Ev Spectrum’s Post

𝗨𝘀𝗲𝗱 𝗘𝗩 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟬. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 The report offers a comprehensive overview of the development of the Used Electric Vehicle (EV) industry chain, providing insights into the market status of Front Wheel Drive Electric Vehicles (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV)) and Rear Wheel Drive Electric Vehicles (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV)). It delves into key enterprises in both developed and developing markets, analyzing cutting-edge technology, patents, applications, and market trends within the Used EV sector. Geographically, North America and Europe are witnessing steady growth fueled by government initiatives and heightened consumer awareness, while Asia-Pacific, notably China, leads the global Used EV market due to robust domestic demand, supportive policies, and a strong manufacturing base. The report delivers a comprehensive understanding of the Used EV market, presenting a holistic view of the industry and detailed insights into individual components and stakeholders. Additionally, it analyzes market dynamics, trends, challenges, and opportunities, providing a thorough examination of the Used EV industry landscape. 𝗧𝗼 𝗞𝗻𝗼𝘄 𝗗𝗲𝗺𝗮𝗻𝗱 𝗼𝗳 𝗨𝘀𝗲𝗱 𝗘𝗩 𝗠𝗮𝗿𝗸𝗲𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dwMGVmCC *𝗕𝘆 𝗧𝘆𝗽𝗲: Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicles (PEV), Fuel Cell Electric Vehicles (FCEV) *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Front Wheel Drive Electric Vehicles, Rear Wheel Drive Electric Vehicles, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: AUDI AG, BMW Group, Hyundai Motor India Ltd., Jaguar Land Rover Italia, Mahindra and Mahindra Limited [Automotive and Farm Equipment Business], Mercedes-Benz AG, MG Motor AE, Olectra Greentech Limited, Tata Motors, Toyata City Motors Pvt. Limited #UsedEV #ElectricVehicles #EVMarket #SustainableTransportation #GreenMobility #CleanEnergy #EVIndustry #MarketAnalysis #SustainableMobility #BatteryElectricVehicles #HybridVehicles #RenewableEnergy #AutomotiveTechnology #MarketTrends #GreenTransport #EnvironmentalImpact #ChargingInfrastructure #CleanTransportation #VehicleReuse #CircularEconomy #AsiaPacificEV #NorthAmericaEV #EuropeEV

BloombergNEF provides some of the best information on the electric vehicle industry, and includes all segments of the automobile industry - bikes / trikes / cars / trucks / buses etc. BNEF also provides forecasts on the growth of the EV industry & the opportunity in different markets. Kudos to everyone involved in preparing this ‘Electric Vehicle Outlook 2024’ report… “Electric vehicle markets around the world are not all travelling in the same direction or at the same speed in 2024. Sales of EVs continue to rise globally, but some markets are experiencing a significant slowdown and many automakers have pushed back their EV targets. Progress varies by segment, with electric commercial vehicles set for another blistering year and segments like buses and two- and three-wheelers already reaching very high levels of electrification. China still dominates the global EV market, but sales are rising quickly elsewhere too. Electric vehicles are no longer only a wealthy country phenomenon. Developing economies like Thailand, India, Turkey, Brazil and others are all experiencing record sales as more low-cost electric models are targeted at local buyers.” “EVs of all types are already displacing 1.7 million barrels per day of oil usage, equivalent to about 3% of total road fuel demand.” Read more & download the report at: https://lnkd.in/gQ8qd3jv

