EV Adoption Increased in 2022 Globally
EV adoption is increasing and Bloomberg NEF has data showing nearly 50% of buses sold in 2022 were electric. Motorcycles are even higher.
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Tesla Semi Compelling Economics
The Tesla Semi large truck will be at least 84% cheaper for fuel costs than equivalent large diesel trucks. Combined with more torque, regenerative braking increased purchase costs suggest less than a 2 year payback.
End of ICE Cars in California
The passing Advanced Clean Cars II proposal in California spells the end of ICE cars in the USA with over 40% of all new cars subject to reduction of new light cars and pickups from 35% in 2026 phasing to 100% by 2035
Electric Boats Are Slowly Coming to Market
Electri motors make sense for propulsion on the water – and Torqueedo is the global leader in electric boats. Battery weight and energy storage has limited the more widespread adoption, but with major personal sportscraft Bombideer bringing out models by 2026 expect to see more
EU Bans ICE Vehicles by 2035
The EU commission has voted to ban sales of all internal Combustion engines in cars buses trucks motorcycles by 2035 to achieve the carbon emissions reduction by 55% by 2030 from 1990 levels.
EV Startups going Broke
Tesla and Ford are the only 2 american car companies that have not gone bankrupt. A number of aspiring EV companies at high financial risk as they move from protoptype to production hell.