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In January 2024, global registrations of plug-in electric cars continued at a seven-digit level (the ninth consecutive month above 1 million) and with a solid year-over-year growth rate. According to EV-Volumes data, shared by researcher Jose Pontes, 1,067,248 new passenger plug-in electric cars were registered globally in January (about 63% more than a year ago). The market share amounted to roughly 16% (compared to 11% a year ago). Get Fully Charged Global EV sales record More than 13.6 million plug-in electric cars were registered around the world in 2023. That’s about 16% of all car registrations. All-electric car registrations accounted…

Some very fast EV chargers land in the middle of Manhattan. Aptera once again says it needs more money. And raw materials and innovation could lead to a plunge in EV battery prices—and EV prices—analysts predict. This and more, here at Green Car Reports.  EV battery prices are due to drop dramatically this year and next, according to a new analysis from Goldman Sachs. Much of that 40% EV battery cost drop could carry over to pricing—leading to price parity with gasoline models sooner, without subsidies.  A New York–based EV charging startup called Gravity claims to be rolling out the…

Startup vehicle maker Aptera said it has begun production-intent builds on the body for its three-wheel solar EV, although the timeline for actual deliveries might not be quite as bright as it sounds  In a video address accompanying the update, CEO Steve Fambro noted that Aptera chose Italy’s CPC Group for its “incredible ability” to stand up a carbon-fiber body production line in as little as nine months after reaching funding goals. Then it said something surprising: It’s still not there.  “The start of production for Launch Edition vehicles requires additional capital, and we plan to share delivery timeline details…

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The US solar industry is riding high on a banner year for new capacity in 2023, at the record-breaking pace of 32.4 gigawatts. The skyrocketing trajectory could come to a screeching halt if new county-based restrictions keep piling up. However, pressure from solar-friendly landowners could keep the momentum going, and help is coming from deep in the heart of coal country. Some US Counties Are Hating On The US Solar Industry… Local county governments are the key to solar industry growth in the US,…

The Denza D9 MPV continues to be offered in hybrid and pure electric versions, with starting prices lowered by RMB 10,000 and RMB 16,000, respectively. (Image credit: Denza) BYD’s (HKG: 1211, OTCMKTS: BYDDY) premium Denza brand has updated its D9 MPV (Multi-Purpose Vehicle), offering lower prices while upgrading specifications. Denza officially launched the 2024 D9 at an event today, continuing to offer the D9 DM-i with BYD’s hybrid technology and the all-electric D9 EV. The Denza D9 DM-i offers five options with starting prices of RMB 339,800, RMB 359,800, RMB 389,800, RMB 409,800 and RMB 449,800. The D9 EV offers…

Xpeng is asking dealers to purchase vehicles for half of their target sales each month, rather than requiring them to purchase the entirety of their target sales as traditional brands do, according to local media. (Image credit: CnEVPost) Xpeng (NYSE: XPEV) is reportedly asking its dealers to stock up on inventory as it begins to rely more on the traditional carmaker’s sales model to increase volume. The electric vehicle (EV) maker recently began asking dealers to stockpile inventory, with several dealers saying they have to purchase half of their targeted sales of vehicles from Xpeng each month, according to a…

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A writer recently pointed out that Elon Musk promised five years ago that Tesla vehicles would appreciate in value, and they have not. At first, I was thinking, “Well, it’s a bit early to cover this,” but then I realized, it really isn’t. When I bought my Tesla Model 3 SR+ with Full Self Driving (FSD) in mid-2019, one of the reasons was that I wanted to jump into owning a Tesla with FSD before it was too late, before Tesla made too much…

The number of shares BYD plans to buy back is about 0.05 percent of its total issued share capital and will be used for cancellation to reduce registered capital. BYD (HKG: 1211, OTCMKTS: BYDDY) will buy back RMB 400 million ($55.6 million) of its shares traded on China’s A-share market, following a significant drop in share price over the past year. The Shenzhen-listed new energy vehicle (NEV) maker announced the buyback plan in a stock exchange announcement today, saying the buyback price will not exceed RMB 270 per share. BYD rose 0.43 percent to RMB 191.65 by the close of…

Photo by Los Muertos Crew on Pexels.com The US added a record-setting 32.4 gigawatts (GW) of solar capacity in 2023, according to a new report, but 2024 will bring challenges to the industry. March 5, 2024: That’s a 37% increase from the previous record set in 2021 and a 51% increase from 2022. It’s the first time in 80 years that a renewable electricity source has accounted for over half of annual capacity additions to the grid.  According to the US Solar Market Insight 2023 Year-in-Review released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar accounts…

BYD has launched an updated version of the Seagull, lowering the starting price to RMB 69,800, or about $9,700. (Image credit: BYD) BYD (HKG: 1211, OTCMKTS: BYDDY) has rolled out an updated version of the Seagull, lowering the price of its least expensive model even further in its latest round of model updates. The new energy vehicle (NEV) maker today launched the Seagull’s Glory Edition at a starting price of RMB 69,800 ($9,700), down RMB 4,000, or 5.42 percent, from the previous starting price of RMB 73,800. BYD launched its latest round of model updates on February 19 with the…