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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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Uno Minda Group signs technical license agreement with China’s StarCharge Energy | Autocar Professional

Baua Electric

Gurugram-headquartered Tier-1 major Uno Minda Group has entered into a technical license agreement with China’s StarCharge Energy, which is a key player in electric vehicle (EV) charging infrastructure and micro-grid solutions.

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The Global Outlook of Electric Vehicles

Blink Charging

Needless to say, EV sales are increasing globally. Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from ​​ Ernst & Young Global Ltd.

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Extinguishing the EV Battery Fire Hype

Cars That Think

For instance, a deadly building fire in Hanoi, Vietnam, in September reportedly became the subject of unsubstantiated rumors. The number of electric cars is said to be higher than first thought,” noted the global shipping news outlet TradeWinds , “And could explain the North Sea casualty.” According to a June report from the U.S.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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The Paris Agreement looks to limit global warming to under 2 ˚C, with a more ambitious goal of 1.5 ˚C If the emissions gap is not closed by 2030, the report says, it is extremely unlikely that the goal of holding global warming to well below 2 ˚C can still be reached. C also on the table. C will already be well depleted by 2030.