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CRU: Chinese EV sales hit hard by COVID-19 outbreak, but only for short-term

Green Car Congress

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.

Chinese 221
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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. However, the study reveals there has been an increase in interest in the US and Chinese markets. Source: Ipsos. —John Kiser.

Global 429
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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52
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AlixPartners finds limited consumer willingness to pay for autonomous vehicles but enthusiasm for robo-taxis

Green Car Congress

While AVs represent a whole new platform for mobility, companies venturing into this space—new-entrants as well as the traditional auto industry—should be taking a clear-eyed look at their pathway to a viable business model, including perhaps partnering with others to reduce risk on their autonomous-vehicle programs. male and 49.5%

Taxi 291
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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Every new Volvo car launched from 2019 will be electrified, and by 2025 the company aims for fully electric cars to make up 50% of its overall global sales. Volvo Cars’ future is electric, as reflected by our industry-leading commitment to electrify our entire product range.

Volvo 230
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Tesla jumps 35 spots up Fortune’s 500 list following blockbuster 2021 results

Teslarati

billion, and Tesla, of course, represents a revolution in the auto industry. billion in revenue, up 70% from 2020, and expanding significantly into key European and Chinese markets. 144 in 2019. . “Tesla made a huge jump again this year, 35 spots from number 100 up to number 65. 383 on the list. .”

Tesla 129
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Electric vehicles trends in India

Electric Vehicles India

It was the seventh-largest manufacturer of commercial vehicles in 2019.The The global electric vehicle market size was USD 246.70 The global electric vehicle market was valued at $162.34 billion in 2019, and is projected to reach $802.81 million (INR 200 crore) for its second manufacturing plant in May 2019.

India 88