Tag #Electric Vehicles

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forbes.com

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Jan 9, 13:10

European EV Sales to Rebound in 2024, but 2030 Targets Remain Ambitious

European electric vehicle sales, after a slight decline in 2023, are expected to increase to 2.7 million units in 2024, driven by new models, lower prices, and stricter EU CO2 targets; however, achieving the EU's 80% market share goal by 2030 faces challenges due to high prices and a lack of afforda...

European EV Sales to Rebound in 2024, but 2030 Targets Remain Ambitious

European electric vehicle sales, after a slight decline in 2023, are expected to increase to 2.7 million units in 2024, driven by new models, lower prices, and stricter EU CO2 targets; however, achieving the EU's 80% market share goal by 2030 faces challenges due to high prices and a lack of afforda...

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What are the major challenges hindering the achievement of the EU's ambitious 80% EV market share target by 2030?

While various forecasts predict substantial EV market share growth in Europe by 2030, ranging from 35% to 61.6%, achieving the EU's 80% target appears unlikely due to high prices and a lack of mass-market EV models. The current market is dominated by premium EVs, leaving a gap in the affordable segment that needs to be addressed for widespread adoption. This is supported by expert opinions from the Center of Automotive Management and Inovev, who predict lower market shares.

it.euronews.com

🌐 85% Global Worthiness

Jan 9, 19:11

Trump's Policies Cast Uncertainty on Electric Vehicle Market Growth

S&P Global Mobility projects 15.1 million global electric vehicle sales in 2025, a 30% increase, but a potential Trump presidency could significantly alter this projection due to changes in US tax incentives and the threat of import tariffs.

Trump's Policies Cast Uncertainty on Electric Vehicle Market Growth

S&P Global Mobility projects 15.1 million global electric vehicle sales in 2025, a 30% increase, but a potential Trump presidency could significantly alter this projection due to changes in US tax incentives and the threat of import tariffs.

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Affordable and Clean Energy

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What is the primary impact of potential changes in US tax incentives and import tariffs on the global electric vehicle market in 2025?

Global electric vehicle (EV) sales are projected to reach 15.1 million in 2025, a 30% increase, representing 16.7% of the light vehicle market share. However, Tesla, BYD, and other manufacturers face uncertainties due to potential changes in US tax incentives and import tariffs under a Trump presidency.

welt.de

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Jan 9, 10:08

German EV Market Shrinks 27% After Subsidy Cuts

Germany's 2024 electric vehicle registrations fell 27 percent to 381,000, mainly due to the end of government subsidies; Tesla's sales plummeted, while BMW and Skoda increased theirs.

German EV Market Shrinks 27% After Subsidy Cuts

Germany's 2024 electric vehicle registrations fell 27 percent to 381,000, mainly due to the end of government subsidies; Tesla's sales plummeted, while BMW and Skoda increased theirs.

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What were the most significant impacts of the German government's removal of electric vehicle purchase subsidies in 2024?

In 2024, Germany's electric vehicle market shrank by 27 percent, totaling 381,000 new registrations. This decline is largely attributed to the end of government subsidies. Tesla and Opel experienced the most significant losses, while BMW and Skoda defied the trend, increasing their registrations.

faz.net

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Jan 9, 22:10

EU Emission Pool: Stellantis Joins, Volkswagen Debates, Industry Faces Billions in Penalties

Several European automakers, including Mercedes-Benz and unexpectedly Stellantis, joined an emissions pool to meet stricter EU emission standards, while others like Volkswagen are debating participation; analysts estimate a €300 million compensation for Volvo Cars, but the EU remains firm on its cli...

EU Emission Pool: Stellantis Joins, Volkswagen Debates, Industry Faces Billions in Penalties

Several European automakers, including Mercedes-Benz and unexpectedly Stellantis, joined an emissions pool to meet stricter EU emission standards, while others like Volkswagen are debating participation; analysts estimate a €300 million compensation for Volvo Cars, but the EU remains firm on its cli...

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What are the immediate consequences of Stellantis joining the emissions pool, and how does this impact the broader automotive landscape?

