Magna To Jointly Engineer And Build Premium Electric Vehicles For Customers In China
China is currently the world’s leading market for electric mobility. By 2020, the number of all-electric cars on China’s roads is forecasted to reach around 5 million.
More Than 70M Battery-Electric Vehicles Will Be Sold Globally In 2032: Information Trends
The Information Trends market research report says China will dominate the market with more than half of global sales.
Why Electric Vehicles Need Water Pumps Too
If you spend enough time on some of today’s automotive forums, eventually you will stumble upon a comment from a consumer who believes electric vehicles (EVs) don’t have any moving parts. Obviously, this isn’t true. EVs have plenty of moving parts, including water pumps.
Light-Duty Plug-In Electric Vehicles Are Expected To Make Up Half Of The Global Electric Vehicle Market By 2024, According To Navigant Research
As of 2015, light-duty PEVs accounted for about 19 percent of the global light-duty EV market. Both the overall market and the PEV market share are expected to grow significantly.
Lithium Ion Batteries For Electric Vehicles Will Surpass $26 Billion In Annual Revenue by 2023, Forecasts Navigant Research
Nearly all-new EV models will use lithium ion technology, report concludes.
Smith Electric Vehicles To Form Joint Venture In Taiwan
Company establishes Smith manufacturing assembly, distribution and service hub in Taiwan with Taikang Technology Corp. An estimated 5,000 vehicles are already committed for production in the first three years.
Geely And Detroit Electric Enter Strategic Partnership To Co-Develop Pure Electric Vehicles For Chinese Market
The “Detroit Electric Technology” badge will be displayed on all Chinese-brand Geely vehicles that will be powered by a pure electric powertrain co-developed by the two companies.
Tax Incentives for Electric Vehicles to Cost $7.5 Billion Through 2019
Tax credits for the purchase of plug-in hybrid and electric vehicles will have a total budgetary cost of about $7.5 billion through 2019, according to a report released by the Congressional Budget Office on Sept. 20.
Nearly One in Four Plug-In Electric Vehicles Sold in the United States from 2012 to 2020 Will be Sold in California, Forecasts Pike Research
According to the new report from Pike, the state with the highest PEV sales over the remainder of this decade will be California, followed by New York, Florida, Texas and Washington.
Electric Vehicles International to Outfit UPS Delivery Fleet with UQM Technologies’ Electric Propulsion Systems
The all-electric UPS delivery vans will be powered by UQM PowerPhase HD Select 200 systems.