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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

BYD Yangwang U7 (Source: Yangwang) The brand revealed its premium Yangwang U7 electric sports sedan last month with over 1,000 hp and a starting price tag of over $140,000 (1 million RMB). It’s about transitioning the auto industry for a sustainable future.

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How Self-Driving Cars Will Accelerate Electric Vehicle Adoption

Green Car Congress

In the future, autonomous vehicles and battery-powered technology could work together to create cleaner, more efficient roads. In fact, from 2014 to 2016, battery prices fell by 50 percent, allowing EVs to gain some traction. Policymakers need to establish regulation and demand cleaner vehicles. Electric Vehicles: Right Now.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. We see a momentous inflection point for the global auto industry in the second half of the 2020s.

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Say it ain’t so: BMW, Volkswagen, and Renault take aim at Europe’s ICE ban

Baua Electric

As for the automakers, just last month, ACEA, Europe’s automakers association, headed by de Meo, said that it is not pushing back and is all in with the EV future , with de Meo adding that the auto industry wants no part in arguing “against the regulation.” “We We are not contesting 2035,” said de Meo. Now we must get down to it.”

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Ford, Volkswagen, and GM Explore EV-Powered Houses

Cars That Think

No less an auto industry titan as Ford has also made bidirectional charging a selling point of their F-150 Lightning electric truck, reportedly slated to roll off the lines this year. The Ukraine war is playing havoc with energy pricing and market stability. Cleaner power—and energy sourcing—is a more pressing concern.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

One of the key factors contributing to this growth is the decreasing cost of lithium-ion batteries, which are a critical component of electric autos. The declining battery prices have made electric vehicles more affordable and attractive to consumers, leading to increased demand.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

We expected it would come from higher prices or a supply disruption—we’ve all been surprised.) Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. We just had to do it.

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