Mercedes-Benz joined an emissions pool, a move anticipated due to their previous statements. Stellantis's surprise entry contrasts with their CEO's prior assertions of independent compliance. Analysts predict Volvo Cars could receive a €300 million compensation from this pool.

t24.com.tr

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Jan 8, 13:08

Turkey's 2024 Auto Sales Hit Record High, Driven by Electric Vehicle Boom

Turkey's 2024 new car and light commercial vehicle sales hit a record 1,238,509 units, with electric vehicle sales surging 51.7% to 99,489 units, driven by Togg's market leadership and a 30% market share, outpacing its closest competitor by 18,559 units.

Turkey's 2024 Auto Sales Hit Record High, Driven by Electric Vehicle Boom

Turkey's 2024 new car and light commercial vehicle sales hit a record 1,238,509 units, with electric vehicle sales surging 51.7% to 99,489 units, driven by Togg's market leadership and a 30% market share, outpacing its closest competitor by 18,559 units.

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How did Togg's performance contribute to the growth of the electric vehicle segment in Turkey?

Electric vehicles (EVs) now account for 29.5% of the Turkish automotive market, with fully electric, extended-range electric, and hybrid vehicles combining. Togg dominated the EV market, achieving a 30% market share and outselling its nearest competitor by nearly 19,000 units.

dw.com

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Jan 8, 16:09

Norway's 88% EV Market Share: Policy, Infrastructure, and the Path to Global Adoption

Norway's 2023 electric vehicle market share reached 88%, exceeding the global average of 18%, due to decades-long government support for domestic EV development, tax breaks, and accessible home charging infrastructure; however, recent incentive rollbacks and potential policy shifts in other countrie...

Norway's 88% EV Market Share: Policy, Infrastructure, and the Path to Global Adoption

Norway's 2023 electric vehicle market share reached 88%, exceeding the global average of 18%, due to decades-long government support for domestic EV development, tax breaks, and accessible home charging infrastructure; however, recent incentive rollbacks and potential policy shifts in other countrie...

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What factors contributed to Norway's remarkable 88% electric vehicle market share in 2023, and what are the immediate implications of this success?

In 2023, Norway achieved an 88% electric vehicle (EV) market share, significantly exceeding the global average of 18%. This success is attributed to a combination of factors including strong government policies, robust infrastructure, and a supportive public.

dw.com

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Jan 9, 16:11

Norway's 90% EV Market Share: A Model for Climate Action

Norway's electric vehicle market share reached nearly 90% in 2024 due to decades of government support, including tax breaks, charging infrastructure development, and preferential treatment for EVs, exceeding the global average of 18% in 2023.

Norway's 90% EV Market Share: A Model for Climate Action

Norway's electric vehicle market share reached nearly 90% in 2024 due to decades of government support, including tax breaks, charging infrastructure development, and preferential treatment for EVs, exceeding the global average of 18% in 2023.

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What factors contributed to Norway's remarkable success in transitioning to electric vehicles, achieving nearly 90% market share in 2024?

In 2024, Norway saw electric vehicles comprise almost 90% of new car sales, drastically exceeding the global average of 18% in 2023. This success is attributed to decades-long government support, including tax incentives and infrastructure development, significantly boosting public acceptance.

zeit.de

🌐 75% Global Worthiness

Jan 9, 07:05

German EV Market Shrinks 27% in 2024

Germany's 2024 electric vehicle market contracted by 27 percent to approximately 381,000 new registrations due to the end of government subsidies; Tesla and Opel experienced the largest losses, while BMW, Mercedes, and VW gained market share.

German EV Market Shrinks 27% in 2024

Germany's 2024 electric vehicle market contracted by 27 percent to approximately 381,000 new registrations due to the end of government subsidies; Tesla and Opel experienced the largest losses, while BMW, Mercedes, and VW gained market share.

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Industry, Innovation, and Infrastructure

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What were the primary causes for the significant decline in Germany's electric vehicle market in 2024, and what specific brands were most affected?

In 2024, Germany's electric vehicle market shrank by 27 percent, with Tesla and Opel experiencing significant declines in sales. This decrease is largely attributed to the elimination of government subsidies. Conversely, Volkswagen, BMW, and Mercedes increased their market shares.

kathimerini.gr

🌐 75% Global Worthiness

Jan 9, 13:10

Rolls-Royce Invests \"£300 Million\" in Factory Expansion to Meet Bespoke Luxury Car Demand

Rolls-Royce is investing \"£300 million\" to expand its Goodwood factory to meet the growing demand for highly customized luxury cars, despite a slight decrease in unit sales in 2024 compared to 2023; this expansion will allow the company to produce more complex, bespoke vehicles for its wealthy cli...

