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BNEF forecasts cumulative 26 GWh of second-life EV battery storage by 2025

Green Car Congress

In a new report for clients, Bloomberg New Energy Finance (BNEF) forecasts that there will be 29 GWh of used EV batteries coming out of cars in 2025. The auto industry is divided on the issue. While Tesla won’t be involved in second life, BMW, Nissan and Mercedes Benz have second-life stationary storage projects in place.

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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

It forecasts the global market to grow by 2% to 77.4 Electrek’s Take The caveat here, too, is that VDA is a lobbyist group for German automakers, powered by stalwarts BMW, Volkswagen, and Mercedes, which are in a tight position as they struggle to adapt to EVs and keep pace with China’s BYD and Tesla. million cars, compared to the 78.8

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June 2023 – Tesla Model Y was the best selling car in Sweden

Push EVs

The BMW i4 saw its highest volume yet (458 units), and climbed to 7th. Second place went to the Volkswagen ID.4, 4, and the Kia EV6 took third. There were no new faces in the top 20 (nor even any newcomers BEV models to the overall market), but June saw a few personal-best performances.

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Tesla Model Y strengthens its position in Sweden

Push EVs

Outlook Sweden’s auto industry organization, Mobility Sweden , has recently downgraded its overall auto sales forecast for 2023, from 290,000 down to 265,000 units. Obviously this will put a brake on consumer orders for new autos, potentially including BEVs.

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Tesla Model Y wins UK bestseller spot in March

Push EVs

BMW, however, slid from 3rd in Q4, to 6th in Q1. Outlook The UK economy continues in the doldrums, with forecasters split over whether it will show mild recession this year, or simply zero growth. The auto industry body, the SMMT, is forecasting the auto market to be one of the few prospective growth stories of the coming year.

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Toyota and BMW results offer rays of hope

Green Cars News

After US giant Ford recorded its first increase in sales for almost two years, BMW announced it had made a net profit of 121million euros in the first three months from April to June - well above industry forecasts. Tags: BMW Cars Green cars Latest news Toyota BMW sales Toyota sales Yamaha sales.

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EVs dominated the UK car market in December

Push EVs

4) took December’s second place in BEV market share, and BMW (led by the i4) took 3rd. BMW and Volkswagen brands took second and third spots. Since we reached the end of another year, the UK auto industry association, the SMMT , provided a top 10 chart of the bestselling BEV models for the year.

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