EV sales will continue to grow despite the mixed near-term outlook, according to a new report from BloombergNEF – here’s why.
Expand Expanding CloseEV sales aren’t ‘lagging’ – they’re headed for long-term growth
Author
Michelle Lewis is a writer at Electrek. She has previously worked for Fast Company, The Guardian, News Deeply, Time, and others. She lives in Massachusetts.
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Cybertruck sales in May boosted Tesla’s 2024 ATPs by more than 10%
Tesla prices, which bottomed out in late 2023, are estimated to have increased by 3.1% month-over-month to $57,369 in May, reports Kelley Blue Book.
Expand Expanding CloseThe world’s only coal-to-nuclear reactor plant just broke ground in Wyoming
Bill Gates’ TerraPower broke ground yesterday on its Natrium nuclear reactor plant, making it the first advanced reactor project ever to start construction.
Expand Expanding CloseGermany is No 1 in Europe for EV production, No 2 in the world
Germany’s automakers manufactured around 1.27 million BEVs and PHEVs in 2023, putting it at No. 2 behind China, but 2024 will be bumpy.
Expand Expanding CloseFLO’s new Ultra DC fast chargers can charge EVs to 80% in 15 minutes
The first FLO Ultra DC fast chargers are rolling off the assembly line at the company’s Auburn Hills, Michigan, factory – and they’re pretty powerful.
Expand Expanding CloseA major US offshore wind hub just broke ground in New York City
Today, the South Brooklyn Marine Terminal (SBMT) broke ground, kicking off the transformation of the historic port into an East Coast offshore wind hub.
Expand Expanding CloseIn a world first, China installs an 18 MW offshore wind turbine
China has installed an 18-megawatt (MW) offshore wind turbine – the world’s largest by power rating – in Guangdong province.
Expand Expanding CloseHitachi Energy invests a further $4.5B to expand the electricity grid
Hitachi Energy will invest an additional $4.5 billion by 2027 to strengthen the electricity grid and accelerate the clean energy transition.
Expand Expanding CloseBig Bus Tours adds 40 electric sightseeing buses to its fleet
Global open-top tour bus operator Big Bus Tours has added 40 electric sightseeing buses to its fleet in time for the summer holiday season.
Expand Expanding CloseGermany set a new renewable power generation record in Q1
In a record-breaking start to 2024, renewable energy supplied 58.4% of all electricity generated in Germany during Q1 – the highest percentage since tracking began in 2018.
Expand Expanding CloseThe VW ID.4 lease price is now the same as the Tesla Model Y
If you’re looking to lease an EV, there’s a great deal to be had on the 2024 VW ID.4 – Volkswagen cut lease pricing by almost $100 a month.
Expand Expanding CloseThe US installed more solar in Q1 2024 than it did in all of 2018
In Q1 2024, the US saw the largest quarter of solar manufacturing growth in its history, bringing its total installed capacity to 200 GW.
Expand Expanding CloseFinland’s Kempower just opened a DC fast charger factory in North Carolina
Finnish EV charger manufacturer Kempower officially opened its first US DC fast charger factory in Durham, North Carolina.
Expand Expanding CloseThe US is putting enough solar to power 70,000 homes on old nuclear weapons sites
The US Department of Energy (DOE) is going to repurpose sites previously used in the nuclear weapons program into solar farms.
Expand Expanding CloseGreenPower just launched a new electric refrigerated delivery truck
Today, GreenPower (Nasdaq: GP) debuted its latest electric truck offering, the electric refrigerated medium-duty delivery truck, the EV Star REEFERX.
Expand Expanding CloseTesla Energy x SPAN pair up to offer a home battery storage bundle
Tesla Energy and smart electrical panel maker SPAN have launched the SPAN + Tesla Powerwall 3 bundle, a smart home battery backup system.
Expand Expanding CloseThomas Edison’s birthplace is now powered by solar
Thomas Edison’s birthplace and museum in Milan, Ohio, is now officially powered by a donated rooftop solar system.
Expand Expanding CloseThe world’s largest solar farm just came online in China
The world’s largest solar farm, in the desert in northwestern Xinjiang, is now connected to China’s grid.
Expand Expanding CloseWe’re closer to tripling renewable energy capacity by 2030 than we look – IEA
Governments are rolling out renewables at a record pace, and tripling capacity by 2030 is within reach – it’s time to make Paris Agreement targets official.
Expand Expanding CloseThis accordion-style modular solar array withstands 166 mph winds
Australian company 5B’s modular solar array unfolds like an accordion and is designed to endure extreme weather and harsh environments.
Expand Expanding CloseHere’s why the Tesla Model 3’s lease deal is way better than the FIAT 500e’s
The 2024 FIAT 500e MSRP is $6,500 cheaper than the Tesla Model 3, yet it costs $100 per month less to lease the Model 3 – here’s why.
Expand Expanding CloseVermont becomes the first US state to pass a law requiring Big Oil to pay for climate damage
In a historic move, Vermont has become the first US state to pass a law that makes major fossil fuel companies financially responsible for climate change damages.
Expand Expanding CloseNew York is first in the US to deploy the Home Energy Rebates program
New York has become the first state to launch the Home Energy Rebates program, which helps low- and middle-income households save up to $14,000 on energy-efficiency upgrades.
Expand Expanding CloseDaimler Truck North America pairs up with Li-Cycle to recycle its EV batteries
Daimler Truck North America has partnered with Li-Cycle to recycle its end-of-life lithium-ion EV batteries.
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