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Electric Vehicles, Batteries, & Chargers Seeing Rapid Growth

Once considered an inconsequential niche in the automotive market, electric vehicles are becoming more widespread. And it’s not just all the new plug-in options available today — EV batteries and charging stations are also proliferating around the globe. To that end, some tell-tale charts (recently published via Statista) demonstrate the trajectory of the electric vehicle movement and who might be best positioned to win the EV race in the coming years.

Volkswagen e-Golf Production Capacity To Double Next Year

Volkswagen will begin increasing the production capacity of the e-Golf at its facilities in Europe starting in March 2018, company spokespersons recently revealed. The plan is reportedly for the daily production capacity to be increased from 35 to 70 cars a day. Assuming that’s an average with no days off, that’s 25,550 Volkswagen e-Golfs per year — a bit more than the planned weekly production of the Tesla Model 3.

Timeline For Electric Vehicle Revolution (via Lower Battery Prices, Supercharging, Lower Battery Prices)

Everyone knows that electric vehicles (EVs) are going to replace internal combustion engine vehicles (ICEVs) in the long run. Many of us are excited about this key transition away from fossil fuels and hope that it comes sooner rather than later, yet are not sure exactly when the big breakthroughs in market share are going to happen. It is often stated that at battery prices of $100/kWh, EVs will successfully compete with ICEVs, but mainstream predictions about how and when this happens vary widely. In this in-depth article, we are going to look in more detail at the figures relevant to different vehicle segments, estimate the most probable timeline for feature and price parity in these segments, and offer a counterpoint to the more conservative timelines that we see from both incumbents (OPEC) and progressives (BNEF) alike. We know the EV disruption is real, since it is already well underway in the premium sedan segment.