article thumbnail

Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars.

article thumbnail

UC Davis report finds LCFS compliance costs may rise rapidly; recommends offsetting measures

Green Car Congress

Additionally, neither mechanism would compromise the greenhouse gas reduction goals set by Assembly Bill 32. For example, provisions are made such that electricity providers for plug-in vehicles as well as hydrogen fuel providers for hydrogen vehicles may generate credits under the LCFS which can be sold to regulated parties.

Davis 261
article thumbnail

BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. Regional Market Variations.

article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

2050 net-zero strategy document , which explains how America will get to net-zero greenhouse gas emissions by 2050. Electric vehicles require new or re-tooled factories , each requiring thousands of employees. Toyota CEO Akio Toyoda has stated that moving to battery electric vehicles only would mean “risk losing the majority of 5.5

Market 95
article thumbnail

A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

Green Car Congress

In January, EnerDel hosted a group of journalists at its Indiana facilities and provided a plant tour showcasing its cell manufacturing and pack assembly processes. EnerDel’s plant is immaculate, we ate lunch on the shop floor, and the cell production steps occur in isolated clean rooms within the plant. Li-ion Battery Basics.

Li-ion 218
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. . The group pointed to a B.C.G. report titled, “The Comeback of the Electric Car?

Volt 42