Navigant says that plug-in electric vehicle sales last year doubled in North America, and sales in Europe and China increased 39% and 77%, respectively. And by 2030, annual PEV sales are estimated to be between 15% and 32% of the global light-duty vehicle market.
Battery electric vehicles could be on the fast track to reach an installed base of over 100 million by 2029, but much of the growth in electrification hinges on battery technology as well as educated and willing consumers.
The electrification of automotive powertrains has accelerated as the world's automakers come to the realization that traditional ICE (internal combustion engine) vehicles can no longer keep pace with stringent global emissions requirements, especially those in Europe.
MUSCLE SHOALS, AL—DURA Automotive Systems plans to invest $59 million to open a manufacturing facility here that will produce battery trays for electric vehicles.
VANCOUVER, British Columbia — ElectraMeccanica Vehicles Corp., a designer and manufacturer of electric vehicles, has identified seven states as finalists for the company's assembly facility and engineering technical center in the United States.
DETROIT, MI — General Motors and DTE Energy are working together to accelerate Michigan’s transition to renewable energy with a deal to source 500,000 megawatt hours of solar energy as part of DTE’s MIGreenPower program.
BICESTER, UK — British electric van manufacturer Arrival, which has recently won a major order from logistics giant UPS, has taken on a new production site here.