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.
NEW YORK, 2 June 2023: iQSTEL Inc. announced an increase in its annual revenue forecast from USD 105m to USD 120m. This adjustment comes after the company achieved record-breaking sales in….
HOUSTON, 2 June 2023: Noodoe, a prominent electric vehicle (EV) charging solutions provider, unveiled its Electric Fleet Management Solution, designed specifically for the electric era. Fleets worldwide are embracing the….
CANADA, 2 June 2023: Summit Nanotech, a leader in sustainable lithium extraction technology, has announced the appointment of Dr Jeremy Patt as Chief Technology Officer (CTO) and Dr Katerina Kryst….
FLORIDA, 2 June 2023: Solid-state batteries are the subject of global R&D efforts due to increasing demand and their superior characteristics compared to conventional Li-ion batteries. These batteries are more….
USA, 2 June 2023: Jaguar is recalling over 6,000 I-Pace electric SUVs in the US due to the potential risk of high-voltage battery fires. Owners have been advised to park….
USA, 2 June 2023: Alstom has signed a contract with the Southeastern Pennsylvania Transportation Authority (SEPTA) to supply 130 electric streetcars worth over USD 718.2m (€ 667m). Electric streetcars The….
CHINA, 1 June 2023: CBAK Energy Technology, Inc. (NASDAQ: CBAT) has secured USD 3.52m (RMB25m) in funding from Shenzhen Hello Tech Energy Co. Ltd (“Hello Tech”) for its sodium-ion battery….
CALIFORNIA, 1 June 2023: Dayco, a top engine products and drive systems supplier to the automotive, industrial, and aftermarket industries, showcased its prowess at the Beijing International Motorcycle Exhibition. OEMs….
GERMANY, 1 June 2023: Vitesco Technologies and onsemi have announced a 10-year supply agreement valued at USD 1.9bn. The agreement focuses on silicon carbide (SiC) products, supporting Vitesco Technologies’ efforts….
LOS ANGELES, 1 June 2023: EVCS, an EV fast-charging network operator, received USD 1.9m from the California Energy Commission (CEC) Rural Electric Vehicle (REV) program. The funds will install 30….
