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

Green Car Congress

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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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. Honda is making progress on its all-solid-state battery technology which the company sees as the core element of future EVs.

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Solid-state sodium battery company LiNa Energy closes £3.5M funding round

Green Car Congress

Solid-state sodium battery company LiNa Energy ( earlier post ) has closed out a £3.5-million The company says that its design has the potential to exceed both lithium-ion and rest-of-market sodium-ion technologies on all performance measures, and at a cost of less than $50/kWh. million (US$4.8-million)

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

with other markets to follow. Honda Space-Hub Concept – 2024 CES Honda may be a late-starter with mass-production EVs, but as communicated last week with the Saloon and Space-Hub concepts and by company executives, it has big plans for later in the decade—including multiple platforms underpinning a unified Series 0 architecture.

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

Teslarati

That’s higher than the cost of a comparable diesel-powered Class 8 truck, so the Tesla Semi would have to be very compelling to convince drivers and fleet owners to make the switch to electric. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs.

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GM, Honda announce new partnership to build affordable electric vehicles

Teslarati

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM By working together, we’ll put people all over the world into EVs faster than either company could achieve on its own.”. The companies already have worked together with EVs and autonomy.

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U.S. EV sales grow by 65 percent despite overall auto market decline in 2022

Teslarati

Despite a slight decrease in market share from 70 percent in Q1 to 58.3 Over the past few years, many companies have come with competitive and more affordable options, but car buyers are still tending to stick with Tesla based on EV tech, charging infrastructure, and performance. percent in Q4, Tesla still dominates the U.S.

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