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BloombergNEF shares its 2024 Electric Vehicle Outlook

Teslarati

The auto industry continues to shift toward electric vehicles (EVs), and while sales growth has slowed somewhat this year at many companies and in many markets, recent guidance shows that it may only be in the near-term. “Electric vehicles are no longer only a wealthy country phenomenon. .

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Reports of an electric vehicle sales slowdown may be exaggerated

Teslarati

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem. In 2020, this figure was at 1%.

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Mercedes-Benz Cars starts production of PHEV batteries in Bangkok; 3rd plant in global battery production network

Green Car Congress

Mercedes-Benz Cars has opened a factory for plug-in hybrid (PHEV) batteries in the Bangkok region in Thailand. The new battery factory was built on a 50,000 m² site located at the vehicle manufacturing plant in the Bangkok region. The new plant is the third production facility in the company’s global battery production network.

Mercedes 221
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants.

Mercedes 259
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Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 Honda has been offering the Honda e: Business Bike series models and accelerating the global launch of business-use electric motorcycles.

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The Global Outlook of Electric Vehicles

Blink Charging

Perhaps nothing illustrates the rise of electric vehicles over the past decade more than this statistic: In 2012, the total number of electric vehicles (EVs) sold in the entire world was 120,000. Needless to say, EV sales are increasing globally. Who is leading the way with electric vehicle adoption?

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Hyundai takes aim at BYD with new EV and battery plant in this surging overseas market

Baua Electric

Hyundai is upping the ante on China’s leading EV maker with plans to dish out $28 million (1 billion baht) on a new EV assembly and battery plant in Thailand. Hyundai to fend off BYD with EV plant in Thailand With EV sales surging in Thailand, Hyundai wants in on the action.

BYD 52