Posts tagged as electric

How sales of new electric vehicles have hit record levels

Dynamic market uptake of electric vehicles (EVs) has occurred in recent years. On-going support and commitments for increased deployment of EVs from policy makers and the automotive industry has resulted in increased sales volumes. This, together with growing competition in the development of new technologies, are likely to contribute to continuous reductions in the cost […]

Electric vehicles have another record year

  The global electric car stock, primarily composed of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), surpassed 2-million units in 2016. This is an increase of 60% from 2015 sales, indicating rapid market evolution. Electric vehicles (EVs) have the capacity to increase energy efficiency, diversify transport energy carriers, and play a role […]