article thumbnail

ABB-sponsored report suggests global plans for 80 new EV battery gigafactories insufficient

Green Car Congress

A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.

Global 448
article thumbnail

Navigant forecasts annual plug-in electric vehicle sales in N America to exceed 1.1M by 2024

Green Car Congress

In a new report, Navigant Research forecasts that North American plug-in electric vehicle (PEV) sales will exceed 1.1 The report, Electric Vehicle Geographic Forecasts , provides data and forecasts for LD PEV sales in North America, including US states, MSAs, and utility service territories and Canadian provinces and cities.

Plug-in 150
article thumbnail

Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. In the short term, price will be the most significant limitation to the uptake of both plug-in hybrid vehicles like the GM Volt and fully electric vehicles such as the Nissan Leaf, BNEF said.

Financing 283
article thumbnail

BYD releases delivery reports for March 2024

Teslarati

In March, the Chinese automaker sold 139,902 fully electric cars and 161,729 plug-in hybrids. For Q1 2024, Bad delivered 300,114 all-electric vehicles and 324,284 plug-in hybrid cars. As its first-quarter numbers suggest, BYD’s plug-in hybrid vehicles sell slightly more than its all-electric vehicle lineup.

BYD 94
article thumbnail

Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

Which automaker priced its hardware set allowing its EVs to back up the home? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. And Disneyland has now confirmed that its Autopia ride will go fully electric in 2026.

Toyota 52
article thumbnail

Roskill: automotive batteries and stainless steel to drive nickel demand

Green Car Congress

In its new ten-year market outlook to 2027, Roskill, a leading provider of international metals and minerals research, forecasts primary nickel consumption to rise by just under 4% per year between 2017 and 2027, driven by increased consumption by stainless steel producers and by growth in demand in the automotive battery sector.

Indonesia 170
article thumbnail

BYD Q1 EV sales top 300,000, but is it enough to maintain a lead over Tesla ?

Baua Electric

In the first three months of the year, BYD sold 300,114 fully electric vehicles, up 13.4% BYD’s electric vehicle production also rose 9%, with 291,730 EVs built in Q1. Most recently, Wedbush lowered its forecasts to 425,000, down from 475,000. over Q1 2023. Yet, they are still consistently higher than the 300K BYD sold.

BYD 52