Kelley Blue Book: Americans Bought Nearly 1.2 Million EVs in 2023
EVs represent the fastest-growing car sales category, holding a 7.6% share of the total U.S. vehicle market in 2023, Kelly Blue Book reports.
Accelera, Daimler & PACCAR Chose Battery Cell Production Site
The joint ventur, focuses on lithium-iron-phosphate battery technology for commercial battery-electric trucks.
Biden Administration Grants $623M for US EV Charging Network
The plan includes the installation of at least 500,000 public chargers by 2030.
Deloitte: Electrification Momentum in US Slows
The report showed a rise in U.S. consumer interest in ICE vehicles, due to affordability and range anxiety, among other factors.
LeapCharger Unveils Home Solutions for EV Charging
This marks the company’s entry into the retail market.
China’s BYD Overtakes Tesla in EV Sales in Final Months of 2023
Both BYD and Tesla reported record sales of EVs in the last three months of 2023.
Canada Announces New EV Availability Standard
The Canadian government has committed $1.2 billion to establish 84.5K chargers by 2029.
EV Charging Challenges
Charging will get better as technology improves and drivers change their behaviors.
Nexteer Hits Global Production Milestone of 100M EPS Systems
Electric Power Steering systems are key in enabling fuel efficiency and safety.
Hyundai Breaks Ground on New EV Production Plant in South Korea
Hyundai’s new EV plant prioritizes employee comfort, becoming the hub for EV mobility.
Ford Pro, Xcel Energy Collaborate on EV Charging Port Installation
The effort aims to install 30,000 EV charging ports by 2030 for business fleets across Xcel Energy’s service territories in the U.S.
Pilot Travel Centers, GM & EVgo Partner on EV Charging
The companies have opened the first 17 locations of their national electric vehicle fast charging network.
