March was the strongest month ever for electric vehicle sales in the U.S., with more than 25,500 sold. The fact that record sales occurred during the first quarter, when they typically lag, is remarkable and bodes well for the entire year.
As more used electric vehicles become available and the price points remain enticing, consumers will continue to show interest in snapping up used EVs.
Although overall car sales in the U.S. are now in a “post-peak” era and likely to stagnate, EV purchases are expected to rise significantly in the coming decades.
During Q1 2017, registrations of EVs in the EU jumped by almost 30 percent versus the same time last year, with total alternative fuel vehicles up almost 38 percent. During 2017, both the U.S. and Europe look to smash records of EV sales.
Ford's $1 billion investment in a tech start-up reflects the company's commitment to autonomous vehicles and its attempts to catch up to others in the space, particularly Google and Tesla.
While new data from California provides some insight to gains for AVs, the real story is the fact that the industry needs consistent monitoring and metrics nationwide to drive a deeper understanding of the technology and its capabilities.
David Sidoo is the CEO of Advantage Lithium, a Vancouver-based company that has projects in Argentina and Nevada. He spoke to The Fuse about his firm’s operations, the state of lithium markets, and what challenges lay ahead for the industry.
The ramp-up of battery production, combined with the rollout of a growing number of new EV models, ensures strong demand for lithium in the years ahead.
December 2016 EV sales surpassed the previous monthly record set in September by an enormous 44 percent.
Critics may argue that the self-driving car phenomenon is premature, but as choices for drivers and commuters grow, attitudes will eventually shift, particularly with new technology expected to ease congestion, boost efficiency, and reduce traffic accidents.