Market Data Archives - Page 11 of 17 - The Buzz - Electric Vehicle News
Are inventory shortages changing EV interest?

Many Americans say their next vehicle may be an EV and auto manufacturers are ramping up production.

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Why independent auto shops should invest in EV services

Major manufacturers are committed to investing in EVs, and many are increasing their efforts in the coming years.

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Predicting the top EV trends for 2022

Juice Technology AG has released insights into the top trends influencing electric vehicle (EV) adoption in the U.S. market during 2022. The Biden Administration has set a target of 50% of EV sale shares in the U.S. by 2030. To meet this goal, Lars Thomsen, futurologist, Juice Technology outlines the key factors that need to

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Medium-, heavy-duty trucks will hit diesel cost parity by 2035

According to a new study by the U.S. Department of Energy, electric medium- and heavy-duty trucks will reach a cost parity with their diesel equivalents by 2035. The study says that with continued improvements in vehicle and fuel technologies (in line with U.S. Department of Energy targets and vetted with industry), zero-emission vehicles (ZEVs) can

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U.S. EV research spikes as gas prices rise

Let’s face it: Gas prices are a problem. But unlike the last time gas prices peaked, today there’s an intriguing option for avoiding the issue altogether: electric vehicles. And while most consumers have yet to actually pull the trigger on owning one of these vehicles, data shows that the thought of parking one in the

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‘Electric Truck Hydropower’ could swap dams for EVs

Mountain regions have a large potential for hydropower that cannot be harnessed effectively by conventional technologies. However, International Institute for Applied Systems Analysis (IISA) researcher Julian Hunt and an international team of researchers say they have developed a hydropower technology based on electric trucks that could provide a flexible and clean solution for electricity generation

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Europe’s grid can support 100 million+ EVs, study says

Europe’s electricity grid will remain stable despite the exponential growth of the EV market and high electrification ambitions, reveals new EY-Eurelectric study. But timely planning of charging infrastructure and coordination between public authorities, electricity utilities, grid and charge point operators will be paramount to success, the study says. The advice of this study applies just

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Ford studies life-cycle emissions from light-duty EVs vs ICE vehicles

Electrification can reduce the greenhouse gas (GHG) emissions of light-duty vehicles, according to a recent study backed by Ford. Previous studies have focused on comparing battery electric vehicle (BEV) sedans to their conventional internal combustion engine vehicle (ICEV) or hybrid electric vehicle (HEV) counterparts. This study extends the analysis to different vehicle classes by conducting

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Adoption of EVs to boost battery management system sales

The global battery management system market is projected to reach $32.3 billion by 2032 and exhibit growth at a CAGR of 19.6% between 2022 and 2032, according to a new report by Fact.MR. Emergence of cloud-connected battery management systems owing to the rising convergence of industrial technology and operations is set to propel the growth

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Global EV sales up 109% in 2021, half in Mainland China

In new research on the global electric vehicle market, Canalys estimates that 6.5 million electric vehicles (EVs) were sold worldwide in 2021, up 109% over 2020. EVs include fully electric and plug-in hybrid passenger cars. The total global car market grew just 4% in 2021 as it continued to struggle with COVID-19 restrictions and chip

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Transporting EVs 101: From shipping to driving

Electric vehicle (EV) ownership is on the rise. In 2021, EV sales were up 83% globally compared to the year before. There are also several new policies to further foster EV adoption among both consumers and organizations, including specific incentives in 45 states and the District of Columbia for EV and plug-in hybrid electric vehicles

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Global EV sales continue to surge

Sales of EVs globally hit the 6.6 million mark in 2021, representing roughly 9% of global car sales in that year, according to data projections from BanklessTimes. Additionally, it’s double the 3 million EVs sold in 2020 and triple the 2.2 million units sold in 2019. BanklessTimes’ compilation shows that China is the largest EV market globally.

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