarter of 2022 (Q2 2022), the U.S. Department of Energy's Alternative Fueling Station Locator revealed that the number of electric vehicle supply equipment (EVSE) ports had grown by 4.6%, or 6,165 ports. Public EVSE ports increased by 5.1%, or 5,875 ports, bringing the total number of public ports in the Station Locator to 121,778. Read More
