FridayJun 27, 2025 10:00 am

BloombergNEF Foresees the Worldwide EV Market Growing by 25% This Year

BloombergNEF has predicted that the global market for electric vehicles (EVs) will grow by 25% in 2025 but forecasts slower short- and long-term growth in the American market. The market research provider recently published its EV sales forecast for the year and revealed relatively optimistic projections for electric vehicle sales.  According to BloombergNEF’s report, cumulative battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales will reach 22 million units in 2025, 25% more than the BEVs and PHEVs sold worldwide last year.  The Electric Vehicle Outlook 2025 report notes that growth in the global EV market will be…

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ThursdayJun 26, 2025 10:00 am

GM’s Electric Vehicle Sales Could Surpass Tesla’s in the US

General Motors could soon achieve a feat that has eluded American automakers for well over a decade: surpassing Tesla’s electric vehicle sales. Tesla pioneered mass battery electric vehicle (BEV) production and has remained the top BEV producer on the globe for over a decade, beating established automakers that had been around for decades. However, a confluence of factors that have significantly damaged Tesla’s branding and impacted its sales may allow carmakers like Ford to catch up to and even surpass the Texas-based electric vehicle firm.  Recent research has revealed that Tesla is rapidly losing its position as the undisputed leader…

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TuesdayJun 24, 2025 10:00 am

BYD Ships Thousands of Electric Vehicles to Brazil Ahead of Tariff Implementation

Chinese vehicle giant BYD is shipping thousands of electric vehicles (EVs) to Brazil ahead of a progressive tariff program that will make importing EVs to the South American country increasingly costly. As China was locked out of the lucrative European and American auto markets via import tariffs, Chinese carmakers began looking for alternative markets to sell their affordable electric cars.  As the largest economy in South America, Brazil was a natural target for automakers like BYD that were seeking opportunities for growth. Unfortunately for BYD and other Chinese automakers, their efforts drew the attention of Brazil’s powerful carmakers’ lobby, which…

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FridayJun 20, 2025 10:00 am

British Firm Gets Approval to Commercialize EV Battery That Charges in 18 Seconds

High-performance engineering company RML Group has received approval to commercialize an electric vehicle battery that can reportedly charge in just 18 seconds. The VarEVolt battery pack is leagues ahead of current EV battery technology, fully recharging in less than 20 seconds, and has the capacity to run electric hypercars. Now that the Northamptonshire, UK-based firm was granted Conformity of Production certification for its next-generation battery, it can begin mass production for vehicle manufacturers.  Current electric vehicle batteries take anywhere from 30 minutes to several hours to fully recharge, making EV charging an incredibly time-consuming affair for drivers who don’t have…

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TuesdayJun 17, 2025 10:00 am

Electric Vehicle Sales are Rebounding in Europe

Electric vehicles sales in Europe are rebounding from several months of slowed adoption and outright boycotts of some EV brands. Although Europe is the second largest electric vehicle market, 2024 saw a growing number of European buyers refrain from EV purchases due to costs, range anxiety, and brand controversies. Recent data now shows that electric vehicle sales in Europe are seeing a resurgence, but EV adoption remains uneven across the continent.  New vehicle registrations by Volkswagen and BMW increased by 4.5% and 2.3% respectively in Q1 2025, indicating increased interest in electric cars among European drivers. The European Automobile Manufacturers’…

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FridayJun 13, 2025 10:00 am

Ongoing Rare Earths Shortages Force Maruti Suzuki to Cut EV Production

Maruti Suzuki, the Indian subsidiary of Japanese carmaker Suzuki Motor, has cut electric vehicle production due to the ongoing rare earth mineral shortage. Documents show that the New Delhi, India-based automaker has reduced e-Vitara production targets for the first half of the 2025–2026 financial year by a whopping two-thirds thanks to the shortage. The news shows that China's decision to halt the export of seven rare earth metals in April is already affecting the global automobile sector. In early April, China stopped exporting over half a dozen rare earth metals that are key ingredients in electric vehicle production, a move…

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ThursdayJun 12, 2025 10:00 am

What the US Can Learn from Norway’s Uptake of EVs

Norway’s world-leading efforts to transition from petrol and diesel-powered cars to battery electric vehicles (BEVs) could serve as a lesson to the U.S. While electric vehicles made up just 10% of total vehicle sales in the U.S. last year, data from the Norwegian Road Federation shows that nearly 90% of 2024 vehicle sales in Norway were electric. The Scandinavian country has made significant strides in adopting electric cars and is much closer to achieving its electrification targets than the U.S. The Norwegian government expects new internal combustion engine (ICE) vehicle sales to drop down to zero this year as the…

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TuesdayJun 10, 2025 10:00 am

Japanese Firm Makes Tiny $7k EV Outselling Toyota EV Models

A Japanese startup has developed a tiny electric car that is rapidly becoming a threat to vehicle manufacturing giant Toyota. Priced at just $7,000, the tiny electric vehicle from KG Motors, a startup based in Higashihiroshima, Japan, is quickly gaining enough popularity to rival electric offerings from Toyota. Dubbed the ‘Mibot,’ the tiny EV is a single-seat vehicle with a top speed of 37 miles per hour and a range of 62 miles. While these specs may seem quite diminutive, most drivers don’t purchase tiny electric cars like the Mibot for their performance. Such vehicles typically thrive in urban regions…

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FridayJun 06, 2025 10:00 am

3,000 Mile Range for EVs is Now Possible with New Battery Innovation

Recent innovations in electric vehicle batteries could allow automakers to build electric cars that can travel as much as 3,000 miles on a single charge. Researchers have developed a groundbreaking silicon-based EV battery with the potential to completely transform the global electric vehicle industry by making range anxiety, one of the largest barriers to EV adoption, a total non-factor. Compared to the average petrol- and diesel-powered car, EVs have little range. While an internal combustion engine (ICE) vehicle driver can simply pull into one of the hundreds of thousands of gas stations dotted across the U.S., electric vehicle drivers have…

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ThursdayJun 05, 2025 10:00 am

Increasing Affordability is Accelerating Global EV Uptake

Electric vehicle adoption is accelerating globally thanks to the growing affordability of electric cars. A recent International Energy Agency (IEA) report has found that although the global auto industry has faced several headwinds in the past few months, electric vehicle sales are growing. Published last month, the Global EV Outlook from the IEA predicted that 2025 will be a good year for electric cars, with EVs accounting for over 25% of all the cars that will be sold worldwide this year. The annual report notes that carmakers sold 17 million electric cars globally in 2024, accounting for slightly over 20%…

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