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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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Mitsubishi wants to launch Australia’s cheapest electric car, but there’s a very expensive reason it might not

EV Central

2022 Mitsubishi eK X EV kei car for the Japan market Westcott was speaking as the auto industry waits for the federal government to reveal details of its new fuel standard intended to encourage the take-up of electric vehicles. I have a car that’s ready to go.” Neither are as yet ruled in or out for Australia.

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EV Price Wars and the Path to an Electric Vehicle Future

EV Match

With gas prices at a record high and new electric vehicle (EV) models being introduced all the time, it is safe to say our electric vehicle future is approaching more rapidly than ever. EV Price War. But what about those who want to electrify their ride and can’t quite afford to? But all of that is changing.

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Electric Car Watch #1: Electric Car Disruption will destroy ICE Car Market | ? ?

Plug In India

By Abhishek & Kamlesh Welcome to the new weekly series -- Electric Car Watch. We will talk about EV plans of major car brands, take a look at their EV vision, and go over their technology platforms. This week’s episode is mostly an introduction to this series and some of our thoughts on the global electric car scene.

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BYD sees bigger profits on some EVs sold in the EU than in China, even with tariffs

Baua Electric

After global markets became “flooded with cheaper electric cars” from China, EU Commission President Ursula von Der Leyen announced an investigation in October. An increasingly competitive Chinese market has led to aggressive price cuts. As a result, many electric cars sell for much more in the EU than in China.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Compared to the USA, where EVs make up only 2% of new car sales, this gives one a good idea of Norway’s strong leadership position in terms of EV market share. So how did this largely rural Scandinavian country become the global leader in EV adoption?

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Here’s how the new EU tariffs will impact Chinese EV makers like BYD and NIO

Baua Electric

Global markets are now flooded with cheaper electric cars,” EU Commission President Ursula von der Leyen said in her annual speech to the European Parliament. And their price is kept artificially low by huge state subsidies,” the EU Commission leader added. FTC: We use income earning auto affiliate links.

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