EV Market

LGES, a supplier for Tesla, plans to increase investment in Arizona battery plant to $5.5 billion.

LG Energy Solution (LGES), a South Korean battery manufacturer and supplier for Tesla, has announced plans to increase its investment in its Arizona battery plant to $5.5 billion. The move comes as the demand for electric vehicles (EVs) continues to rise, and the need for reliable and efficient battery technology becomes more critical.The Arizona plant, which is currently under construction, is expected to be one of the largest lithium-ion battery plants in the world, with a production capacity of 35 gigawatt-hours (GWh) per year. The facility will produce batteries for

Lucid’s Retail Presence Grows in California with Continued Expansion

Lucid Motors, the electric vehicle (EV) manufacturer, has been making waves in the automotive industry with its innovative technology and sleek designs. The company's retail presence has been growing rapidly in California, with continued expansion in the state.Lucid's flagship store is located in Beverly Hills, California, and it features a state-of-the-art showroom that showcases the company's latest EV models. The store is designed to provide customers with an immersive experience, allowing them to explore the vehicles' features and capabilities.In addition to the Beverly Hills location, Lucid has opened several other

Tesla Should Address CCS Network Gaps With Magic Dock

Tesla is one of the leading electric vehicle (EV) manufacturers in the world. As such, they have a responsibility to ensure that their customers have access to the necessary charging infrastructure to keep their vehicles running. Unfortunately, Tesla has been slow to address gaps in their CCS network, which is the standard for charging EVs in Europe. This has left many Tesla owners unable to charge their vehicles when they are away from home. The good news is that Tesla has recently announced a new product called the Magic Dock.

Dacia Spring Leads as Plug-in Electric Vehicle Market Share in France Reaches 24% in February

2021 The electric vehicle (EV) market in France has seen a surge in popularity in recent years, and the trend is continuing in 2021. In February 2021, the plug-in electric vehicle (PEV) market share in France reached 24%, with the Dacia Spring leading the way. This is a significant milestone for France, as it is the first time that PEV market share has exceeded 20%. The Dacia Spring is a small, affordable EV that has been on the market since 2019. It is the first electric car from Dacia, a

Dacia Spring Leads France’s 24% Market Share of Plug-in Electric Vehicles in February

2021 The electric vehicle market in France is booming, and Dacia is leading the charge. In February 2021, the French car manufacturer Dacia held a 24% market share of plug-in electric vehicles (EVs) in the country. This is a significant increase from the 11% market share that Dacia held in 2020. The success of Dacia's electric vehicles can be attributed to the company's commitment to providing affordable and reliable EVs. The Dacia Spring, for example, is a small city car that has a range of up to 250 kilometers and

Dacia Spring Dominates French Plug-In Electric Vehicle Market with 24% Share in February

2021 The French plug-in electric vehicle (EV) market is booming, and Dacia Spring is leading the charge. According to a recent report, the Romanian carmaker had a 24% market share in February 2021, making it the top seller of EVs in France. This is a remarkable achievement for a relatively new entrant to the EV market, and it shows that Dacia Spring is quickly becoming a major player in the industry. The Dacia Spring is a small, affordable EV that has been designed to appeal to budget-conscious customers. It has

Dacia Spring Leads France’s Electric Vehicle Market with 24% Plug-in Share in February

2021 The electric vehicle (EV) market in France is booming, and Dacia Spring is leading the charge. According to the French Automotive Manufacturers Association (CCFA), Dacia Spring had a 24% share of the plug-in vehicle market in February 2021. This is a significant increase from the 9% share it had in January 2021. The Dacia Spring is a small, affordable electric car that was released in 2020. It has been a hit with consumers due to its low price, long range, and high efficiency. The car has a range of

Dacia Spring Leads France’s Electric Vehicle Plug-in Market with 24% Share in February

2021 The electric vehicle (EV) market in France is booming, and Dacia is leading the charge. In February 2021, the Romanian car manufacturer had a 24% share of the plug-in market in France, making it the top EV seller in the country. Dacia's success in France is due to its affordable, reliable vehicles. The company's Spring EV is a popular choice among French drivers, as it offers a range of up to 300 kilometers and a price tag of just €20,000. The Spring also has a low running cost, with

Dacia Spring Leads the Way as Electric Vehicle Plug-in Market Share in France Reaches 24% in February

2021 The electric vehicle (EV) market is rapidly growing in France and the Dacia Spring is leading the way. In February 2021, the plug-in market share in France reached an impressive 24%, with the Dacia Spring being the most popular EV. This is a major milestone for the EV industry in France, as it marks the first time that plug-in vehicles have achieved such a high market share. The Dacia Spring is a small, affordable EV that has been available in France since 2020. It is the first EV to

Tesla Global Layoffs: Is Elon Musk Signaling a Shift in the Automotive Industry?

In recent months, Tesla CEO Elon Musk has made headlines for announcing global layoffs in the company. The move has left many wondering if this signals a shift in the automotive industry as a whole. Tesla is one of the most well-known companies in the electric vehicle (EV) market, and its success has been largely credited to Musk's innovative leadership. However, the company has recently been facing financial difficulties, leading to the decision to lay off thousands of employees worldwide. The layoffs have been seen as a sign that Tesla

China’s Electric Vehicle Market Grows to 17% Market Share in January

2021 The electric vehicle market in China is booming. In January 2021, the market share of electric vehicles (EVs) in China rose to 17%, a new record high. This is a significant increase from the 11% market share EVs held in January 2020. The growth of China's EV market is being driven by a number of factors. Firstly, the Chinese government has been actively promoting the adoption of EVs. The government has implemented a number of policies to encourage the purchase and use of EVs, including subsidies, tax incentives, and

Chinese Electric Vehicle Market Sees 17% Market Share Increase in January

2021The Chinese electric vehicle (EV) market is booming, and the latest figures show that the market share of EVs in China increased by 17% in January 2021. This is a significant increase from the previous month, and it is indicative of the growing demand for electric vehicles in the country.China is the world's largest automotive market, and it has been investing heavily in electric vehicles for years. The government has set ambitious targets for the adoption of electric vehicles, and it has implemented a range of incentives to encourage consumers