A new study by the International Council on Clean Transportation (ICCT) has highlighted the significant economic benefits of the electric vehicle (EV) transition in the United States, forecasting the creation of approximately 160,000 jobs by 2032. This boost in employment is primarily driven by the anticipated expansion of the EV charging infrastructure, necessitated by the Biden administration's aggressive push towards electrification of the transport sector. Read More
The U.S. is making significant strides in boosting battery production capacity, specifically targeting medium- and heavy-duty (MHD) commercial vehicles, a key segment in the nation's transition towards a greener economy. This comes as a response to the growing demand for zero-emission trucks (ZETs) and the need for more robust and dedicated infrastructure to support this emerging market. Read More
The landscape of electric vehicle (EV) charging infrastructure is witnessing a significant transformation globally, with China, Europe, and the United States leading the charge in expanding their networks. As of mid-2023, these regions have demonstrated remarkable growth in their public charging infrastructure, indicating a strong commitment to supporting the electric vehicle revolution. Read More
The latest study from the International Council on Clean Transportation (ICCT) provides an insightful exploration into India's burgeoning electric vehicle (EV) charging infrastructure, with a special focus on the state of Haryana. This comprehensive analysis, titled "India’s Public EV Charging Infrastructure Readiness – A Case Study of Haryana State", delves into the preparedness of Haryana in supporting the national goal of carbon neutrality by 2070. Read More
The global battery industry experienced a year of transformative growth and recalibration in 2023, as detailed in the latest annual report by Volta. This growth was characterised by a significant surge in electric vehicle (EV) sales, substantial price reductions, and strategic advancements in technology and manufacturing. Read More
In the rapidly evolving world of automotive technology, the rise of electric vehicles (EVs) is a significant trend reshaping the global market. The latest edition of the "European Vehicle Market Statistics Pocketbook 2023/24," published by the International Council on Clean Transportation (ICCT), provides a comprehensive analysis of this shift, highlighting the flow of electric vehicle production and sales across the globe. Read More
The European Union's electric vehicle (EV) market saw a remarkable year in 2023, with battery-electric cars establishing a significant presence despite a downturn in December. The EU car market experienced a 3.3% decline in December 2023, recording 867,052 units in sales. This drop is seen as a result of the high baseline in December 2022, ending a 16-month streak of consecutive growth. Notably, France and Spain showed impressive increases, while the German market faced a sharp 23% decline. Read More
As the global automotive industry rapidly transitions towards electric vehicles (EVs), a recent survey by KPMG has revealed intriguing predictions about the future market leaders in this burgeoning sector. The survey, involving over a thousand executives across the automotive landscape, sheds light on the expected dominance of certain companies in the EV market by 2030. Read More
In an extraordinary tale of business resilience and market dominance, Tesla has seen its stock surge by more than 800% in the last five years, marking a dramatic turn from a company once teetering on the brink of bankruptcy to a leader in the electric vehicle (EV) industry. Read More
Electric Vehicles (EVs) have charged up the sales charts, accounting for 18% of global vehicle purchases in 2023. As the industry evolves with an influx of affordable and high-performance options, consumer interest in electric mobility has reached new heights. Read More
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