Worldwide Electric Vehicle Motor Industry to 2024 – Featuring Continental, Tesla & BYD Auto Among Others

The “Technology Landscape, Trends and Opportunities in the Global Electric Vehicle Motor Market” report has been added to ResearchAndMarkets.com’s offering.

The technologies in electric vehicle motor have undergone significant change in recent years, with brushed DC motors to brushless DC motors. The rising wave of new technologies, such as torque accuracy, and robust limp-homes are creating significant potential for electric vehicle motor in various vehicle platforms due to their reversibility, and reduction in noise pollution properties.

In this market, various technologies, such as weakening control, torque accuracy, and robust limp-home are used in the battery electric vehicle, hybrid electric vehicle, and plug in hybrid electric vehicle applications. Increasing demand for improving the driving range of electric vehicles, and stringent government regulations regarding vehicular emission are creating new opportunities for various electric vehicle motor technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of

Read More

Read More

Lithium Americas Corp soars on California’s push toward electric vehicles

  • NYSE:LAC has stabilized around $15 after last week’s late surge. 
  • Lithium Americas Corp is benefiting from California’s drive toward electric cars. 
  • The firm’s sky-high predictions also boost the stock price.

California paves the way forward – whether for privacy regulations or for vehicles. The Golden State, which is the home of Silicon Valley, announced a ban on vehicles running on combustible engines by 2035. The goal is to push forward the usage of electric cars, which do not directly pollute the air.

EVs run on batteries, and the most significant component is lithium – and that is where Lithium Americas Corp comes into play. California Governor Gavin Newsom announced the ban on September 23, and that marks the low point for NYSE: LAC shares. 

Since then, it has been on the rise, accelerating its gains in recent days. 

Another positive factor boosting the firm is its own rosy predictions.

Read More

Read More

As Electric Cars Reach Europe’s Mainstream, Expect Some Inconvenient Facts

Sales of electric cars are booming in Europe and as they become ubiquitous, some home truths will be unavoidable.

According to Brussels-based green lobby group Transport & Environment (T&E), sales of mainly battery electric vehicles (BEV), and plug-in hybrid electric vehicles will account for 10% of sales in Europe this year, and 15% next year. That compares with just 3% in 2019.

The surge in mainly BEVs compares with the disastrous but probably temporary dive in internal combustion engine (ICE) powered vehicles. But the rapid acceleration in sales means electric cars are moving away from early adopter buyers who are rich, to more mainstream and value seeking sections of the market.  

These “cheaper” BEVs still cost more than twice as much as their ICE equivalents

Read More

Read More

Affordable Electric Car of the Year 2020: Renault Zoe

The Zoe came of age in its second generation, and for many reasons. But we’ll start with arguably the most important one for an electric car: range.

Thanks to its 52kWh battery, the Zoe offers up to 239 miles of range, which is more than EVs costing much, much more than the Renault. It bolsters this performance with strong charging capability, too, with 50kW rapid-charging technology available, which will allow the Zoe’s battery to be replenished to 80 per cent in as little as an hour and 10 minutes.

However, the Zoe is a compact EV that most buyers will probably use for shorter trips, so you might not need to charge the car for two weeks at a time, depending on how you use it. Overnight charges from a home wallbox will take around nine hours and 25 minutes.

If you don’t think you’ll need rapid-charging capability, you can

Read More

Read More

Electric cars to triple market share in Europe amid COVID-19, researchers say

BRUSSELS (Reuters) – Electric vehicles made up 8% of car sales in Europe in the first half of 2020, putting them on track to triple their market share this year, according to analysis by the NGO Transport & Environment (T&E).

FILE PHOTO: A battery charger sign for electric cars is painted on the ground of a parking ground near the soccer stadium in Wolfsburg, Germany, April 6, 2016. REUTERS/Kai Pfaffenbach

While the novel coronavirus pandemic has seen overall car sales plummet, sales of electric cars – which T&E defined as both battery and plug-in hybrid models – have increased.

This saw electric cars more than triple their market share in the European Economic Area (EEA), compared with the first half of last year, T&E said.

Outright sales of such vehicles are expected to roughly double this year, to one million units, it said.

