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China and Norway Lead the World’s EV Switchover

Cars That Think

Globally, according to research by the Rocky Mountain Institute , EVs will comprise two-thirds of the world’s car sales by 2030. According to the WRI’s analysis, above, Iceland, Sweden, the Netherlands, and China are the leading EV adopters after Norway. degrees C (2.7 degrees F).” Who’s aiming to achieve what by decade’s end?

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

Global clean energy investment was $67.8 There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. Netherlands at $1.1 But the market looks increasingly crowded and consolidation is likely.

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ICCT study details differences in fiscal policies to support uptake of EVs across 11 major markets

Green Car Congress

While the global sales of EVs have about doubled in each of the past two years—from about 45,000 units in 2011 to more than 200,000 in 2013—consumer uptake has been generally limited to less than 1% in nearly every major auto market, with the notable exceptions of Norway, the Netherlands and California. Source: ICCT.

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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

Green Car Congress

In terms of international electric car market share, Germany with 0.6% (as of 1Q 2015) is far behind Norway (33.1%) and the Netherlands (5.7%). Klaus Stricker, Head of Global Automotive Practice Group at Bain & Company. The more than 50% decrease in Li-ion costs in the coming years will fuel structural change, Bain said.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

The Tenth Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar today. Over 50 Global CEOs including senior officials from the semiconductor, aerospace, and defence sectors, have confirmed their participation in the summit. The event is scheduled to be held from January 10 to 12, 2024 and the theme is Gateway to the Future.

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BaaS: Improving the EV Experience through Battery Swapping

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Electric vehicles (EVs) have lower operating costs than conventional automobiles, but their initial cost is greater than their ICE cousins.    As we have mentioned in previous articles, the cost of EV batteries is linked to the higher price of EVs. The Global Scenario. Bringing Down Upfront Cost.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The 1979 Iranian crisis and related oil price shock accelerated Brazil’s conversion of its gasoline supply and automobile fleet. Automobile manufacturers were given tax breaks to produce cars that ran on hydrous ethanol, and, by 1980, every automobile company in Brazil was following this lead.