Global Surge in EV Adoption Global electric vehicle sales have surged by 27% so far in 2025, defying expectations amid varying regional policies and market dynamics. This robust growth, reported in a recent analysis by CleanTechnica, highlights the resilience of the EV sector even as some major markets face headwinds. The increase encompasses both battery…
Phoenix Motor (NASDAQ:PEV) announced that its subsidiary EdisonFuture International has signed a strategic agreement with Beijing Guorun Venture Capital to establish a RMB 1 billion (USD 140 million) M&A investment fund. The fund will support the acquisition and development of EV manufacturing sites in China. Under the…
Delray Beach, FL, March 12, 2025 (GLOBE NEWSWIRE) — EV market size is projected to grow from USD 396.49 billion in 2024 to USD 620.33 billion by 2030, at a CAGR of 7.7%, as per the recent study by MarketsandMarkets™. A combination of environmental, economic and technological factors is propelling the global market for electric…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! This past year’s EV sales slump was a slowdown in the pace of acceleration, not an indication that the driving public is souring on electric mobility. Exhibit A comes from the automotive data firm AutoMotive, which has…