In an evolving narrative within the electric vehicle (EV) sector, industry analysts project that China's BYD (Build Your Dreams) is on course to overtake Tesla in battery electric vehicle (BEV) sales by the end of 2024. This development underscores a significant shift in the global EV market, highlighting the increasing competition and diversity within the industry. Read More
The Pacific Region Infrastructure Facility (PRIF) has embarked on a groundbreaking journey to spearhead the development and implementation of electric vehicle (EV) standards across the Pacific Islands. This ambitious initiative aims to facilitate the transition towards a more sustainable and eco-friendly transportation system, addressing key areas such as road, marine, and aviation sectors. Read More
In a recent article by Bloomberg, an unexpected surge in the adoption of clean, electric trucks in China has emerged as a stark contradiction to the prevailing narrative of a slowdown in the electric vehicle (EV) market. This development is especially notable in the commercial vehicle sector, where efforts towards electrification have been in progress for years and are now showing significant results. Read More
The surge in demand for used lithium-ion batteries (ULIB) across Latin America and the Caribbean (LAC) reflects a region in transition towards sustainable energy solutions, notably in the realms of e-mobility and rural electrification. However, as ULIB volumes increase, the management of end-of-life (EoL) batteries presents a pressing challenge. The Inter-American Development Bank (IDB) has undertaken a comprehensive assessment to gauge the region's readiness in ULIB reuse, repurposing, and recycling. Here, we delve into the key findings and implications of this assessment. Read More
The United Kingdom's ambition to become a leader in electric vehicle (EV) adoption faces significant hurdles as a recent report from the House of Lords highlights a deteriorating ratio of cars to public charge points across the country from 2019 to 2022. Titled "EV Strategy: Rapid Recharge Needed", the comprehensive study underscores the growing challenge of providing adequate charging infrastructure to meet the rising demand for electric vehicles. Read More
In a new briefing published by the International Council on Clean Transportation (ICCT), the number of light-duty electric vehicle (EV) fires and their relation to the global EV market share has been meticulously charted, providing crucial insights into the safety landscape of the burgeoning EV sector. The briefing, drawing on data up to June 2023, indicates a discernible rise in EV fire incidents that corresponds with the rapid expansion of EV adoption worldwide. However, the frequency of these incidents remains relatively low, suggesting that while the concern is not unfounded, it is manageable with current and future safety measures. Read More
The automotive industry is on the cusp of a significant transformation, with electric vehicles (EVs) poised to dominate the market. This shift is not only a win for sustainability but also heralds a new era of manufacturing strategies, particularly in the realm of battery production. The heart of this transition lies in the standardisation of battery cells and the complex sourcing strategies that Original Equipment Manufacturers (OEMs) are beginning to navigate. Read More
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
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
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
