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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 Stability in Europe Europe is likely to witness a stable increase in EV sales, with projections of 3.4 million EV sales.

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Honda Speaks About Near Future, EV Plans

The Truth About Cars

Honda also says it's continuing to aim to reach a goal of a 7 percent return on sales by fiscal year 2026. Honda has plans for a mid- to large-size electric vehicle to debut for sale in North America in 2025, based on a dedicated platform. An EV based on the N-ONE will go on sale in Japan in 2025, with two small EVs following in 2026.

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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

last year put itself up for sale after a slump in the cobalt price left it struggling to finish key projects in the Democratic Republic of Congo, and London-based Horizonte Minerals Plc scaled back work on its Brazilian nickel mine as it searches for funds to complete construction, and announced an emergency USD 20 million financing late last year.

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