T&E attributed the sales increase to tougher

Read More

Read More

The RBW Classic Roadster Is An Electric MGB With A Six-Figure Price Tag

British EV specialist RBW has been in the business of converting classic cars to run electric powertrains for a while now, but has recently leapt into bespoke automaking by announcing the MGB-inspired RBW Electric Classic Roadster. Just note that this electric sports car is a far cry from MG’s original affordable classic–it’s an extremely luxurious option, costing five times what an original Roadster would now but with a lot of modern technology.



a car parked on a city street


© Provided by The Drive


Now owned by China’s SAIC, MG itself has been making relatively affordable, modern EVs for a while now, but it never got as far as revisiting the classic roadster, a 1960s icon that was immensely popular on both sides of the Atlantic.

The good news is this MGB can roll up to the Goodwood Revival in a more sustainable way (ecologically, albeit not financially) without any old chassis even having to get gutted.

Read More

Read More

Tesla Model 3 Price Too High? Dirt-Cheap Used Electric Cars Can Be Good Deals

The used EV has arrived.

It was only nine years ago that the first won’t-break-the-bank electric cars arrived.

Those non-Tesla EVs — like the Nissan Leaf and Chevy Volt — weren’t priced at $80,000 like the Model S and the first- and second- generations of those cars have been hitting the used car market over the last several years.

And with a Long Range 2020 Tesla Model 3 starting at about $47,000, “dirt cheap” for an EV is anything under $20,000.

A couple of the better sites for used EVs are MYEV and CarGurus.

Most of the used EVs cited below are first- and second-generation electrics that were sold roughly between 2011 and 2017.

Note: all prices are based on a used vehicle

Read More

Read More

UK drivers ‘unaware’ of government’s electric car grant

Nearly a third of UK drivers are more likely to purchase an electric car once informed of the scheme. Photo: Chuttersnap/Unsplash
Nearly a third of UK drivers are more likely to purchase an electric car once informed of the scheme. Photo: Chuttersnap/Unsplash

Two in five UK drivers do not know there is a government grant available for buying an electric car, research suggests.

The plug-in grant offers savings of up to 35% off the purchase price of qualifying vehicles, up to a maximum of £3,000 ($3,915).

With the average cost of an electric car currently up to double that of a standard vehicle, it’s a purchase beyond the means of many drivers, which is why the government launched the grant in March, to encourage the purchase of low-emissions cars.

However, 41% of drivers are “unaware” of the government’s flagship electric vehicle discount scheme, according to a survey of 4,000 by HonestJohn.co.uk.

There is a growing preference for alternative fuel cars in general, with half the nation (48%) considering buying one next

Read More

Read More

Germany Mounts Car-Sales Comeback Powered by Electric Models

(Bloomberg) — Germany’s car market expanded for the first time this year, as sweeter incentives for battery-powered vehicles led Europe’s biggest auto market out of a deep slump.

Loading...

Load Error

Almost a sixth of cars registered last month were plug-in hybrids or battery-electric models, Germany’s trade group VDA said Friday. Demand for those vehicles more than quadrupled from a year ago, supporting an 8.4% gain in total sales.

Germany boosted subsidies this summer to as much as 9,000 euros ($10,600) for electric vehicles and 6,750 euros for plug-in hybrids to help an industry decimated by the coronavirus pandemic get back on its feet. The nation’s auto sector was already reeling from the effects of trade wars prior to the pandemic, with car production slipping to a 23-year low last year.

Read more: Electric-Car Subsidies Render Renaults Free in Germany

While total sales advanced in September, registrations in the first nine

Read More

Read More

Electric cars really do cost less to own than gas-powered vehicles, report says

Electric car manufacturers have long claimed their vehicles are ultimately less expensive to own than their gas-powered counterparts, and it now looks like that wasn’t just classic marketing spin. Consumer Reports has published a study indicating that the most popular EVs are less expensive to own over their lifespans than the best gas cars in their respective classes. Among EVs under $50,000, you’d typically see costs drop between $6,000 to $10,000 versus a combustion engine car.



a car parked on the side of a road: Tesla Model 3


Tesla Model 3

The Tesla Model 3 delivered the most value in CR’s findings. The entry-level luxury EV represented a $15,000 savings compared to not only the best-selling car in its class (the BMW 330i), but also the best-rated (the Audi A4). This was generally true across the board, including plug-in hybrids as well as estimates for upcoming vehicles like Ford’s Mustang Mach-E. The savings could be particularly large if you buy a

Read More

Read More

1 2 3 10