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Booming Electric Vehicle Market

Booming Electric Vehicle MarketElectric vehicles (EV) will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to new research published by Bloomberg New Energy Finance. Automaker worldwide are speeding up their efforts to develop EV – mainly due to potential high demand from China. The country has become the world’s biggest supporter of EV. Beijing has already called for 1 out of every 5 cars ...

buying electric car charging

Oil companies and utilities are buying up all the electric car chargingPublic charging infrastructure is ramping up almost everywhere, and each region has its own unique mix of players, says BNEF. In Europe, 79% of the public charging infrastructure is operated by utilities and oil companies. In the US, 62% of the market is managed by pure-play EV operators. In China, equipment manufacturers control the majority.So far, European firms are making the biggest moves. The most recent move was Royal ...

EV Charger Consulting

EV Charger Infrastructure ConsultingAEVT provides nationwide safe, reliable and robust electric vehicle charging solutions. Our experienced consultants can help you plan your EV charger selection and installation from start to finish – from site verification and feasibility through permitting and city approvals, to charger and software selection, and all necessary steps, including the commissioning of the final installation.Click to know more

Growing Electric Vehicle Charging Business

EV sales are rising, and an eclectic mix of companies are getting into the charging game. Utilities like Duke see a revenue opportunity that could slip away.With electric vehicle sales climbing, utilities are investing in thousands of new EV charging stations, recognizing that if they don't move now, they could lose out on a growing and increasingly competitive market.A lack of charging stations has been an impediment to electric vehicle sales in many parts of the country, but that landscape ...

Local lithium-ion batteries manufacturers in India

The development has come close on the heels of the Prime Minister’s Office (PMO) directing that most of the incentives of Rs 5,500 crore earmarked for the second phase of the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) India Scheme be used to encourage local manufacturing of lithium-ion batteries, which form the core of electric vehicles. Though sales of electric vehicles have remained limited due to high costs and lack of charging infrastructure, industry insiders informed, the ...