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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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Tesla Model 3 Performance export fleet spotted in Shanghai Southport Terminal

Teslarati

It was then no surprise that Giga Shanghai, which produces the Model 3 Performance for both the domestic Chinese market and foreign territories , seems to have become very busy producing the vehicle. At its current price, the new Model 3 Performance is closer to more affordable performance cars like the Honda Civic Type R.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. These front-wheel-drive vans have a 110-kwh battery pack good for up to 162 miles of range and, with their focus on last-mile delivery fleets and work-van upfits, will rival the Rivian EDV, Mercedes eSprinter, and Ford E-Transit. Ram introduces a lineup of electric vans.

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UK sells its millionth electric car, fleet market drives BEV demand | Autocar Professional

Baua Electric

The millionth battery electric vehicle (BEV) reached the road in the UK in January 2024, while the new car market grew 8.2% The first month of the year saw 142,876 new cars registered, an increase of 10,882 units on January 2023, making last month the strongest January for the UK market since the pandemic struck in 2020. to take 8.4%

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EDF-commissioned GNA study finds current and emerging electric heavy-duty trucks and charging systems capable of meeting most fleet needs

Green Car Congress

GNA modeled the impact of electrification on those fleets under a series of scenarios including managed charging and deployment of on-site solar and storage. However, despite those long-term savings, charging infrastructure investments required for Class 8 fleets are significant and can vary dramatically.

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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. Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market. 2023 Tesla Model Y – Courtesy of Tesla, Inc.

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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. The post Tesla Semi will be incredibly affordable with US’ revamped EV tax credit appeared first on TESLARATI.