Battery electric vehicles

United States Electric Truck Market Analysis and Growth Forecast 2020-2030: Market is Expected to Witness Robust Growth of 51.6% CAGR

Retrieved on: 
Thursday, March 11, 2021

The U.S. electric truck market is expected to generate a revenue of $15,084.3 by 2030, increasing from $211.5 million in 2019, and the market is expected to witness robust growth of 51.6% CAGR during the forecast period (2020-2030).

Key Points: 
  • The U.S. electric truck market is expected to generate a revenue of $15,084.3 by 2030, increasing from $211.5 million in 2019, and the market is expected to witness robust growth of 51.6% CAGR during the forecast period (2020-2030).
  • The market is growing due to the increasing government support for the deployment of electric trucks in the country and the falling process of battery packs.
  • On the basis of vehicle type, the U.S. electric truck market is divided into heavy-duty truck (HDT), light-duty truck (LDT), and medium-duty truck (MDT).
  • The supportive government policies are the major reason for the growth of the U.S. electric truck market.

Global $67 Bn EV (Electric Vehicle) Battery Market to 2025 with CATL, Panasonic, BYD, LG Chem, GS Yuasa, Samsung, and Toshiba Dominating

Retrieved on: 
Wednesday, March 10, 2021

The global EV battery market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025.

Key Points: 
  • The global EV battery market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025.
  • Factors such as improving battery technology, supporting government policies and regulations, and launch of new plug-in EV models will drive the EV battery market.
  • EV battery manufacturers have achieved innovative solutions in battery composition as well as battery design.
  • A Chinese EV battery manufacturer, CATL came up with 'blade-thin' battery cells that have a thickness of around a centimeter.

EVmo, Inc formerly YayYo, Inc, announces a Fleet Acquisition of Tesla Vehicles

Retrieved on: 
Wednesday, March 10, 2021

Tesla is an obvious choice and we are excited to be one of the first Tesla rideshare fleet partners in the US that will deploy electric vehicles rather than gasoline-powered vehicles, for services like Uber and Lyft.

Key Points: 
  • Tesla is an obvious choice and we are excited to be one of the first Tesla rideshare fleet partners in the US that will deploy electric vehicles rather than gasoline-powered vehicles, for services like Uber and Lyft.
  • There are a small number of electric vehicles used by drivers, yet electric vehicle adoption is on the rise.
  • In recent press, rideshare companies and carmakers are increasing the number of electric vehicles used in the transportation industry.
  • But its Tesla that is the unparalleled EV market leader in the world that makes the product such an excellent strategic choice.

United States Electric Commercial Vehicle Market Report 2021: Medium/Heavy-Duty truck and Bus Markets to Recover Following a Major Dip in 2020 Due to COVID-19

Retrieved on: 
Friday, March 5, 2021

However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets.

Key Points: 
  • However, the crisis is forecast to have a relatively lower impact on the electric truck and bus markets.
  • The electric bus segment shows a slight decline, whereas the electric truck market reflects a slight increase.
  • The electric commercial vehicle market also faces serious competition from alternative fuel-powered vehicles, which are gaining prominence.
  • 2019 Market Snapshot - Electric Trucks: Electric Commercial Vehicle Market
    Sales by Model and OEM - Electric Trucks: Electric Commercial Vehicle Market
    2019 Market Snapshot - Electric Buses: Electric Commercial Vehicle Market
    Sales by Model and OEM - Electric Buses: Electric Commercial Vehicle Market
    Charging Stations - Demand Forecast by Charging Type and Region: Electric Commercial Vehicle Market

Aurora Mobile Partners with Segway-Ninebot to Promote Smart Mobility Services for Personal Electric Transportation

Retrieved on: 
Thursday, March 4, 2021

Aurora Mobile will provide push notification services and smart operational analytics to Segway-Ninebot to improve user experience and upgrade their smart mobility services.

Key Points: 
  • Aurora Mobile will provide push notification services and smart operational analytics to Segway-Ninebot to improve user experience and upgrade their smart mobility services.
  • Through this partnership with Segway-Ninebot, Aurora Mobile will provide its artificial intelligence-based operational analytics and targeted push notification services to help Segway-Ninebot personalize its customers smart mobility experience.
  • This cooperation demonstrates the industry-wide acclaim and trust that Aurora Mobile commands for the robust technology and services it offers to leading intelligent transportation system (ITS) providers.
  • Aurora Mobile is a leading mobile developer service provider in China and was listed on Nasdaq in July 2018.

