Tag: adoption

31 countries cross the EV adoption tipping point, Bloomberg reports

Bloomberg report: 31 countries hit 5% EV market share tipping point.Shift to mainstream acceptance fueled by growing consumer awareness.Challenges persist in reaching higher adoption rates despite significant progress.Bloomberg reports that 31 countries have hit...

Renault Group CEO, Luca De Meo calls for European action on the automotive energy transition

Renault Group CEO, Luca de Meo, advocates for emobility in Europe's automotive industry.His open letter calls for collective action and emphasises the importance of collaboration.de Meo's vision positions EVs as key to Europe's sustainability and...

Electric vehicle market rockets towards $951.9 billion by 2030

The electric vehicle market is set to reach $951.9B by 2030, 13.7% CAGR from $388.1B in 2023.Tesla, Volkswagen, and other major automakers vie for affordability.Commercial EVs surge; collaboration, innovation, incentives, and infrastructure are crucial...

The UK’s call for EV incentives: Electric vehicle sales reliant on fleets in February 2024

February 2024: UK’s new car registrations surge to 84,886, marking a 14.0% YoY increase.Industry urges government for EV incentives in the Spring Budget for collaboration and support.Shift in the automotive landscape: Rising EV sales...

Auto Trader, FairCharge, E.ON and Charge UK join forces to urge VAT reduction on public EV charging

FairCharge urges Chancellor to cut VAT on public EV charging for fairness.38% of non-home EV chargers pay a 20% VAT, hampering adoption.Open letter by industry leaders emphasises equitable policies for government goals.This group of...