To Meet Electric Vehicle Goals, California Must Spend $20 Billion on Grid Updates

To Meet Electric Vehicle Goals, California Must Spend $20 Billion on Grid Updates

Isn’t California broke? I seem to remember that the impeccably coiffed Governor Newsom had, at last report, managed to take a state with a comfortable budget surplus and convert that to a staggering deficit. That makes it a bit of a head-scratcher when they adopt policies like cutting off the sale of internal combustion engine (ICE) vehicles in favor of electric vehicles (EV). But (as always) there’s a catch. Now we learn that the state’s power grid will require $20 billion in...
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BYD’s New Electric Vehicle Factory in Indonesia to Start Operation in 2026

BYD’s New Electric Vehicle Factory in Indonesia to Start Operation in 2026

Today, BYD Auto Indonesia announced a partnership agreement with PT Suryabuat Swadaya, the developer of the “Subang Smartpolitan” industrial park. Suryacipta Swadaya stated that BYD has chosen the “Subang Smartpolitan” industrial park as the site for its electric vehicle factory, which covers an area of over 108 hectares, making BYD the largest tenant in the park. The statement pointed out that the establishment of BYD’s electric vehicle factory in “Subang Smartpolitan” marks a sig...
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Electric vehicle dip due to ‘lack of skilled labour’ to replace batteries 

Electric vehicle dip due to ‘lack of skilled labour’ to replace batteries 

The dip in electric vehicles’ (EVs) popularity is because there is a “lack of skilled labour” in dealing with secondhand EVs, according to a used car dealer.  The Irish Daily Mail reported today the goal to have a million EVs by the end of the decade has seemingly reached a dead end.  Blame has been laid at the foot of Transport Minister Eamon Ryan for failing to develop infrastructure that will facilitate EVs in the long-term.  User and new car dealer Nadia Adan told The Anton Savage S...
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Global Electric Vehicle Fast Charging Stations Market 2023-2030 is Booming Worldwide | Top Players are ABB Ltd, ChargePoint Inc., EVgo Services LLC

Global Electric Vehicle Fast Charging Stations Market 2023-2030 is Booming Worldwide | Top Players are ABB Ltd, ChargePoint Inc., EVgo Services LLC

Market Overview: The Global Electric Vehicle Fast Charging Stations Market size is expected to grow from USD 7.8 billion in 2022 to USD 81.08 billion by 2030, at a CAGR of 34% during the forecast period (2023-2030). An electric vehicle fast charging station serves as a source of electricity that connects to an electric vehicle, providing electric power for charging. It is also known as a charge point or electric vehicle supply equipment (EVSE). The rising adoption of electric vehicles is driven...
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Electric Vehicle Charging Socket Market Worldwide Overview by Industry Size, Future Trends, Growth Factors

Electric Vehicle Charging Socket Market Worldwide Overview by Industry Size, Future Trends, Growth Factors

The Global Electric Vehicle Charging Socket Market size is expected to grow from USD 60.36 Million in 2022 to USD 257.81 Million by 2030, at a CAGR of 19.9% during the forecast period (2023-2030). A piece of equipment known as a charging station supplies electrical power for plug-in electric vehicle charging. It’s also known as an electric car supply equipment or a charging point. The two main categories are AC charging stations and DC fast chargers. Because it is convenient and inexpensiv...
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More electric vehicles, flying cars coming to UAE, says top Chinese diplomat

More electric vehicles, flying cars coming to UAE, says top Chinese diplomat

Dubai in particular is seen as an increasingly attractive market Photo by Rahul Gajjar Published: Fri 12 Apr 2024, 6:00 AM Last updated: Sat 13 Apr 2024, 12:11 AM More electric vehicles (EV) and even flying cars manufactured in China are expected to arrive to the UAE soon, the newly-appointed Chinese consul general Ou Boqian has confirmed to Khaleej Times. “The UAE and China relations are growing in all aspects. And as we celebrate the 40th anniversary of our bilateral relationship, we see fur...
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As the Electric Vehicle Market Collapses, Politico Claims GOP Will Suffer From Divisive Election Topic

As the Electric Vehicle Market Collapses, Politico Claims GOP Will Suffer From Divisive Election Topic

Not to imply that Politico is desperately shilling for Joe Biden, but a new editorial by GOP consultant Mike Murphy tries to imply that Republicans opposing a proposition that has mounting problems and diminishing interest will become a poison pill for the party come November. The electric vehicle market has been a pet project of Joe Biden since he took office, and it has proven a failing enterprise since. One indicator of the wrong-headed approach was seen from Pete Buttigieg recently, as he ap...
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Xiaomi’s SU7 Electric Vehicle Faces Challenges of Prolonged Delivery Times, Production Hell and Loss-Making Sales

Xiaomi’s SU7 Electric Vehicle Faces Challenges of Prolonged Delivery Times, Production Hell and Loss-Making Sales

Xiaomi’s SU7 smart electric car has garnered significant attention from consumers, with a strong initial week of orders. However, challenges have emerged, including extended delivery times, production capacities, and the sustainability of loss-making sales. If previous consumer frenzies over particular products are indicative, the spotlight on the SU7 could swiftly turn unfavorably for Xiaomi. Regardless, Lei Jun, founder of Xiaomi, faces a challenging journey towards success in the EV market....
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Hybrid cars are back in as electric vehicle sales slow

Hybrid cars are back in as electric vehicle sales slow

Hybrids are becoming all the rage in the U.S. as the electric vehicle market suffers from slowed sales growth and automakers refocus their operations. Will Tesla finally unveil a self-driving vehicle? U.S. hybrid sales shot up 45% last quarter while plug-in hybrid deliveries grew 34%, according to Motorintelligence.com. Meanwhile, electric vehicle sales growth slowed to 2.7% across the first three months of 2024. Overall, sales of new vehicles grew nearly 5%. “Hybrids will play an increasingly...
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Ford delays some electric vehicles, renews focus on hybrids

Ford delays some electric vehicles, renews focus on hybrids

Ford just announced some delays for electric vehicles, including the long-awaited three-row SUV. The car was supposed to come out next year but has now been delayed until 2027, with the company suggesting it will use the extra time to “take advantage of emerging battery technology.” Ford says it’ll be making moves to “mitigate the impact the launch delay will have on” the Canadian workforce. The next-generation electric pickup, codenamed “T3,” is also being delayed from late 2025 t...
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