Rolls-Royce Invests \"£300 Million\" in Factory Expansion to Meet Bespoke Luxury Car Demand

Rolls-Royce is investing \"£300 million\" to expand its Goodwood factory to meet the growing demand for highly customized luxury cars, despite a slight decrease in unit sales in 2024 compared to 2023; this expansion will allow the company to produce more complex, bespoke vehicles for its wealthy cli...

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Decent Work and Economic Growth

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What is the primary driver for Rolls-Royce's \"£300 million\" investment in expanding its Goodwood facility, and what are the immediate consequences of this decision?

Rolls-Royce is investing at least \"£300 million\" to expand its Goodwood factory and headquarters to meet growing demand for bespoke luxury cars. This expansion will allow for the creation of highly customized versions of its popular models, catering to wealthy clients. Despite a slight dip in unit sales from 6,032 in 2023 to 5,712 in 2024, the overall sales value increased due to higher demand for personalized features.

elpais.com

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Jan 8, 10:08

Chile's Electric Vehicle Sales Surge 183% in 2024

Electric vehicle sales in Chile soared 183% in 2024, reaching 4,500 units—nearly half the national fleet—due to lower prices, increased consumer demand, and supportive government policies like the Energy Efficiency Law, although the 2035 zero-emission goal remains distant.

Chile's Electric Vehicle Sales Surge 183% in 2024

Electric vehicle sales in Chile soared 183% in 2024, reaching 4,500 units—nearly half the national fleet—due to lower prices, increased consumer demand, and supportive government policies like the Energy Efficiency Law, although the 2035 zero-emission goal remains distant.

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What were the key factors driving the significant increase in electric vehicle sales in Chile during 2024?

In 2024, electric vehicle sales in Chile surged 183% to 4,500 units, nearly half the country's total fleet. This, combined with plug-in hybrids and non-plug-in electrified vehicles, represented 6.2% of total car sales, double the 2023 figure.

euronews.com

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Jan 8, 16:09

Lithium-ion Batteries: Revolutionizing Transportation and Space Exploration

Lithium-ion batteries, utilizing lithium's high energy density, are revolutionizing transportation and space exploration, with electric vehicles comprising nearly 20% of car sales in 2023 and lithium-ion batteries powering satellites for extended durations like the 24-year-old Proba-1.

Lithium-ion Batteries: Revolutionizing Transportation and Space Exploration

Lithium-ion batteries, utilizing lithium's high energy density, are revolutionizing transportation and space exploration, with electric vehicles comprising nearly 20% of car sales in 2023 and lithium-ion batteries powering satellites for extended durations like the 24-year-old Proba-1.

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What are the specific advantages of lithium-ion batteries in space exploration compared to other battery technologies?

The high energy density of lithium-ion batteries allows for greater energy storage in smaller spaces, making them crucial for electric vehicles and space applications. Electric vehicles offer three times fewer lifecycle greenhouse gas emissions than petrol vehicles, impacting environmental sustainability. In space, these batteries provide reliable power for satellite operations, extending mission durations beyond initial design limits.

dailymail.co.uk

🌐 85% Global Worthiness

Jan 8, 16:09

UK Confirms 2030 Ban on New Petrol and Diesel Cars

The UK government confirms a 2030 ban on new petrol and diesel car sales, reversing a previous delay to 2035 and launching a consultation to address industry and consumer concerns, aiming for a 100% zero-emission vehicle market by 2035.

UK Confirms 2030 Ban on New Petrol and Diesel Cars

The UK government confirms a 2030 ban on new petrol and diesel car sales, reversing a previous delay to 2035 and launching a consultation to address industry and consumer concerns, aiming for a 100% zero-emission vehicle market by 2035.

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How have previous policy changes regarding the ban affected the automotive industry and consumer confidence?

The 2030 ban's reinstatement, after previous delays, reflects the UK's commitment to emission reduction targets. The government's consultation seeks industry and public input to ensure a smooth transition. Past policy inconsistencies hampered the automotive sector's planning, highlighting the need for stable long-term policy.

Showing 469 to 480 of 761 results