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Electric Vehicle Sales Remain A Bright Spot in Industry, Outpace Demand

Electric vehicles are a hot topic in the auto industry, despite representing a relatively small segment of the current market. As the sales numbers for 2022 continue to take shape, it is clear that 2022 is representing a...more

Lithium Prices Surge on Increased Battery Demands

Good news: The demand for electric vehicles continues to surge to record highs. Bad news: Making electric vehicles is getting a lot more expensive, even faster than projected....more

US Auto Industry Focuses on Strategic Investments as World Eyes Future of EVs

As the rise of electric vehicles continues, many countries and industries have been pushing to get ahead of the demand for batteries, microchips, and other key components in these vehicles. In the US, automakers and...more

China’s Overall Auto Sales Fell in Third Quarter, While Electric Vehicle Sales Boomed

The third quarter of 2021 has been a tough one for the auto industry. Ongoing chip shortages, labor shortages, high logistics costs, supply chain pressures, and fluctuating economies continue to place pressures on automotive...more

More Automakers Commit to Zero Emissions Future

In January, GM became the first large US auto manufacturer to commit to stop manufacturing gasoline-powered passenger cars and switching entirely to zero emissions vehicles for passenger cars, vans, and SUVs by 2035. The news...more

New Administration Focus on Environmental Issues Signals More Changes Ahead in Auto Industry

The auto industry has been planning for the impact on a change in administration on many fronts. As previously discussed, the new administration has a strong focus on environmental policy, and is expected to make sweeping...more

China Auto Market Continues COVID Rebound in Bright Spot in Global Auto Market

Chinese auto sales grew at least 8 percent year over year in October. This follows a 7.4% jump in September. October marked seven straight months of year over year growth in China. China’s growth stands in stark contrast to...more

EV Rebates and Subsidies Spur Growth amid Pandemic

Europe hit a milestone in July—and no, it was not related to COVID-19 statistics. Electric vehicle (EV) car sales in Europe hit 500k in the first half of the year, outpacing China’s EV sales for the first time since 2015....more

Automotive Industry 2020 Hot Topic: Automation

As our recent post on the OESA’s 2019 Industry Outlook Panel highlighted, automation is currently a topic of heavy discussion in the auto industry. Although the auto industry has heavily relied on automation for years, it has...more

Parts of Europe Stage an Auto Sales Comeback in October as Economists Monitor Impacts of Global Sales Slowdown

Good news coming out of the European markets- new car sales roles in October in many key regions, marking a positive change in an otherwise uncertain economic year in Europe.  However, a significant driver for the increase...more

Electric Cars: Charging Ahead or Losing Speed?

Anyone following electric vehicle news in the past several months may feel like they are watching a yo-yo: first one analyst will predict an EV boom, and then another analyst will predict an EV sales slowdown. However,...more

Battery Revolution May Lead to Future Electric Vehicle Boom

The evolution of mobile devices and smart technology has lagged in one area – power. Although batteries are powering our devices for increasingly longer periods, battery technology advancements do not match the pace of other...more

European Union Proposes Stricter Emissions Targets and Incentives For Electric Vehicles

On November 8, the European Commission proposed a new set of emissions standards for vehicles, starting in 2030. The standards include a further 30% CO2 emissions reduction for new cars and vans, on top of the standards in...more

Governments Pursue Legislation to Bolster Electric Vehicle Usage

Around the world, governments are considering how to spur electric vehicle adoption and usage. One area of focus is infrastructure development. In the United Kingdom, the Queen’s Speech included the announcement of an...more

As Analysts Predict Slowdown In Sales Growth, Auto China 2016 Showcases Rise of SUVs in China

Many of the stories coming out of Auto China 2016 are showcasing the SUVs and luxury SUVs at the show. Highlights include SUVs and crossover SUVs concepts from VW (VW T-Prime Concept GTW), Infiniti (QX Sport Inspiration),...more

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