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Balqon Receives Initial $490,000 Purchase Order for Heavy-Duty Electric Drive Systems From New China-Based Distributor

Green Car Congress

Balqon Corporation, a developer and manufacturer of zero emissions, heavy-duty electric vehicles and drive systems ( earlier post ), has received a $490,000 order for electric drive systems under a new dealer agreement with DynaProTech, a leading composite automotive parts manufacturer in the People’s Republic of China.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Electric car sales in 2023 were 3.5 Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% five years earlier, in 2018. These trends indicate that growth remains robust as electric car markets mature. million higher than in 2022, a 35% year-on-year increase.