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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

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According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 This market valuation refers to the total industry-wide global revenues derived from all commercials EVs sold yearly. billion in 2020 to more than US$682 billion by 2030.

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ARPA-E launches $45M funding for advanced batteries for electric vehicles; EVs4ALL

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The US Department of Energy (DOE) announced up to $45 million in funding ( DE-FOA-0002760 ) to support the domestic development of advanced batteries for electric vehicles. This will decrease the amount of time drivers spend at charging stations to as low as five minutes, while ensuring increased costs savings during each charge.

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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

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With the increasing popularity and adoption of electric vehicles (EVs), many prospective buyers are curious about the overall costs associated with owning an EV. It is a significant consideration for both personal and commercial vehicle owners, as it affects the resale value and trade-in potential.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

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Long-range all-electric trucks like the Tesla Semi will not come cheap. Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. The post Tesla Semi will be incredibly affordable with US’ revamped EV tax credit appeared first on TESLARATI.

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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

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Total Number of Hydrogen-powered Vehicles in Service in 2027: 1 Million. The study identified hydrogen vehicles as an increasingly viable alternative to BEVs (Battery-Electric Vehicles). The potential for enhanced range and rapid refueling compares favorably with BEVs, reducing customer anxieties around BEV ownership.

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Lightning Systems introduces range of AC and DC fast charge charging stations for fleet electric vehicles

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Lightning Systems’ lineup of new chargers includes both AC and DC fast charge options, ranging from affordable 7.2kW AC chargers to high-end 100kW DC fast chargers, which deliver much shorter charging times for high-battery-capacity commercial EVs. Certain electric utility companies have also subsidy programs.

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Hyundai Motor accelerates hydrogen technology development through 3 strategic investments

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The collaborations will enable Hyundai to expand its hydrogen infrastructure and enhance the efficiency of its fuel cell electric vehicle (FCEV) manufacturing. Our investment in these innovative companies will reduce the production cost of FCEVs and enhance the safety and affordability of hydrogen infrastructure.

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