S&P Global Mobility sees notable EV sales growth for 2025

S&P Global Mobility is estimating a 30% increase in global battery electric vehicle (BEV) sales for 2025.  Provided that the firm’s estimates prove accurate, this could result in 15.1 million battery electric passenger vehicles being sold in 2025. This would account for 16.7% of global light vehicle sales. Why It Matters: Despite challenges in consumer […]

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Rivian might have paid a huge price for its $6 billion DoE loan

Rivian Automotive may end up paying a huge price for its $6 billion loan from the U.S. Department of Energy.  As per recent reports, Rivian appears to have agreed to terms that lean heavily towards unionization to secure its high-profile DoE loan. Strings Attached: In September, President Joe Biden issued an order directing agencies to […]

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Study reveals less than 1% of EV owners wish to switch back to ICE

A recent study from the Global EV Drivers Alliance (GEVA) has determined that less than 1% of electric vehicle drivers wish to switch back to driving a gasoline or diesel-powered car.  GEVA’s study is quite extensive, as it involved 23,254 respondents across 18 countries. These include Austria, Brazil, Canada, Costa Rica, France, Germany, Hungary, India, […]

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Waymo One robotaxi services are coming to Miami

Waymo is expanding its Waymo One ride-hailing robotaxi service to Miami, Florida. The self-driving unit announced the update in a blog post on its official website. Miami presents an environment for Waymo to enhance its self-driving technology, particularly when it comes to handling challenging weather conditions. Details: Initial testing of Waymo vehicles on Miami streets […]

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EV battery replacement will soon cost less than fixing a gas engine: study

A new study claims that replacing an electric vehicle battery will soon cost less than fixing the engine of a gas car. This is one of the most notable arguments that supporters of combustion engines use to attempt to disprove the effectiveness of electric vehicles. Recurrent found that the cost of electric vehicle batteries and […]

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UK reconsiders EV sales targets, listening to automakers

The United Kingdom (UK) is reconsidering its electric vehicle (EV) sales targets after listening to automakers’ warnings. According to the British government, its Zero Emission Vehicle (ZEV) mandates will be under consultation. In January 2024, the UK government published its pathway for zero-emission vehicle transition by 2035. The ZEV mandate aims to make 80% of […]

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UK sees lowest rate of out-of-charge EV battery issues to date: report

Figures shared at the Transport + Energy Forum at Warwick University indicated that electric vehicle breakdowns due to low battery charge had hit their lowest-ever level in the U.K. As per a report from the AA, instances of electric cars breaking down due to insufficient battery charge now account for just 1.85% of EV-related breakdowns. […]

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Study reveals 43% of non-electric drivers considering EV for their next car

A survey from Accenture has indicated that more than half of drivers in several key automotive markets will likely go for an electric vehicle within the coming decade. A good portion of non-EV drivers today are also considering an electric car for their next purchase.  As noted by Accenture, its survey involves 6,000 car buyers […]

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