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BorgWarner on track for ~$3.7B of electric vehicle revenue by 2025

Green Car Congress

billion of electric vehicle revenue by 2025. The company now expects its 2022 electric vehicle revenue to grow to approximately $850 million—more than double what it was in 2021. Target markets include depots for electric buses and trucks, with a focus on the North American market.

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DOE: US Light-duty electric vehicle miles traveled reached 13.7 billion miles in 2020

Green Car Congress

The number of electric vehicle miles traveled (eVMT) has been increasing each year since the introduction of the first mass market plug-in vehicles in late 2010. Between 2015 and 2020, the eVMT of all plug-in electric vehicles more than quadrupled. Total US Light-Duty Annual eMVT, 2012-2020. Source: DOE.

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ChargEVC: New Jersey plug-in electric vehicle registration up 79% for MY 2016 vehicles over 2015

Green Car Congress

Registration of model year 2016 plug-in electric vehicles (PEVs) in New Jersey was up 79% over 2015, according to a recent analysis by ChargEVC , a diverse coalition of organizations and companies that support growth of the electric vehicle market. Interest in these cars is growing.

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Market share of plug-in vehicles in China has more than quadrupled from 2015 to 2019

Green Car Congress

From 2015 to 2019, the market share of plug-in vehicles in China more than quadrupled, reaching 5.1% During that same period, Europe saw its plug-in vehicle sales share reach 3.0%. In the US, plug-in vehicle market share in the United States rose from 0.7% in 2019, according to figures presented by the US DOE.

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Bloomberg: Apple targets 2028 release date for its own electric vehicle

Electrek

Project Titan, the Apple electric car project, has been underway since 2015. Initially planning to make a fully autonomous vehicle without a steering wheel, those lofty ambitions have come crashing down to earth in recent years. But the project has faced numerous delays and repeated executive turnover.

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2015-2016 Kia Soul EV recalled for rollaway risk

Green Car Reports

The first fully electric vehicle sold by Kia is being recalled, and it has nothing to do with the battery or propulsion system. On 2015 and 2016 Kia Soul EV models, the parking mechanism can become damaged by moving the gear lever into Park before the vehicle has come to a complete stop.

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Why Electric Vehicles Have a Higher Upfront Cost

Electric Driver

Back in 2015, The Tesla Model S, the Nissan Leaf and the BMW i4 where some of the top selling electric vehicles. The average price on an electric vehicle back then was around $35,880.