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Tag: electric cars

The market for batteries for electric vehicles and Sunlight’s success story

The market for batteries for electric vehicles and Sunlight’s success story The market for batteries for electric vehicles and Sunlight’s success story

By Matina Harkoftakis In recent years, global car manufacturers have been engaged in a race to ensure a steady supply of batteries, which are used for electric vehicles. The upward trajectory of the international demand for electric vehicles is also reflected in the performance of the battery manufacturing industry, the capacity of which is expected […]

France is working on a plan for cheap leasing of electric cars

France is working on a plan for cheap leasing of electric cars France is working on a plan for cheap leasing of electric cars

France is preparing a plan to subsidize electric car leases as part of President Emmanuel Macron’s campaign pledge to make them more affordable, Bloomberg reports. The plan will make electric cars available for 100 euros a month, Budget Minister Gabriel Attal said Sunday on LCI TV, noting that the cost is less than what many […]

Panasonic plans to build another $4 billion electric vehicle battery factory in the US

Panasonic plans to build another $4 billion electric vehicle battery factory in the US Panasonic plans to build another  billion electric vehicle battery factory in the US

Panasonic Holdings, which supplies electric car batteries to Tesla, is in talks to build another US battery plant worth about $4 billion, according to a Wall Street Journal report today, citing Bloomberg. Oklahoma is a possible location for the new plant, although there are no guarantees a deal will be reached, according to the report. […]

What does the investment of Saudi Arabia’s ‘oilers’ in electric car batteries mean?

What does the investment of Saudi Arabia’s ‘oilers’ in electric car batteries mean? What does the investment of Saudi Arabia’s ‘oilers’ in electric car batteries mean?

By Anjani Trivedi The world’s oil capital wants to switch to electricity and clean energy. To do this, it is reaching out to minerals critical to batteries and taking a stake in the electric vehicle supply chain. This will understandably send countries and companies prone to announcing ambitious plans, but then doing little to make […]

Elon Musk’s winning bet in Greece

Elon Musk’s winning bet in Greece Elon Musk’s winning bet in Greece

By Giorgos Lampiris An informal bet – that of the most sales of purely electric cars in Greece – seems to be won by one of the youngest and still promising players of the global market, Elon Musk. The sui generis businessman and richest man in the world according to Forbes may have recently announced […]

EU-N. Korea: Potential violation of WTO rules by US tax breaks for the purchase of electric vehicles

EU-N. Korea: Potential violation of WTO rules by US tax breaks for the purchase of electric vehicles EU-N.  Korea: Potential violation of WTO rules by US tax breaks for the purchase of electric vehicles

The European Union and South Korea have raised concerns over proposed US tax breaks for the electric vehicle market, saying they could discriminate against vehicles made outside the US market and violate World Trade Organization (WTO) rules. . With the $430 billion climate and energy bill passed Sunday by the Senate, Congress will lift the […]

Bloomberg NEF report: From 2026 electric cars will be cheaper than conventional ones

Bloomberg NEF report: From 2026 electric cars will be cheaper than conventional ones Bloomberg NEF report: From 2026 electric cars will be cheaper than conventional ones

The reduction in the price of electric vehicles will have a dynamic effect on sales from 2025-2030. It is estimated that during this period, the number of electric cars sold will quadruple to 26 million cars. According to analysts at Bloomberg NEF, the number is expected to double further, reaching 54 million in 2040. As […]

Nissan launches sustainable financing framework for financing electric vehicles

Nissan launches sustainable financing framework for financing electric vehicles Nissan launches sustainable financing framework for financing electric vehicles

Nissan is launching a sustainable financing framework to promote the financing of next-generation electric vehicles, batteries, environmental technologies and new mobility services. Proceeds will be used to support projects in Nissan’s use of renewable energy sources, “clean” generation systems, EV recharging infrastructure, battery reuse and autonomous driving technologies. The financing framework, which has been named […]

Ford plans up to 8,000 job cuts to fund electric vehicle investment

Ford plans up to 8,000 job cuts to fund electric vehicle investment Ford plans up to 8,000 job cuts to fund electric vehicle investment

Ford Motor Co. is preparing to cut up to 8,000 jobs in the coming weeks as the automaker tries to boost profits to fund its push into the electric vehicle market, according to Bloomberg, citing people with knowledge of the matter. The cuts will be made at the newly formed Ford Blue unit responsible for […]

EY research: 52% of consumers worldwide want to buy an electric vehicle

EY research: 52% of consumers worldwide want to buy an electric vehicle EY research: 52% of consumers worldwide want to buy an electric vehicle

Global electrification has reached a tipping point, as according to the latest edition of EY’s global research, Mobility Consumer Index, 52% of consumers looking to buy a new car want an electric vehicle. This is the first time the survey has recorded a rate above 50% in this metric, which translates to an increase of […]