Wireless EV charging gets a boost from new federal bill
LOS ANGELES, 7 August 2023: Electreon, a pioneer in Wireless EV Charging roads, reveals a positive shift in the US, with both state and federal policymakers endorsing Wireless Electric Road….
Category: Global
Globally, electric vehicle sales reached 14.2 million in 2022. This represents a significant increase from 2021, when EV sales accounted for 9% of new car sales. The top 5 countries by EV sales were China, Europe, the United States, Norway, and South Korea. The global EV market size was USD 280 billion in 2022 and is expected to grow to USD 1 trillion by 2026.
EV Battery Recycling: A lucrative market with huge growth potential
NEW YORK, 7 August 2023: The electric vehicle battery recycling market is projected to expand by USD 1.86bn from 2022 to 2027, showcasing a notable CAGR of 38.68%, according to….
Virginia school districts can now get zero-emission school buses from GreenPower, Kingmor
SOUTH CHARLESTON, 6 August 2023: GreenPower Motor Company Inc, a well-known producer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles, has named Kingmor Supply Inc (Kingmor) as the….
The $15B electric boat market: Why now is the time to invest
LONDON, 5 August 2023: The electric vehicle (EV) landscape has presented both incredible rewards and considerable risks for investors. While established manufacturers like Tesla and prominent Chinese players thrive, the….
Ballard, Ford announce new partnership to bring fuel cell trucks to market
VANCOUVER, 4 August 2023: Ballard Power Systems (BLDP) has announced a significant partnership with Ford Trucks to collaborate on the development of a hydrogen fuel cell-powered vehicle prototype. The agreement….
USARE, ASM partner to reduce US reliance on China for rare earth metals
TAMPA, 4 August 2023: USA Rare Earth LLC (USARE), a leading magnet technology company, has announced a significant milestone with the signing of a multi-year supply agreement with Australian Strategic….
Zeta Energy advances lithium-sulfur battery testing for ARPA-E project
HOUSTON, 4 August 2023: Zeta Energy has initiated extreme temperature testing of its lithium-sulfur batteries as part of the ARPA-E EVs4ALL project. The company was awarded USD 4m in federal….
The Future of Electric Ships: Hybrid Cargo Vessels to Drive Growth
BOSTON, 3 August 2023: The electric ship market has witnessed significant growth, with over 1GWh of batteries deployed globally in 2022, reflecting a 72% industry expansion. However, challenges persist for….
Volkswagen Group’s “In China For China” strategy gains momentum with new partnerships
BEIJING, 3 August 2023: In an effort to solidify its position in the fast-growing e-mobility market in China, the Volkswagen Group is forging strategic partnerships with local automakers XPENG and….
Ozop Energy Solutions revolutionizes EV roadside assistance with new service
NEW YORK, 2 August 2023: Ozop Energy Solutions Inc (OZSC), a leading provider of vehicle service contracts (VSCs) for electric vehicles (EVs), has announced the launch of a new roadside….