Lithium and electric vehicles (EVs) have taken center stage in decarbonizing the transportation sector. The demand for lithium—a crucial component in battery technologies—is surging alongside the rapid growth of EV adoption. A recent report by the International Council on Clean Transportation (ICCT), “A Global and Regional Battery Material Outlook”, captured this trend. The report further…
Now that the shine and allure of being the ‘new fad’ and government subsidies are starting to wear off – along with a marketplace full of super-saturated competition and robust supply – EVs simply aren’t selling. That was the topic of a new FT report that claims the auto industry’s shift toward EVs, once seen…
The IEA is an intergovernmental body based in Paris. (Image: Bloomberg) 4 min read Last Updated : Oct 16 2024 | 10:25 AM IST An increasing shift toward electric vehicles globally, especially in China, is poised to disrupt the global oil market, according to a report released Wednesday by the International Energy Agency. …
NEW DELHI: The global electric vehicle (EV) market is set to grow significantly in coming years, with projections indicating it could reach $ 2,108 billion by 2033, according to a Axis Securities report.The market currently valued at $255 billion grew at a compound annual growth rate (CAGR) of 23 per cent from 2024 to 2033.The…