The electric car revolution is on track, says IEA

Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China, according to the International Energy Agency. Read More

A brutal elimination round is reshaping the world’s biggest market for electric cars

A “life and death race” has begun to unfold in the world’s largest market for electric vehicles. Many players won’t reach the finish line. Read More

Electric and hybrid vehicle insurance market set for robust growth through 2030

The global market for insurance tailored to electric and hybrid vehicles is expected to experience substantial growth, with a forecasted compound annual growth rate (CAGR) of 16.88% from 2024 to 2030, ... Read More

2024 forecast to set new record for electric car sales: IEA

IEA Sales of electric cars are surging and expected to break another record in 2024, the International Energy Agency said on Tuesday, with China a big market for that growing demand. China remained ... Read More

Global Electric Motor Market Revenue to Surpass US$ 252.6 Billion Milestone by 2033, Riding an Average 6.64% CAGR | FMI Analysis

The electric motor market is poised for striking expansion, with an average Compound Annual Growth Rate (CAGR) of 6.64% projected from 2023 to 2033. By the year 2033, this dynamic sector is ... Read More

Electric Utility Vehicles Market Eyes Robust Growth to US$ 38,550.2 Million by 2033

The electric utility vehicles market is valued at US$ 9,203.8 million as of 2023. The market is expected to reach a valuation of US$ 38,550.2 Million by 2033 and is expected to grow at a CAGR of 15.4% ... Read More

EV Company News For The Month Of March 2024

Welcome to the March 2024 edition of Electric Vehicle [EV] company news. YTD 2024 has seen the global plug-in electric car sales 'growth rate' slowdown from 30% in 2023 to about 14-17% in Q1, 2024. Read More

Global electric car sales to hit 17m by year-end – Report

The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million.The global EV outlook published by the International Energy Agency on Tuesday indicated that supercar ... Read More

Plug-in hybrids almost double company car market share

Plug-in hybrid electric vehicles (PHEVs) have taken market share from pure electric ... Cap HPI’s analysis comes after new car sales figures from the Society of Motor Manufacturer and Traders ... Read More

Xiaomi enters challenging Chinese auto market with $29,870 electric car

Visitors to the Xiaomi Automobile flagship store look at the Xiaomi SU7 electric car on display in Beijing ... like Tesla and Geely's Zeekr for market share amid a brutal price war. Read More