Chinese EVs are here, and “Western” automakers are in trouble. That was the message EV journalists brought home from the CES show. Prolific EV industry pundit James Carter noted that few of the legacy automakers had any EVs on display at CES—the Sony/Honda partnership Afeela rehashed a concept car that’s been kicking around the shows… Read more »
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Why did European EV sales take a tumble in August?
European registrations of new battery EVs dropped sharply in August. According to JATO Dynamics, monthly sales fell by 36% compared to 2023, the largest drop recorded since January 2017. BEV market share fell from 21.8% in August 2023 to 16.6% in August 2024. Time to close up shop here at Charged, and go back to… Read more »
EU imposes hefty provisional tariff increase on subsidized Chinese EVs
The European Union has taken steps to raise tariffs on electric vehicles manufactured in China with provisional duties. The European Commission, the EU’s executive arm, said that the provisional results of its investigation into Chinese EV subsidies had found that the country’s value chain “benefits from unfair subsidization.” Such subsidization, in turn, is causing a… Read more »
Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast)
Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Three recent accounts stand out from the pack. These articles cover three different aspects of the tragic tale, but all are authoritative, fact-filled pieces written by journalists with first-hand knowledge of what’s going on in the Middle Kingdom, and I recommend that… Read more »
EV lithium consumption rises 40% in 2023, led by Europe and Americas
Adamas Intelligence data shows that 408,214 tonnes of lithium carbonate equivalent (LCE) were deployed globally in new passenger EV batteries last year, up by 40% from 2022. Europe and the Americas accounted for 40% of global deployment, rising by 38% to 163,423 tons in 2023. Across the three continents, Tesla took the top spot with… Read more »
Polestar 3 goes into production in China, production to start in South Carolina later this year
Things are moving along briskly at electric automaker Polestar. The company has begun production of its third model, the Polestar 3 SUV, in Chengdu, China. Importantly for US buyers, production is also slated to begin in South Carolina in mid-2024. The company has successfully completed a production test series at its Carolina plant. “This stunning… Read more »
The US and EU take different approaches to the threat of Chinese EV imports
Governments in North America and Europe are seriously concerned about China’s growing dominance of the EV industry. Chinese automaker BYD recently surpassed Tesla as the world’s leading seller of EVs, and it’s only one of several Chinese-owned brands that are already selling cars in the US and the EU. However, the world’s #2 and #3… Read more »
Volvo to produce its last diesel car in 2024
Volvo Cars has announced an end to the production of diesel-powered models by early 2024. In November 2022, Volvo sold its stake in Aurobay—a joint venture company that represented the last of its combustion engine assets—and ceased to invest in ICE research and development. The automaker has said its lineup will be fully electric by… Read more »
Letter from London: Red buses, black cabs and private cars are going electric
Traveling in Europe (and nearby countries) these days is in some ways like traveling to the future. London has been an electrification leader for some years, and the streetscape this summer looks even more electric than it did on my last visit 4 years ago. I saw no evidence of the “hollowing out” of downtown… Read more »
Updated Chevrolet Bolt EV coming, using newer Ultium cells
The other shoe has dropped on GM’s decision to take its only volume EV model out of production: a revised Bolt using the new Ultium battery is coming. General Motors CEO Mary Barra said this morning an updated Chevrolet Bolt EV will come to market “on an accelerated timeline,” with new Ultium battery cells replacing… Read more »