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The European Commission is due to notify Chinese e-vehicle manufacturers of provisional tariff levels and additional levies of around 25% in a bid to protect their own EV manufacturing base. According to National Australia Bank’s economic analysis, the value of Chinese EV sales to Australia is already seven times larger than it is to the US. Given the massive growth of the Chinese EV market, it will be akin to holding back the tide...

The two-wheeler industry is set for steady growth in FY25 driven by improved domestic sales, increased EV adoption, and strong new model launches. Key factors include potential interest rate cuts, export recovery, and government initiatives like the Electric Mobility Promotion Scheme 2024. Read more at https://ow.ly/lkNE50SxHj1 #EV #Export #industry #IBT #IBTInsights

4 facts every battery professional should know today: 1) #South Korea plans $7B push to pivot EV battery industry away from China 2) #Biden Administration set to 4x tariffs on China-sourced EVs 3) #CATL held dozens of discussions with global EV auto OEMs about technology licensing partnerships 4) #EVgo sales are up 118% y/o/y, reaching $55.2MM in Q1 2024 Let us know your thoughts in the comments below! ____________________________________________________________ Thank you to our 10,000+ subscribers for supporting our newsletter 🚀🚀🚀 Follow Mouda A. for more battery industry insights 🔋

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This can be attributed to a decrease in battery demand due to the slowdown in electric vehicle (EV) demand and other external factors. #SouthKorea #battery #ElectricVehicle

#Electrical_commercial_transportation ◙ $57.7 billion clean truck market size by 2027, with an annual growth of 30 percent This sector will be pivotal in the coming years, and whoever establishes a correct strategy now will reap a large share in the markets. There is a European manufacturer that has begun this step and seeks to break the Chinese Monopoly on the electric commercial transportation sector. #Amer_deeb

Global EV sales increased by nearly a quarter in May this year, with eight out of ten of the world's largest markets reporting an increase. Only Germany, which has recently withdrawn EV incentives, and Sweden failed to experience any growth. Figures suggest that if global sales continue to experience the same growth rate, global EV sales will double their market share by 2028. Get more figures here: https://bit.ly/3VQUi5x #EV #ElectricVehicle

Global EV sales increased by nearly a quarter in May this year, with eight out of ten of the world's largest markets reporting an increase. Only Germany, which has recently withdrawn EV incentives, and Sweden failed to experience any growth. Figures suggest that if global sales continue to experience the same growth rate, global EV sales will double their market share by 2028. Get more figures here: https://bit.ly/3VQUi5x #EV #ElectricVehicle

The Biden-Harris Administration's new policy has already seen $135M in advanced EV tax rebates, with over 25,000 sales reported. The shift to upfront discounts aims to fuel EV market growth, despite stricter battery sourcing rules impacting eligibility. This change signifies a significant push towards sustainable transportation, though it has narrowed qualifying models. https://lnkd.in/gpf6WyJb #EVNews #EV #EVTaxRebates #BidenHarris #SustainableTransport #USGovernment #InflationReductionAct #ElectricVehicles #EVAdoption #BatterySourcing #Tesla #FordMustangMachE #GeneralMotors #Hyundai #China #Iran #NorthKorea #Russia

"EVs - whether fully electric (BEV) or plug-in hybrids (PHEV) - sold worldwide were at 1.35 million in July, of which 0.88 million were in China, where they were up 31% year-on-year, the data showed." "BYD, China's and the world's biggest EV maker, reported in the same period increases of 13% and 44% in its global BEV and PHEV sales, respectively. In Europe, monthly sales were down 7.8% in July, to year-to-date figures in line with 2023. In the seven months to July, they dropped by 12% in Germany, the EU's biggest EV market. [...] In the United States and Canada, EV sales were up 7.1% in July." #ev #electric #electrification #electricvehicle #electricvehicles #evcharging #charging #chargingstations #renewableenergy #energy #economics #solar #photovoltaics #pv #wind #climatecrisis https://lnkd.in/giQ8mCEw