Saturday 03 January 2026 11:35 am EV sales are projected to experience their slowest growth since 2020 Electric vehicle sales are set for their slowest annual growth since the pandemic damaged sales in 2020, as demand for the vehicles weaken. First reported by the Financial Times, electric vehicle (EV) sales are expected to reach just 13 per cent to 24m in 2026, down from an estimated 22 per cent increase last year, according to research firm Benchmark Mineral Intelligence. The Trump administrat...

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Employees work on the assembly line for the electric flying car at a factory of Xpeng’s subsidiary Aridge. Photo: Jade GAO / AFP/File Source: AFP A worker in white gloves inspects the propellers of a boxy two-seater aircraft fresh off the assembly line at a Chinese factory trialling the mass production of flying cars. Globally, technical and regulatory challenges have prevented the much-hyped flying car sector from getting off the ground. But Chinese companies are building on rapid develop...

Modern electric vehicles are transforming the roads with low noise, rapid acceleration and zero exhaust emissions. However, drivers of electric vehicles in the UK will now face a new 3p per mile charge and drivers of hybrid vehicles a 1.5p per mile charge. In her speech, chancellor of the exchequer Rachel Reeves said: “All cars contribute to the wear and tear on our roads, drivers will taxed on how much they drive not just on the type of car they own.” This new EV tax would add up to an extr...

The global automotive industry is rapidly shifting toward electric vehicles (EVs) as countries seek to reduce carbon emissions and meet the Paris Agreement’s goal of net-zero emissions by 2050. Developed economies are leading this transition, while developing countries, including Nigeria, face economic and infrastructural constraints that have slowed adoption. Nigeria has committed to decarbonising road transportation through EV adoption. According to the country’s Energy Transition Plan, la...

Here’s some good news for a Friday afternoon: For 2025 through August, global electric vehicle sales have grown by 25 percent compared to the same eight months in 2024, according to the analysts at Rho Motion. That amounts to 12.5 million EVs, although the data combines both battery EVs and plug-in hybrid EVs for the total. However, that’s for global sales. In fact, EV adoption is moving even faster in Europe, which has grown by 31 percent so far this year (Rho says that BEV sales gr...

Key Points Rivian and Lucid Group share prices have plenty of upside. But there’s one classic EV stock investors shouldn’t ignore. 10 stocks we like better than Lucid Group › If you’re looking for huge growth potential, check out electric car stocks. These businesses are hard to get off the ground. But once growth begins, it can be hard to stop. Just take a look at Tesla (NASDAQ: TSLA). Since 2010, its shares have increased in value by more than 23,000%. Looking to grow your...

Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jun 07, 2025, 6:00 PM CDT EV interest among U.S. drivers has dropped to 16%, the lowest since 2019. Key deterrents include high upfront costs, limited charging infrastructure, and concerns over long-distance suitability. Hybrid and plug-in hybrid vehicles are gaining favor as more practical alterna...

PORTLAND, Ore. — The pothole outside Timothy Taylor’s home was so deep, he could hear the clunk of cars hitting it from inside his house. The Portland, Oregon, resident could sympathize with those drivers: He knew to avoid his own neighborhood pothole, but another one damaged his car’s suspension to the tune of $1,000. “Hearing that awful sound of your car bottoming out — it’s horrible,” he said. Oregon transportation officials say that without more funding, residen...