Market Data Archives - Page 12 of 17 - The Buzz - Electric Vehicle News
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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Electric truck market to hit $3.8B globally by 2030

According to a new report published by Allied Market Research, the global electric truck industry generated $392.3 million in 2020, and is anticipated to generate $3.8 billion by 2030, witnessing a CAGR of 26.4% from 2021 to 2030. Prime determinants of growth Increase in government initiatives for the promotion of e-mobility, stringent emission norms imposed

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Ukraine crisis hurts Germany’s ability to hit 15M EVs by 2030

Due to the Ukraine-Russia crisis, Germany may not be able to meet its target of 15 million EVs on the roads by 2030, says the data analysts at GlobalData. Increasing the number of EVs on the roads was an important element for how the country was to achieve this target. The crisis has led to

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Zutobi issues 2022 EV charging station state-by-state breakdown

The U.S. is a vast country, with each state playing by its own rules to a certain extent. With EVs relying heavily on a network of charging stations to operate effectively, there’s still a long way to go before the country is really ready for a large rollout of electric vehicles. Zutobi, an online driver’s

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Orange EV ranked No. 1 in deployment of ZETs by CALSTART

Together, over 60% of Zero-Emission Trucks (ZETs) that have been deployed in the U.S. are believed to be currently non-operational. However, of all operational ZETs, Orange EV had the most deployed vehicles in the United States with 162, according to a published inventory of Class 2b-8 zero-emission trucks (ZETs) from CALSTART, a non-profit consortium. To

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Recharge EV makes up 33% of Volvo Cars sold in February

Sales of Volvo Cars’ Recharge models made up for 33% of all Volvo cars sold globally during the month, the company reports. Sales of fully electric cars increased by 229.5% compared with the same month last year and made up 7.9% of total sales. Volvo Cars reports sales of 42,067 cars in February (EVs and

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ZETA says high gas prices show how EVs are affordable now

The Zero Emission Transportation Association’s (ZETA) recent analysis of electric vehicle costs across sixteen states shows that electric vehicles are saving and will continue to save consumers money on gas and maintenance costs, which are inherent to traditional gas-powered vehicles as prices at the pump stay high and unpredictable for customers into the new year.

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Cars.com: EV searches have nearly doubled since 2020

Work-from-anywhere culture, inventory shortages and expanding technology both in the car-buying process and the cars themselves — these are the forces defining the automotive landscape for 2022, according to Cars.com. Despite a double-digit increase in overall prices and a narrowing market value gap between new and used cars, consumers are using what leverage they have

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Nearly 7 of 10 consumers think next vehicle will have ICE powertrain

According to a recent global study by Deloitte, internal combustion engine powertrains dominate future U.S. intentions, with 69% of U.S. consumers looking to retain the technology for their next vehicle. Despite a growing interest in sustainability globally, more than half (53%) of U.S. consumers are unwilling to pay more than $500 for alternative engine solutions, Deloitte says. Deloitte’s report,

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Ford plans to double EV manufacturing capacity by 2023

In Ford‘s fourth-quarter and full-year operating results for 2021, the company says it has established itself as a “leader in must-have connected, electric vehicles.” “Financial performance is obviously critical,” said President and CEO Jim Farley. “We’re also proud that customers see how Ford is taking EVs mainstream, and have already ordered or reserved more than

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U.S. zero-emission truck inventory up 625% from 2019

CALSTART has published an inventory of Class 2b-8 zero-emission trucks (ZETs) in the U.S. in a report titled “Zeroing in on Zero-Emission Trucks.” The report provides insight on ZET market trends as the industry prepares for an injection of federal funding for charging infrastructure, multiple states implement clean truck regulations, and California prepares to release

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