Green Car Stock Archives - Page 4 of 116

FridayFeb 14, 2025 10:00 am

EV Adoption Helps Worldwide Transport Emissions Peak 25 Years Earlier

Recent data has revealed that global emissions from transport have peaked 25 years earlier than predicted thanks to electric vehicle adoption. Fully electric cars first hit the market more than one and a half decades ago and soon became the main alternative for countries looking to replace their carbon-emitting fleets of internal combustion engine (ICE) vehicles with cleaner alternatives. Although electric vehicles still make up a minute portion of total vehicle sales, EV adoption has surged significantly over the past several years. As a result, the International Council on Clean Transportation estimates that worldwide emissions from road transportation could peak…

ThursdayFeb 13, 2025 10:00 am

Ford Thinks Large Electric SUVs, Trucks Have ‘Insurmountable’ Challenges

American automaker Ford Motor says developing large electric trucks and SUVs presents ‘insurmountable’ challenges, but it will push on with its electric vehicle plans. As SUVs and pickup trucks have become incredibly popular in the U.S. over the past couple of decades, the auto industry has trended toward developing increasingly larger cars. The assumption was that as Americans love large cars, making them electric would be a surefire way to boost electric vehicle sales and remove emissions from the country’s transportation. However, Ford CEO Jim Farley says developing electric trucks and SUVs comes with unresolvable problems. The economics for electrifying…

TuesdayFeb 11, 2025 10:00 am

Trump Admin Halts $5bn EV Charger Construction Program

The Trump administration has halted a landmark project to construct a network of hundreds of thousands of public electric vehicle charging stations. Launched by the Biden administration in 2021, the project invested $5 billion into the construction of 500,000 EV charging stations across the U.S. A recent memo from the U.S. Department of Federal Highway Administration (FHWA) instructed state transportation agencies to stop spending the funds allocated to them via the National Electric Vehicle Infrastructure (NEVI) program. The $5 billion program was in President Trump's crosshairs during his presidential campaign and may soon join the growing list of environmental programs…

FridayFeb 07, 2025 10:00 am

Why Trump May Be Unlikely to Stop Public EV Charger Construction

President Donald Trump may be unable to stop the rollout of hundreds of thousands of public electric vehicle (EV) chargers across the U.S. During his presidential campaign, Trump made it clear that he opposed the Biden administration’s investments in electric vehicle infrastructure and would rescind all the unspent funds the previous administration had dedicated to EVs. As one of the largest investments the Biden administration had made into EVs, the plan to build a network of 500,000 EV chargers by the end of the decade seemed an obvious target for the notoriously anti-EV GOP candidate. However, experts say the matter…

ThursdayFeb 06, 2025 10:00 am

Norway Close to its Goal of 100% EV Adoption

Norway is close to becoming the first country in the world to achieve 100% electric vehicle sales. The Scandinavian country reports that EVs made up a whopping 96% of new vehicle registrations last month, putting electric vehicle registrations in Norway well ahead of every other market and bringing it close to reaching 100% electric vehicle adoption. Norway has consistently outperformed other countries in the nascent electric vehicle sector for several years now and is now poised to reach a goal that will most likely take other nations decades to achieve. After nearly 96% of its January vehicle registrations comprised of…

TuesdayFeb 04, 2025 10:00 am

Xiaomi and Xpeng Are Redefining the Future of EVs

Chinese firms aren't satisfied with dominating the global electric vehicle supply chain; they're hell-bent on blazing the future of electric cars and even flying vehicles. Xiaomi and Xpeng, currently two of the largest technology/vehicle companies in China and the world, are making waves in the urban mobility segment thanks to their new and innovative vehicle designs. Guangzhou, China-based EV maker Xpeng recently debuted the Voyager X2, an aircraft with vertical take-off and landing capabilities. This puts Xpeng at the forefront of the burgeoning flying car segment, an industry projected to reach a $1.8 billion valuation by 2032. Voyager X2 features…

FridayJan 31, 2025 10:00 am

BMW, Tesla Sue EU as Row Over Tariffs on Chinese EVs Deepens

BMW and Tesla Shanghai alongside several other Chinese automakers are suing the European Union (EU) as the trade war over electric vehicle tariffs between China and the EU heats up. China’s EV industry is significantly more advanced than the rest of the world and the Asian nation has already begun exporting EVs in mass to other markets. However, with most Western automakers struggling to sell EVs profitably, China’s incredibly cheap EVs posed a nigh-existential threat. The European Commission launched an investigation soon after Chinese electric cars started flooding into the EU. After determining that Beijing’s decade-long subsidy program had given…

ThursdayJan 30, 2025 10:00 am

The EV Repair Industry Could Reach $169.6bn by 2034

Electric vehicle repair has the potential to become a multi-billion dollar industry over the next decade. Projections show that the global EV repair service market will experience a compound annual growth rate (CAGR) of 16.7% between 2024 and 2034, with its valuation increasing from $36.2 billion last year to $169.6 billion in 2034. EV repair services are becoming more and more essential as electric vehicle ownership increases in major markets like the U.S., the European Union, and China. Although EVs have fewer moving parts compared to internal combustion engine (ICE) cars, they still require repair and maintenance. However, the difference…

TuesdayJan 28, 2025 10:00 am

Study Finds That the Lifespan of EVs in the UK Equals That of ICE Vehicles

A recent analysis of data from the United Kingdom (UK) Ministry of Transport (MOT) has revealed that electric vehicles in the UK have a similar lifespan to internal combustion engine (ICE) cars. The international research team discovered this similarity after studying 300m MOT records to determine failure rates for petrol and diesel cars as well as new energy cars like battery electric vehicles (BEVs). Published last week in the journal Nature Energy, the peer-reviewed study indicated that electric vehicle reliability has improved rapidly enough for electric cars in the UK to last just as long as their diesel and petrol-powered…

FridayJan 24, 2025 10:05 am

Trump Issues Executive Order Undoing Biden’s EV Policies

President Donald Trump has signed an executive order undoing former President Joe Biden’s electric vehicle policies. Trump has also indicated that he intends to roll back the previous administration’s tailpipe emission standards, a move that will undoubtedly increase greenhouse gas emissions in the U.S. and hamper the country’s efforts to combat climate change. The GOP President has been a vocal critic of the Biden administration’s investments in clean energy and electric cars. Even with the endorsement of Tesla CEO and billionaire Elon Musk, President Trump vowed to eliminate the $7,500 EV tax incentive and reclaim all unspent funds that had…

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