Cheap vehicles, growing market share, a new super-fast charger — Chinese electric vehicle company BYD is taking the fight to Tesla, as the American EV maker’s global sales slump. The company made $170 billion in revenue in 2024, which beat market analysts’ predictions and soared past Tesla’s annual revenue of $155.5 billion. BYD reported a…
BANGKOK (AP) — China’s energy and auto giant BYD has announced an ultra fast EV charging system that it says is nearly as quick as a fill up at the pumps. BYD, China’s largest EV maker, said Monday that its flash-chargers can provide a full charge for its latest EVs within five to eight minutes,…
The 2025 US Electric Vehicle Experience (EVX) Ownership Study from J.D. Power tells us that more people are more satisfied with their EV experience than last year – and the EV owners who are the most satisfied with their rides can be found behind the wheel of the BMW iX. Now in its fifth year, the…
NEW YORK, Dec. 5, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global electric vehicle supply equipment (EVSE) market size is estimated to grow by USD 92.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.8% during the forecast period. Favorable government policies…
Irdeto and ChargeHub Strengthen EV Charging Market with Seamless Plug & Charge Integration and Roaming Solution. The strategic collaboration is set to define a new standard for secure, scalable, and efficient EV charging infrastructure in North America. (Photo: Business Wire) The strategic collaboration is set to define a new standard for secure, scalable, and efficient…
We’re talking about the adoption of electric cars in the four-wheeler passenger vehicle (PV) market. Elon Musk reignited the EV frenzy with Tesla, though even Tesla took more than a decade to make EV production cost-efficient. In India, Tata Motors led the charge with the Tata Nexon EV, launched in January 2020. Since then, Tata…
The global electric vehicle (EV) market, currently valued at $255 billion as of 2023, is expected to soar to $2,108 billion by 2033, according to a recent Axis Securities report. This remarkable growth will be driven by a compound annual growth rate (CAGR) of 23% from 2024 to 2033, reflecting a significant rise in global…
The global electric vehicle (EV) market, which is valued at $255 billion as of 2023, is expected to reach $2,108 billion by 2033, reported the news agency ANI, citing an Axis Securities report on Saturday, September 28. The growth will be fueled by a compound annual growth rate (CAGR) of 23 per cent from 2024…