New Electric Vehicle Chargers Coming to Metro Vancouver

Retrieved on: 
Wednesday, March 3, 2021

The Honourable Seamus O'Regan Jr., Canada's Minister of Natural Resources,today announced a more than $119,000 investment to install 34 Level 2 electric vehicle (EV) chargers at six sites in Metro Vancouver, British Columbia.

Key Points: 
  • The Honourable Seamus O'Regan Jr., Canada's Minister of Natural Resources,today announced a more than $119,000 investment to install 34 Level 2 electric vehicle (EV) chargers at six sites in Metro Vancouver, British Columbia.
  • This includes helping establish a coast-to-coast network of fast chargers and installing chargers in more localized areas where Canadians live, work and play.
  • "Bosa Properties is pleased to be working with NRCan to invest in green energy infrastructure and deliver a project that will bring EV charging stations to neighbourhoods across Metro Vancouver.
  • We believe electric cars are an important solution in reducing greenhouse gases, and these charging stations are a crucial component in making that happen."

Georgia Power set to enable electric vehicle fast charging access across major travel corridor

Retrieved on: 
Tuesday, March 2, 2021

ATLANTA, March 2, 2021 /PRNewswire/ --With an increase of electric vehicles (EVs) on Georgia roads every day, Georgia Power is committed to assisting customers with access to efficient and reliable charging options.

Key Points: 
  • ATLANTA, March 2, 2021 /PRNewswire/ --With an increase of electric vehicles (EVs) on Georgia roads every day, Georgia Power is committed to assisting customers with access to efficient and reliable charging options.
  • This effort, called the "Electric Highway Coalition," represents an unprecedented level of coordination to increase charging options along major highway routes from Texas to Washington, D.C., and provideeasier access to environmentally friendly vehicle options for drivers.
  • "As the sixth largest market nationally for EV fast charging, Georgia Power is committed to continuing growth of EV infrastructure across the state and providing increased access to customers looking to drive electric," said Nicole Faulk, senior vice president for customer and corporate services.
  • Georgia Power also supports 24 charging stall stations through Electrify America, Tesla and the EVgo Fast Charging Network.

Southern Company joins other utilities in plans for electric vehicle charging network

Retrieved on: 
Tuesday, March 2, 2021

ATLANTA, March 2, 2021 /PRNewswire/ -- Southern Company joins five other energy companies today in announcing plans to ensure electric vehicle (EV) drivers have access to a seamless network of charging stations connecting major highway systems across significant regions of the country.

Key Points: 
  • ATLANTA, March 2, 2021 /PRNewswire/ -- Southern Company joins five other energy companies today in announcing plans to ensure electric vehicle (EV) drivers have access to a seamless network of charging stations connecting major highway systems across significant regions of the country.
  • Southern Company and the other companies are each taking steps to provide EV charging solutions within their systems' service territory.
  • With collaborative efforts like the Electric Highway Coalition, energy companies demonstrate to customers that EVs are a smart choice regardless of distance.
  • Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries.

United States Electric Commercial Vehicle Market Report 2021: Government Incentives and Charging Infrastructure Development by Public and Private Entities to Boost Uptake of Electric Buses and Trucks - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 2, 2021

The "Technology Innovation Driving the Transformation of the US Electric Commercial Vehicle Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Technology Innovation Driving the Transformation of the US Electric Commercial Vehicle Market" report has been added to ResearchAndMarkets.com's offering.
  • The electric bus segment shows a slight decline, whereas the electric truck market reflects a slight increase.
  • The electric commercial vehicle market also faces serious competition from alternative fuel-powered vehicles, which are gaining prominence.
  • 2019 Market Snapshot - Electric Trucks: Electric Commercial Vehicle Market
    Sales by Model and OEM - Electric Trucks: Electric Commercial Vehicle Market
    2019 Market Snapshot - Electric Buses: Electric Commercial Vehicle Market
    Sales by Model and OEM - Electric Buses: Electric Commercial Vehicle Market
    Charging Stations - Demand Forecast by Charging Type and Region: Electric Commercial Vehicle Market
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210302005903/en/

Beam Global Announces 12% Increase in Energy Output from EV ARC™ Solar-Powered EV Charging System

Retrieved on: 
Thursday, February 25, 2021

SAN DIEGO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced improvements in the performance of the EV ARC sustainable EV charging system of up to 12%.

Key Points: 
  • SAN DIEGO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM , BEEMW), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced improvements in the performance of the EV ARC sustainable EV charging system of up to 12%.
  • The EV ARC 2020 system now delivers up to 265 e-miles in a day.
  • All three models of the transportable, off-grid EV charging system now provide more range while unit pricing remains unchanged.
  • Products include the patented EV ARC and Solar Tree lines with BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media and disaster preparedness packages.