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Browsing: electric vehicles
Bank of America Analyst: Detroit Automakers Should Focus on Trucks, Not China, to Fund EV Transition
A Bank of America analyst suggests that the Detroit Three automakers should prioritize their profitable truck business and reconsider their strategies in China to better fund electric vehicle development.
CO2 emissions from new cars and vans in the EU, Iceland, and Norway have decreased, thanks to stricter emission targets and the rising popularity of electric vehicles.
Electric vehicle sales are rising globally, but policy changes and market dynamics in the US could impact future adoption. Explore the current state of the EV market.
Chinese electric vehicle makers like BYD and Xpeng are expanding rapidly in global markets, while high tariffs keep them out of the US, potentially isolating American drivers from affordable EVs.
The UK’s shift to electric vehicles faces a significant energy challenge. Upgrading the power grid and boosting renewable energy sources are crucial for a successful transition and avoiding grid overload.
Industry analysts predict a rise in U.S. new vehicle sales in 2025, fueled by electric vehicle growth and improved affordability. Concerns include potential policy changes and tariff threats.
BMW India plans to boost EV sales, targeting a 15% share by next year, supported by new products and a push for a green tax structure.
California’s ZEV sales hit a record high in Q1 2024, with over 102,000 vehicles sold. The state is investing billions in infrastructure and leading the clean energy transition.
Amazon unveils its custom electric delivery vehicle, built with Rivian, as part of its commitment to net-zero carbon emissions by 2040. Features include advanced safety technology and driver-focused design.
New data indicates the U.S. is on pace to reach 50% EV adoption by 2030, despite some sales slowdown reports, supported by government incentives and dropping battery costs.