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Canada’s goal of having electric vehicles (EVs) make up 60 per cent of new vehicle sales by 2030 is increasingly looking unattainable, according to the president of the Global Automakers of Canada, and its keeping his members awake at night. “Canada is going to have to spend about $1.4
Key markets in the electric vehicle (EV) transition are falling behind in their goals for public charging infrastructure, according to McKinsey. Europe, and the UK are significantly behind the number of charging points needed to meet growing EV demand by 2030. The data reveals that the U.S., This represents a 550% increase.
Key markets in the electric vehicle transition are falling behind in their stated goals for public charging infrastructure, according to the latest figures. are more than six times behind the number of charging ports needed to meet growing EV demand by 2030. Europe, and the U.K. Europe, and the U.K. Europe needs a 5.5-fold
The used vehicle market is facing significant supply challenges and a course correction isnt expected for many years to come. Daniel Ross, senior manager of industry insights and residual value strategy at Canadian Black Book described the current state of the used vehicle market as a “horror story.”
As the automotive industry shifts towards a more sustainable future, electric vehicle (EV) sales have become a key indicator of progress. What This Means for Aspiring Automotive Technicians The anticipated growth in EV sales underscores the increasing demand for skilled hybrid and electric vehicle mechanic s capable of servicing them.
Canadian used vehicle prices have stabilized in recent times but still remain elevated. Meanwhile, electric vehicle pricing is still higher than what would be considered affordable to consumers. Turning to electric vehicles, Ross discussed the complexities of value retention for EVs and plug-in hybrids.
The report, The Commercial EV Transition: Global Insights on a Mixed-Energy Fleet Future from by Frost & Sullivan, commissioned by WEX, outlined crucial findings for businesses managing fleets with both electric vehicles (EVs) and internal combustion engine (ICE) vehicles.
Expected changes by 2030 Looking ahead to 2030, Lang Marketing projects notable shifts in the generational composition of the DIFM market. By that time, Baby Boomers DIFM share is expected to drop to below 12 per cent, while Gen Xers share will sit and stay at around 36 per cent.
According to the study, 80% of mixed-energy fleet operators intend for at least 25% of their fleets to be comprised of electric vehicles (EVs) by 2030 and 42% stated that half or more of their fleet would be composed of EVs by 2030. “
The Detroit 2030 District (District) announced the launch of its groundbreaking program to assist its building members with installing Electric Vehicle (EV) charging stations. The post Detroit 2030 District Launches EV Charging Infrastructure Program appeared first on Brake & Front End.
The Detroit 2030 District (District) announced the launch of its groundbreaking program to assist its building members with installing Electric Vehicle (EV) charging stations. The post Detroit 2030 District Launches EV Charging Infrastructure Program appeared first on Tomorrows Technician.
with a lively debate about the future of electric vehicles. The post PODCAST: The great EV debate & plotting a path to 2030 appeared first on Auto Remarketing. We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz.,
A new report highlighted just how much cheaper electric vehicles need to get in Canada to reach mandated sales levels. Last December, the federal government unveiled its Electric Vehicle Availability Standard, which outlines zero-emission vehicle sales targets for automakers.
Monta , a Copenhagen-based platform for the electric vehicle (EV) charging ecosystem, announced the opening of its U.S. The company said it plans to connect 25,000 commercial charge points to its platform by the end of 2025 and 1 million charge points by the end of 2030. headquarters in Miami, FL.
Leading automotive industry associations are calling on the British Columbia government to pause and review its electric vehicle mandate, warning that the provinces Zero Emission Vehicles Act (ZEVA) targets are unrealistic and could lead to higher vehicle prices and job losses.
As an aspiring mechanic or automotive technician, understanding the role of hybrid and electrical mechanic training and hybrid and electric vehicles (EVs) in this shift is crucial. The Game Plan: Uber’s Shift to Electric Uber ’s mission to become a “fully green” platform by 2030 in the U.S., One such company is Uber.
Host Adam Malik talks to Brad Horn from Stellantis Canada about vehicle electrification as his company plans to have 50 per cent EV sales by 2030 the Canadian International AutoShow. Horn is the company’s product communications manager.
Hyzon has announced a purchase agreement for 12 hydrogen-powered refuse Fuel Cell Electric Vehicles (FCEVs) with GreenWaste. Hyzon added its FCEVs are the first hydrogen-powered refuse collection vehicles available for trial and purchase in North America. GreenWaste will be the first company in the region to operate them commercially.
Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.
By 2030, Lang estimated, digital natives will account for about 50 per cent of light vehicle aftermarket product volume. Internet, the primary resource Digital natives instinctively turn to the Internet as their first resource for diagnosing vehicle issues, estimating repair costs, and locating parts or repair services.
Beontag has partnered with Michelin to integrate RFID-enabled tires into commercial and passenger vehicles over the next two years. This innovative solution ensures compliance with the EU’s Ecodesign for Sustainable Product Regulations (ESPR), which mandate Digital Product Passports (DPPs) for tires by 2028-2030.
Canada is poised to become a global leader in the electric vehicle (EV) and hybrid technology industry. The country launched its first full-scale electric vehicle assembly plant and attracted high-profile investments in EV battery gigafactories from global giants like Volkswagen, Stellantis/LG, and Northvolt.
Demand for Electric Vehicle Technicians Will Continue to Grow As electric vehicles become more and more popular, the need for hybrid and electric vehicle technicians will continue to grow. Among consumers, range anxiety remains a significant deterrent for purchasing hybrid and electric vehicles.
