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It’s time to compensate for essentially the most attention-grabbing and most enjoyable cleantech tales of the previous week. Because it seems, a few of the prime tales have been additionally prime tales in different latest weeks. However that’s simply how huge these tales are. There are a number of new tales as effectively, after all. Examine all of them out!
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1. BYD gross sales are completely popping.
The corporate’s passenger automobile gross sales simply surpassed 500,000 models for the second month in a row, a shocking milestone. Gross sales have been up 67% 12 months over 12 months. Along with these passenger automobile gross sales, the corporate has additionally been promoting increasingly industrial electrical autos, with these rising by 54% in comparison with the primary 11 months of 2023. The corporate additionally retains getting into new markets, the newest one being Guatemala.
2. XPENG & NIO gross sales hopping, too.
Whereas they clearly aren’t on the stage of BYD, XPENG and NIO proceed to see tremendous sturdy gross sales progress. XPENG gross sales rose 54% 12 months over 12 months in November, and rose 29% month over month. In the meantime, NIO gross sales rose 29% 12 months over 12 months.
3. Europe gross sales report.
I really like all of our EV gross sales studies, however I particularly benefit from the Europe and world ones, since there’s a lot variety, variation, and naturally giant volumes. Within the newest Europe EV gross sales report, we see BEVs have risen to 16% of European auto gross sales, and plugins total have risen to 24% share. Apparently, 252,000 plugin autos have been registered in October, which is about half as many as BYD offered worldwide in October!
4. Agrivoltaics are merely beautiful.
Combining solar energy and agriculture simply makes a lot sense. They typically assist one another, and make extra sense financially and environmentally. Tina dove into some progress New Jersey is making on this area (no pun meant), whereas Cynthia shared a enjoyable story (and pics) of a neighborhood photo voltaic venture on a cranberry lavatory.
5. Japanese auto gross sales are plummeting.
Contemplating the tales above in #1 by #3, in addition to Japanese automakers lagging behind on EVs for years, it’s not stunning that Japanese automakers are seeing some critical gross sales bleeding. Nonetheless, it was fascinating and eye opening to see a few of the numbers and tales Steve shared on this subject.
6. Baltic nation going 100% renewables in pursuit of vitality independence.
With the dramatic disaster in Japanese Europe, gaining vitality independence is vital for nations in Russia’s neighborhood. Estonia will get this, and is pursuing 100% renewable electrical energy by 2030, with a powerful concentrate on photo voltaic.
7. With US EV tax credit score doubtless on brink of demise, purchase your EVs immediately!
It appears extremely doubtless the Trump administration will kill the US EV tax credit score. Subsequently, you need to most likely purchase an EV ASAP in case you are pondering to purchase one soon-ish. Reducing the EV tax rebate additionally means used electrical automotive costs are more likely to bounce, so the identical suggestion applies (that you should purchase one earlier than the top of 2024 when you’re available in the market for one). On the identical subject, we focus on how Elon Musk has repeatedly stated Tesla autos must be cheaper to assist discover extra patrons, and but he’s now supporting removing of the $7,500 EV tax credit score. It is unnecessary.
8. Enormous electrical carsharing program with V2G in Europe.
500 Renault 5 E-Tech electrical autos a part of a carsharing program within the Netherlands are going for use in a large vehicle-to-grid (V2G) program. That is getting critical.
9. California EV gross sales attain 2 million.
One of many main electrical automobile markets on the planet continues to shine. California reached 2 million cumulative EV gross sales within the third quarter, with plugin autos accounting for 26.4% of the state’s auto gross sales.
10. Masdar’s big renewable vitality venture progress.
Masdar has been concerned in larger and greater renewable vitality initiatives, and it simply introduced progress on a slew of them.
11. US manufacturing growth.
President Joe Biden stimulated an unlimited enhance in manufacturing development. The US has by no means seen such a producing resurgence. Too unhealthy it and different issues weren’t appreciated, however #ThanksBiden nonetheless.
12. Rivian will get BIG mortgage.
US EV startup Rivian has scored a $6.5 billion conditional mortgage from the US authorities. That is largely for Mission Horizon, “a brand new manufacturing facility that can carry hundreds of recent jobs to Georgia.”
13. Tesla doubles referral bonus.
In an effort to stimulate extra gross sales, Tesla has doubled the automobile referral bonus credit it gives to Tesla homeowners and new prospects. Clearly, Tesla is working onerous to extend gross sales. Will it work for lengthy?
14. Batteries final a LONG time.
For some purpose, thousands and thousands of individuals suppose EV batteries are going to get outdated and wish changing after just some months or years of use. Fortunately, analysis has discovered most EV batteries will most likely last more than their host vehicles.
Have any favourite information of the week that I missed? Chime in down within the feedback and tell us.
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