At the 37th International Electric Vehicle Symposium (EVS37) held at COEX, Korea, the P3 Group unveiled its 2024 P3 Charging Index for Asia. This report compares the fast-charging capabilities of various battery electric vehicles (BEVs) from both Asian and global original equipment manufacturers (OEMs). >> The P3 Charging Index (P3CI) measures an EV’s ability to recharge to a range of 300 kilometres within 20 minutes from a 10% state of charge (SoC). A P3CI value of 1.0 represents this benchmark. Among the standout performers, the Lotus Emeya achieved a P3CI of 1.53, recharging 458 kilometres within 20 minutes and reaching a peak charging power of 402 kW. Other notable models included the Mercedes-Benz EQS 450+ and XPENG G9, with P3CIs of 1.24 and 1.20, respectively. >> The report also highlighted the efficiency of these vehicles. The Hyundai IONIQ 6 had the lowest consumption at 14.3 kWh/100 km, thanks to its aerodynamic design. The Mercedes EQS 450+ and Tesla Model Y LR RWD followed, with consumption rates of 16.4 kWh/100 km and 15.5 kWh/100 km, respectively. >> P3 Group’s findings show a trend towards higher charging powers, currently between 150-250 kW, supported by advancements in 400 V and 800 V system architectures. Although the theoretical maximum charging power of 460 kW (defined by CharIN standards) is not yet achieved due to practical limitations, the industry is progressing rapidly. >> This progress enhances the practicality and convenience of EV ownership, making electric cars more viable for long-distance travel and daily use. Faster charging times reduce downtime, increasing consumer confidence and adoption of electric vehicles. >> The 2024 P3 Charging Index for Asia highlights significant advancements in the EV sector, with several models now capable of recharging beyond the 300 km range within 20 minutes. As EV technology continues to evolve, these developments will drive greater adoption of electric mobility across Asia and globally. Source: P3 Get access to more than 800 other valuable EV Market Reports, and monitor 750.000 European Charge Points via www.EVMarketsReports.com, the world's largest e-Mobility Reports and Outlooks database. Enjoy reading! #electricvehicles #evcharging #electricvehicle

𝐓𝐡𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐟𝐲𝐢𝐧𝐠 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐌𝐨𝐛𝐢𝐥𝐢𝐭𝐲 𝐔𝐧𝐥𝐞𝐚𝐬𝐡𝐞𝐝 𝐛𝐲 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬 𝐚𝐧𝐝 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧𝐬 (𝐋𝐚𝐭𝐞𝐬𝐭 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧) Electric vehicle market size is valued at USD 171.35 billion in 2024 and is expected to reach a value of USD 726.14 billion by 2032 at a CAGR of 27.19% during the forecast period 2025-2032. as per IndustryARC™ Latest Market Research Report. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 @ https://lnkd.in/gDswJtKz The #electricvehicle is currently dominated by the passenger car segment, and this is expected to continue in the upcoming period. The rolling demand for eco-friendly and fuel-efficient vehicles is driving this phenomenon. #commercial vehicles are gradually embracing electric propulsion as enterprises aim to curtail operational expenses. Electric-powered buses and trucks are gaining #traction as governmental bodies and urban centers prioritize enhancing air quality. Even two-wheelers and off-road vehicles are experiencing a roll in electric adoption due to their increasing affordability and availability. #battery technology has greatly improved, solving past issues like short electric vehicle range and expensive batteries. These improvements include better #energy storage, faster charging, and longer-lasting #batteries . electric vehicles now have longer ranges and are more reasonably priced. As technology gets better and more batteries are made, their production costs are going down. This makes electric cars cheaper for consumers to buy electric vehicles. 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/gZeYZU5D 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐑𝐚𝐧𝐠𝐞 𝐚𝐧𝐝 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞: Manufacturers are focusing on improving the range and overall performance of electric vehicles, addressing one of the main concerns for consumers regarding electric vehicle adoption. 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞: The development and expansion of #charging infrastructure, including #fastcharging stations, are crucial for supporting the widespread adoption of electric vehicles. 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: Ongoing research and development in #battery #technology aim to increase #energy density, reduce charging times, and enhance the overall durability and safety of #electrical #vehicle batteries. 𝐓𝐨𝐩 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐚𝐫𝐞: Tesla | Nissan Motor Corporation | BYD | BMW Group | Volkswagen Group | General Motors | Ford Motor Company | Hyundai Motor Company (현대자동차) | Toyota Motor Corporation | Rivian | GKN Automotive