Jan 4, 2025 · The funding round will run from January 21, 2025 through April 30, 2025. Illinois residents that purchase a qualifying new or used all-electric passenger vehicle ($4,000) or all-electric motorcycle ($1,500) from an Illinois licensed dealer are eligible for the rebate.

Jan 21, 2025 · China’s rise as a superpower in the electric vehicle (EV) industry has reshaped global supply chains, and at the centre of this transformation is Contemporary Amperex Technology Co. Ltd. (CATL). As the world’s largest EV battery maker, CATL has become a critical player in the clean energy transition – and a lightning rod for geopolitical ...

Apr 28, 2024 · The US Environmental Protection Agency, for instance, proposes two-thirds of new vehicles sold in the US be EVs by 2035, up from the current 7.6% US new vehicle market share. Canada, the UK and the EU want all passenger vehicle sales to be zero-emissions by 2035.

May 11, 2023 · Among recently announced initiatives are Japanese automaker Toyota targeting 3.5 million annual electric car sales by 2030; Ford announcing one-third of sales to be fully electric by 2026; and Volvo to become a fully electric car company by the end of the decade.

Mar 5, 2018 · In reality, though, driving an electric car is still far more environmentally friendly than driving a gasoline-burning vehicle, which typically produce about 250 grams of CO2 per mile, BNEF says. BNEF also points out that electric vehicles were 39% cleaner on average than using internal combustion engines in 2016.

Sep 24, 2018 · Yet the growing market for electric cars may be causing harm to people in one of the world’s most vulnerable countries. A legacy of conflict and exploitation Dangerous working conditions, risks to people’s health, and child labour are a huge problem in the cobalt mines of the Democratic Republic of the Congo (DRC).

Mar 27, 2019 · Last year, 2.1 million new electric vehicles were sold worldwide. China is the world’s largest electric car market, accounting for 1.2 million - 56% of all electric vehicles sold in 2018. China also accounts for 99% of sales of electric trucks, buses, motorcycles and scooters.

Jun 29, 2021 · By the end of 2020, there were 10 million electric cars on the road. Electric car incentives are helping to increase sales of electric vehicles (EVs) worldwide. New Zealand is the latest country to offer cash rebates for switching to EVs. Tax bonuses in Norway have closed the price gap between EVs and conventional cars.

Sep 26, 2024 · The growth of electric vehicles is unstoppable. Major changes such as improved battery range, catalyzed by supportive government policy, have resulted in a boom in sales of EVs in recent years. Accounting for only 1% of new car sales globally in 2015 , the latest figures show 14 million EV sales globally in 2023, accounting for around 18% of ...

Dec 20, 2021 · Some critics of electric vehicles note that the “greenness” of an electric vehicle’s charge is dependent on how clean the power is in the grid it’s plugged into. In New England, for example, the regional grid operator primarily generates electricity through natural gas, according to a U.S. Energy Information Administration database .