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BEV adoption reaches ‘tipping point’ in 31 countries: Bloomberg

Teslarati

Battery-electric vehicles (BEVs) have surpassed a tipping point of making up 5 percent of overall automotive sales in 31 countries, up from just 19 in 2022, according to data shared by Bloomberg last week. Once enough sales occur, you kind of have a virtuous cycle,” said Corey Cantor, an EV analyst at BloombergNEF.

Bulgaria 134
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Ultracap-maker Skeleton Technologies closes additional €29M, bringing D round to €70.4M

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In terms of commercialization, we have started with a relatively niche market of supercapacitors and are now moving to Superbatteries, covering the high efficiency, high power niche of the battery market. —Taavi Madiberk, CEO and co-founder of Skeleton Technologies.

Estonia 186
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Supercap company Skeleton closes €37.6M in Round D3; total D round funding at €108M

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Round D3 investments will be used to scale-up the supercapacitor production in Saxony, Germany to meet customer demand and to continue the development of new battery technologies based on curved graphene. Total D round funding is now at €108 million; round D3 brings total investments into Skeleton to more than €200 million.

Companies 150
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Neo Performance Materials to acquire exploration license for rare earth element project in Greenland

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Neo, through a special purpose entity (SPE), plans to explore and develop the Sarfartoq Project to diversify its global sourcing of rare earth ore further and to expand the rare earth supply chains that feed Neo’s rare earth separation facility in Estonia.

Estonia 195
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2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

In 2023, Europe’s auto market achieved its best sales since the pandemic, spurred partly by strong demand for EVs. Battery EVs set a new record, selling over two million units and taking 15.7% However, market share also grew in emerging EV markets including Slovenia (which saw an increase from 5% in 2022 to 9% in 2023), Estonia (3.4%

Europe 52
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EEA: Fuel efficiency improvements of new cars in Europe slowed in 2016

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For the second successive year, the share of diesel vehicle sales declined and in 2016 fell below 50% of new sales—the lowest share of new sales since 2009 according to the official statistics. of new sales, followed by gasoline vehicles (47%), and alternatively fueled vehicles (3.3%, including electric vehicles).

2016 170
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ACEA: data show EU market for electric cars highly fragmented; need for inclusive measures

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Five EU member states don’t offer any incentives at all: Croatia, Estonia, Lithuania, Malta and Poland. Lowest ECV market share in EU in 2016. ECV Units sold. GDP per capita. The figures also show that customer incentives for purchasing ECVs, and especially their monetary value, differ greatly across Europe.

Greece 150