VW’s EV Shortcut in China Could Make Rivals Rethink Strategies

Volkswagen has adopted a relatively quick approach to entrenching itself in China, the world’s largest market for electric vehicles. Rather than setting camp in China and building local manufacturing facilities such as Tesla did, Volkswagen has opted to invest in Chinese automaker XPeng gain a foothold in the eastern Asian market. The German carmaker will … Continue reading “VW’s EV Shortcut in China Could Make Rivals Rethink Strategies”

Electrified Golf Carts Find Use as Everyday Vehicles in America

America’s quest to electrify the millions of petrol or diesel-powered cars on its roads has taken an interesting turn as a growing number of U.S. residents have begun adopting electric golf carts, rather than conventional battery electric vehicles, as their daily drivers. Electrified golf carts have become a popular choice for American families looking for … Continue reading “Electrified Golf Carts Find Use as Everyday Vehicles in America”

Tesla Remains Dominant in US EV Industry as Hyundai Exceeds GM’s Sales

Motor Intelligence has released data showing that Tesla has maintained its dominance of the U.S. electric vehicle market while legacy automakers have continued to overpromise but under deliver in this nascent industry. The vehicle data firm says that Tesla has widened the gap between its total sales and those of its rivals. For example, in … Continue reading “Tesla Remains Dominant in US EV Industry as Hyundai Exceeds GM’s Sales”

Significant Drop in the Price of Lithium Could Result in More Affordable EVs

Prices of lithium have been falling sharply since early this year, meaning that less expensive electric vehicles may be expected in the future. After a two-year surge, the main battery ingredient declined by more than 65% as of January 2023. In November, the price reached a peak at $85,000, and Jean-Charles Cachon, an analyst from … Continue reading “Significant Drop in the Price of Lithium Could Result in More Affordable EVs”

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