Tesla’s dominance in the EV market has been a double-edged sword for the company: On one hand, they have the top market share in North America; on the other, their vehicle owners are plagued by long wait times and dissatisfied customer service.
Toyota Motor North America and local energy utility Pepco are working together on vehicle-to-grid (V2G) research for battery electric vehicles (BEVs) using a Toyota bZ4X. By 2030, Toyota said it aspires to offer 30 BEV models globally across its Toyota and Lexus brand nameplates and produce up to 3.5 million BEVs annually.
Whether consumers want a gas-powered vehicle, one that is fully electric or a hybrid of some kind, automakers are giving people options. Halls of the north and south buildings of the Metro Toronto Convention Centre are filled with vehicles of various power types. The 2025 Canadian Utility Vehicle of the Year is the Hyundai Santa Fe.
The electric vehicle (EV) industry is on a robust growth trajectory in Canada, fueled by governmental ambitions, corporate investments, and a rich resource base. This growth necessitates a parallel evolution in the labour force, particularly among mechanics trained in electric and hybrid vehicle technologies.
Back in February 2021, the higher-ups at Ford of Europe pompously claimed that Ford's passenger vehicle lineup will be fully electric by 2030 in the EU and the UK. A little over three years later, the Blue Oval's European division has – rather unsurprisingly – backtracked from said promise. What happened, though?
While there is positive growth in the number of electric and plug-in hybrid electric vehicle sales, the rate of that growth hasn’t climbed the way initially expected. Although advancements in battery technology have extended EV ranges, they still fall short of the convenience offered by ICE vehicles. Canada has been an outlier.
Rather than diluting the lineup with a second utility vehicle, the Urus will soldier on as the brand's only sport utility vehicle. According to sales and marketing boss Federico Foschini, a second utility vehicle would not align with the Italian brand's DNA. The Raging Bull gets it.
Volvo was among the few carmakers that wanted to transition to an electric-only lineup by 2030, an ambition it outlined in March 2021. Volvo now announced that it wants plug-in and full electric models to account for over 90% of its lineup by 2030. continue reading. )
Back in February 2024, the Stuttgart-based automaker made it clear that internal combustion vehicles will be sold past 2030 due to slowing demand for battery-electric vehicles, which brings us to the GLS-Class. Mercedes-Benz AG intended to become fully electric by 2023 where market conditions allow.
Remember when Stuttgart's favorite son announced that it would go fully electric by 2030 in markets where conditions allow? In light of many governments – especially in Europe – reevaluating their planned bans on the sale of new combustion-powered vehicles, Merc decided to back off.
and Orano have signed a memorandum of understanding, aiming to establish a joint venture that would recycle end-of-life electric vehicle (EV) batteries and scrap from gigafactories in Europe and North America. billion, depending on the current exchange rate) in circular economy revenues by 2030. Stellantis N.V.
and Orano have signed a memorandum of understanding, aiming to establish a joint venture that would recycle end-of-life electric vehicle (EV) batteries and scrap from gigafactories in Europe and North America. billion, depending on the current exchange rate) in circular economy revenues by 2030. Stellantis N.V.
and Orano have signed a memorandum of understanding, aiming to establish a joint venture that would recycle end-of-life electric vehicle (EV) batteries and scrap from gigafactories in Europe and North America. billion, depending on the current exchange rate) in circular economy revenues by 2030. Stellantis N.V.
BP celebrated the opening of its new electric-vehicle charging site at its BP America headquarters in Houston, TX, expanding its network of EV chargers in the US. This project will bring fast, reliable charging to EV drivers when and where they need it, helping support faster electric-vehicle adoption in the US.
The Government of Canada has taken a significant step towards increasing the availability of electric vehicles (EVs) by finalizing its new Electric Vehicle Availability Standard. To support the transition to electric transportation, the Canadian government has committed $1.2 billion to establish 84,500 chargers by 2029.
The Government of Canada has taken a significant step towards increasing the availability of electric vehicles (EVs) by finalizing its new Electric Vehicle Availability Standard. To support the transition to electric transportation, the Canadian government has committed $1.2 billion to establish 84,500 chargers by 2029.
“Through construction of the second battery plant of StarPlus Energy, Samsung SDI will be establishing its largest production base for electric vehicle batteries in North America,” said Yoon-ho Choi, president and CEO of Samsung SDI. “We transition to an era of electric vehicles.”
“Through construction of the second battery plant of StarPlus Energy, Samsung SDI will be establishing its largest production base for electric vehicle batteries in North America,” said Yoon-ho Choi, president and CEO of Samsung SDI. “We transition to an era of electric vehicles.”
Williams listed an additional four other goals to achieve by 2030 as well, calling the company’s ambitions “ST5 2030.” Jensen said PLT tire shipments into the US remained flat in 2030, however, the light truck segment declined and vehicle age is rising. A lot of the vehicles are continuing to age out.
The 2023 Joint EV Trends and Outlook Forecast report shows that battery electric vehicles (BEVs) sales are projected to account for 9% of total US light vehicles sales in 2023, growing to 35% by 2030. By the end of this decade, one in 10 new vehicles in the U.S.
The 2023 Joint EV Trends and Outlook Forecast report shows that battery electric vehicles (BEVs) sales are projected to account for 9% of total US light vehicles sales in 2023, growing to 35% by 2030. By the end of this decade, one in 10 new vehicles in the U.S.
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