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The EV era is coming, and the IEA is projecting at least 145 million in global EV stock by 2030, as strong growth continues into 2021. While there are some significant opportunities in pure-play EV manufacturers, those exhibit a much riskier profile, especially SPAC entrants. EV d...
Global electric car sales for May 2021 were up 199% YoY reaching 6.6% share. Europe sales rose 158% YoY reaching 16% share, China sales rose 146% YoY reaching 12% share. EV market news - EVs a $7 trillion market opportunity to 2030. BNEF 2021 EV report forecasts 70% electric cars by 2...
With more than 3 million people, Puerto Rico constitutes 0.65% of the overall U.S. new car market. Sales were down 11% in 2020, compared to 14% for the U.S. overall. The dominant brand in Puerto Rico is Toyota, which was down 13% and lost 0.7% market share. The biggest market shar...
Tomwang112/iStock via Getty Images As governments across the globe advance greener transport legislation to meet climate targets, a question that continues to surface is how much cleaner are EVs than traditional automobiles. Estimates exploring the carbon gap have to cover thousands of parame...
jetcityimage/iStock Editorial via Getty Images The European Commission is discussing a zero-emissions target for cars sold beyond 2035, according to a report from Politico, which cited officials in Brussels. "That would not only mean the end of the internal combustion engine, but also the end...
Globally, EVs accounted for less than 5% of total car sales in 2020, but the segment grew 45% to even amid the pandemic. Beyond commitments from OEMs to expand their EV lineups, supportive government policies around the world are further driving EV adoption. While OEMs and governm...
The electric vehicle (EV) market is expected to rapidly expand in this decade and China is likely to lead this growth. Two Chinese EV manufacturers looking to capitalize on this growth are Li Auto (LI) and Geely (GELYY). In this article I’ll analyze which stock is a better buy now. ...
Ford, VW, and GM are among boldest investors in rapid rollout of battery EVs (BEVs), each aiming to eliminate or severely limit vehicle emissions within next decade or so. New EV models are impressive executions, representing the latest battery, software and digital tech as exemplifie...
Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share. EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and...
The electric vehicle industry is growing at a rapid pace and as such is attracting the entrance of established manufacturers, such as the China-based Geely (GELYY). But are these new entrants in general, and Geely specifically, be able to threaten Tesla’s (TSLA) leadership position? ...