article thumbnail

Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52
article thumbnail

Here’s how many EV chargers the US has – and how many it needs

Electrek

Here’s how many the auto industry data analysts at S&P Global Mobility think the country will need to install by 2030. There are currently more than 160,000 EV chargers in the United States. The post Here’s how many EV chargers the US has – and how many it needs appeared first on Electrek.

article thumbnail

How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry.

article thumbnail

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

So how did this largely rural Scandinavian country become the global leader in EV adoption? This approach of virtually redesigning the tax structure within the auto industry also stands out amongst other countries, which mainly rely on direct subsidies to incentivize EV purchases over internal combustion engine cars.

Global 83
article thumbnail

Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Installing traditional fixed fast-charging stations is usually a cost- and labor intensive process that requires electrical upgrades to support the connection between charging stations and the main electrical grid. Volvo Cars’ future is electric, as reflected by our industry-leading commitment to electrify our entire product range.

Volvo 230
article thumbnail

BYD launches lower-priced version of its Tesla Model 3 rival electric sedan, starting at $25K

Baua Electric

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). BYD is also offering significant incentives like 0% interest for three years, free charging (including installation), data (5GB/mo), and cloud service for two years. It’s efficiently done.”

BYD 52
article thumbnail

SEAT reduces waste by 34% since 2010, expects to achieve 60% reduction by 2025

Green Car Congress

One of SEAT’s landmark environmental initiatives is the SEAT al Sol solar power park on the roofs of the Martorell factory, the largest facility of its kind in Europe and one of the largest in the global auto industry. In 2018 SEAT invested €16 million euros in environmental initiatives in production related areas.

Waste 199