Smartphone Maker Making Cars
Smartphone companies have moved into making Electric vehicles, teaming up with traditional car manufacturers. Xiaomi joins Huwaei, Foxconn, and Oppo in releasing an EV.
EV
Electric Vehicles for Decarbonisation of the Transport Sector
Electric Bus Rapid Growth
Electric buses costs have fallen in price. Charging is easier and cities globally are replacing dirty stinking diesel buses with clean zero emissions battery EV buses at 30% CAGR
Electric Ships
Coastal shipping with swap out electric container batteris have always been proposed to decarbonise shipping. Now the first 2 by Cosco are in production. 36 batteris, 24 Tonne CO2 per day less emissions
EV Surges 2023 Q1
Electric battery vehicles (BEV) continue their exponentional growth in Q1 2023 with some countries (Norway) over 90% and China, the largest car market globally over 30% new sales BEV
Fully Electric or Hybrid
Toyota argues that for emissions reduction hybrids are more effective than battery electric vehicle as more can be manufactured as batteries are constrained. Greenwashing.
Top 20 China EV Manufacturers
The top 20 Chinese EV manufactures incresased sales by 82% from 2021 to 2022 and most of these sales were domestic. As the domestic market increases, more of these will be exported to other countries