BYD’s Share of China’s Auto Market Rises to 20%

Credit to Author: Zachary Shahan| Date: Fri, 13 Sep 2024 03:58:44 +0000

When I saw the latest new energy vehicle (NEV) insurance registrations in China, my first reaction was just wonderment at how much BYD dominates the market. But then I was like, “well, this is nothing new — BYD’s been dominating this market for a while.” So, I moved on from … [continued]

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EU Tariffs On China-Made Tesla EVs To Be Lowered Further — Rumor

Credit to Author: Zachary Shahan| Date: Fri, 13 Sep 2024 03:27:16 +0000

I thought a month ago that we had received the final figures for EU-imposed tariffs on electric vehicles made in China. Yes, those figures still needed to be approved by the European Union member states, but after a lengthy process and the tariffs being adjusted (mostly downward) after further review, … [continued]

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EVs Already Reduce Electricity Rates — & They Can Do Even More

Credit to Author: NRDC| Date: Fri, 13 Sep 2024 01:58:33 +0000

EVs reduce electricity rates for all utility customers, and recent legislation accelerates a cycle of more EVs, better climate, better health, and lower rates. In addition to their myriad health and direct economic benefits compared to polluting gasoline vehicles, electric vehicles (EVs) also help reduce electricity rates for all utility customers. They’ve already been … [continued]

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Oil Prices Slide, Partly Due to Weakened Demand in China

Credit to Author: Zachary Shahan| Date: Fri, 13 Sep 2024 00:29:50 +0000

I saw an interesting headline this week regarding an industry I don’t closely follow, the oil industry. Yes, we write daily about cutting oil use by driving electric vehicles. However, I don’t follow what’s happening in the oil industry or trends in the price of oil. But “Oil prices slide … [continued]

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Battery-Electric Terminal Trucks Deployed in Western Australia

Credit to Author: David Waterworth| Date: Thu, 12 Sep 2024 23:47:39 +0000

In an Australian first, Patrick Terminals has deployed nine battery-electric terminal trucks (BEV-TTs) at the Port of Fremantle, Western Australia. This is described as the initial phase of their electrification project. It appears that there is more to come! Patrick was supported in its decarbonisation project by AU$2.5 million in … [continued]

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General Motors Seeks Partnerships To Move Its Electric Car Plans Forward

Credit to Author: Steve Hanley| Date: Thu, 12 Sep 2024 23:20:14 +0000

General Motors this week announced a new agreement with Hyundai, a possible battery factory deal with CATL, and new EV chargers with EVgo.

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Is Tesla On Track for Sales Growth (or Sales Decline) in 2024?

Credit to Author: Zachary Shahan| Date: Thu, 12 Sep 2024 22:14:20 +0000

For years, Tesla sales grew at a clip of about 50% per year, on average. That was supposed to continue through the 2020s. However, we started noticing signs of Tesla consumer demand challenges about a year ago. Tesla started offering more and more incentives and price cuts in order to … [continued]

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Axopar’s Unique New Electric Boat Brand, AX/E, Is Powered By CleanTechnica Favorite Evoy

Credit to Author: Cynthia Shahan| Date: Thu, 12 Sep 2024 21:25:45 +0000

Always growing, Evoy, an innovating leader in high-output electric propulsion systems, has just announced a collaboration with Axopar, the world-renowned Finnish adventure boat manufacturer, to establish the AX/E sub-brand of fully electric adventure boats. The AX/E series made its debut at the Cannes Yachting Festival 2024, setting a new standard … [continued]

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BYD Closer to Becoming #1 Automaker in World Than I Thought

Credit to Author: Zachary Shahan| Date: Thu, 12 Sep 2024 18:40:18 +0000

Last week, I wrote generally about the idea that BYD’s strong upward trend, Toyota’s seeming lack of a serious EV plan (including continued daydreams about hydrogen), and Volkswagen’s struggles in China could lead to BYD becoming the #1 top selling automaker in the world. I didn’t dive deeply into recent … [continued]

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Australian EV Market Dips in August, New Zealand Steady

Credit to Author: David Waterworth| Date: Thu, 12 Sep 2024 13:41:09 +0000

Battery electric vehicles only achieved a 5.9% penetration of the new vehicle market in Australia in August. This is 5,892 out of 100,786 total light vehicles sold. It was 6,743 in July. Perhaps it’s time to admit that there is a slowdown and a pivot to PHEVs. Strangely, the more … [continued]

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