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...

Published Jan 01, 2025  •  Last updated 5 hours ago  •  3 minute read Alberta government set to charge a new tax on vape products, starting on Jan. 1. Photo by Steven Senne /Postmedia With a new year comes new taxes. In its 2024-25 budget, the Alberta government unveiled two new taxes that will be imposed on some Albertans in 2025 — a vape tax and a registration fee for electric vehicles. The vape tax will come into effect on Wednesday, which is intended “to discourage the use of va...

It’s an exciting and delicate time to be an electric vehicle charging company. Three years ago, the US government opened the funding spigot as Congress, with support from the Biden administration, directed $7.5 billion in funding to build tens of thousands of public charging stations. Those stations would ease the transition from gas-powered cars to electric ones, policymakers argued, allowing the government to reach its goal of making at least 40 percent of car sales zero-emission by 2030. No...

While electric vehicles have become a cornerstone of the global energy transition, new research led by Princeton University has demonstrated that refining the critical minerals needed for electric vehicle batteries could create pollution hotspots near manufacturing hubs. Focusing on China and India, the researchers found that national sulfur dioxide (SO2) emissions could increase by up to 20% over current levels if the countries were to fully domesticize their supply chains for electric vehicles...

Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Dec 15, 2024, 10:00 AM CST The UK is expected to witness a significant decline in petrol car sales and a rise in EV adoption over the next decade. Government mandates and improving EV affordability are driving the transition to electric vehicles. While there...