The European Network of Transmission System Operators for Electricity (ENTSO-E) has emphasised the significant potential of Heavy-Duty Electric Vehicles (HDEV) in contributing to grid flexibility services. This potential is largely untapped, and its realization depends on the development and implementation of a robust framework.

The European Network of Transmission System Operators for Electricity (ENTSO-E) has provided an in-depth analysis of the operational patterns of electric long-haul trucks, which are emerging as a key component in Europe’s strategy to curb greenhouse gas emissions from the transport sector.

Germany has reached a pivotal moment in its journey towards sustainable transportation, surpassing 1 million battery electric vehicles (BEVs) on its roads as of December 2022. This achievement underscores the nation’s commitment to its target of 15 million EVs by 2030, a crucial component of the European Union’s broader goal of 30 million EVs across the bloc by the same timeline.

A report published by the NREL unveils the quantitative needs assessment for a national charging network capable of supporting the rapid transition to plug-in electric vehicles (PEVs) in the United States. The report comes as the U.S. strives to achieve economy-wide net-zero greenhouse gas emissions by 2050 and meets the ambitious climate goals set forth by the U.S. Department of Energy.

Between January 2022 and November 2022, BYD surpassed LG Energy Solution to achieve third place in the ranking of installed battery capacity for all electric cars sold globally (BEV, PHEV, and HEV). During this period, 446.0 GWh, or 74.7% more energy than the previous year, was stored in the batteries of electric cars. Since the third quarter of 2020, the market has been continuously growing.

The cost of lithium-ion battery packs has increased for the first time since BloombergNEF (BNEF) started monitoring the industry in 2010. This is due to rising raw material and battery component prices as well as skyrocketing inflation.