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EV Sales Surge in 2024
China's EV Sales Soar 40 Percent Amid Gasoline Plunge
China's electric vehicle market experienced a record-breaking year in 2024, with sales surging over 40 percent, industry data revealed.
Global EV sales surge 25% in 2024, led by China
Global electric vehicle and plug-in electric vehicle (PHEV) sales hit a record in 2024 as booming growth in China and other parts of the world made up for weakness in Europe. EV and battery research firm Rho Motion reported that global electrified vehicle sales jumped 25% to 17.
EV Sales Surge in 2024 as China Leads, Europe Stabilizes
Global sales of fully electric and plug-in hybrid vehicles (EVs) soared by 25.6% in 2024, reaching over 17 million units, driven by record December sales and steady growth in China. Research firm Rho Motion
China's EV sales surge in 2024; foreign automakers struggle in shifting market
Domestic sales of all types of electric vehicles rose by 40% in 2024; sales of gasoline powered cars tumbled, including foreign imports
China's EV market faces slowdown after 42% surge; 20% growth predicted in 2025
China's electric car boom came about primarily because of the country's subsidies and incentives on electric vehicles (EVs).
GM, China
GM inks multibillion-dollar deal for synthetic battery materials that would bypass China
Once Norway's Vianode launches production in North America, the deal will run through 2033. The new plant could be in the U.S. or Canada.
GM sidesteps China with synthetic graphite for EV batteries from US
The deal runs from 2027, when Vianode expects to begin producing synthetic graphite at a new North American plant, to 2033, according the companies. The material will be used in battery cells manufactured by the Ultium Cells LLC joint venture between GM and battery supplier LG Energy Solution.
GM looks to make cheaper EV batteries after signing multi-billion-dollar deal
The agreement “covers development of large-scale manufacturing capacity and supply of synthetic anode graphite towards 2033.”
2d
Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric ...
1d
Volkswagen Deliveries Drop on China Slump and EV Struggles
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese ...
Interesting Engineering on MSN
6d
China’s new EV battery charges 80% in 8.5 minutes, packs 185 Wh/kg energy punch
Svolt Energy unveils the Fengxing Short Blade Battery, recharging 10-80 percent in 8.5 minutes with 6C tech and 185 Wh/kg ...
6d
China's EV exports seen stalling in 2025
China's auto exports are estimated to slow notably this year after holding the export crown for a second year in 2024, with ...
12d
China proposes fresh export curbs on EV technology
Beijing is planning to curb the export of technology used to extract minerals critical for the growth of the global electric ...
7d
China Renews Car Trade-In Subsidy to Boost Hybrid, EV Sales
China has renewed a trade-in subsidy of up to 20,000 yuan ($2,730) to help underpin sales of fuel-efficient vehicles, ...
1h
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,350 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,425 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,502 BMI Nickel ...
1d
on MSN
3 No-Brainer EV Stocks to Buy Right Now for Less Than $1,000
Nio is another major EV maker in China. It produces a wide range of sedans and SUVs, and it differentiates itself from its ...
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