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Nissan Launches ‘The Arc’ Business Plan to Cut Cost of Next-gen EVs by 30%

Electric Cars Report

The plan is focused on a broad-based product offensive, increased electrification, new approaches to engineering and manufacturing, the adoption of new technologies, and the use of strategic partnerships to increase global unit sales and improve profitability.

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BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

Green Car Congress

BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date.

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Will it be a Hossan or Ninda? Honda dumps GM, plans new family of affordable electric cars with Nissan

EV Central

Nissan and Honda have co-signed a historic deal that will see the two major Japanese car-makers join forces to fast-track a new family of EVs that will be sold globally. A smaller less sophisticated version will also be used under the low-cost small hatchbacks like the Renault 5 and the cheaper Renault Twingo.

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Electric Car Watch #3: Tata Motors - Do they wan't to be a global EV player?

Plug In India

By Abhishek & Kamlesh Welcome to the new weekly series - Electric Car Watch, where we will talk about EV plans of major car brands, take a look at their EV vision, and go over their technology platforms. ​ Video: Tata Motors - Can they be a global EV player? Tata has sold 10,000 EV's in India so far. .”

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Is the electric vehicle wave beginning to crash? VW Group’s global EV order bank halves after super-strong start to the year

EV Central

percent of all VW sales globally. In Europe alone, sales of VW Group EVs were up to 61 percent to 341,100 units, while in the US sales of electric cars rocketed by 74 percent to 50,300 cars. The drop-off in orders appears to be a wider reflection in a fall in demand for EVs in most of Volkswagen’s global markets.

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How Does the Electric Car Tax Credit Work in 2023?

Setec Powerr

The global push towards sustainable energy and reducing carbon emissions has given rise to the popularity of electric vehicles (EVs). One such incentive is the electric car tax credit, designed to help offset the initial cost of EVs for buyers. Section 1: Overview of the Electric Car Tax Credit in 2023 1.1

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Global Electric Vehicle market size to swell by five-times to $823.74B by 2030: study

Teslarati

A new study suggests that the global electric vehicle market will multiply in valuation by five times by 2030, based on new data acquired by Allied Market Research. The new study says that the global EV sector will reach $823.74 ” According to IBISWorld.com , the global automotive industry will be worth $2.8