Solid State Battery Market to Grow by USD 554.8 Million from 2024-2028, as Demand for Long-Range EVs with AI Impact on Trends – Technavio

NEW YORK, Nov. 7, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global solid state battery market  size is estimated to grow by USD 554.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  44.97%  during the forecast period. Growing requirement for long-range… Continue reading Solid State Battery Market to Grow by USD 554.8 Million from 2024-2028, as Demand for Long-Range EVs with AI Impact on Trends – Technavio

Kharon Partners with AIAG to Enhance Global Risk Insights and Address Forced Labor in Automotive Supply Chains

New Collaboration Equips Automotive Industry, OEMs, and Suppliers with Access to Kharon’s Advanced Data and Technology Solutions for Navigating Forced Labor Due Diligence DENVER, Nov. 7, 2024 /PRNewswire/ — Kharon announces a strategic partnership with Automotive Industry Action Group (AIAG). Through this partnership, Kharon will expand its support for the automotive sector in navigating challenges related… Continue reading Kharon Partners with AIAG to Enhance Global Risk Insights and Address Forced Labor in Automotive Supply Chains

Automakers brace for new tariffs, EV changes under Trump presidency

Tesla shares closed nearly 15% higher on Wednesday as investors bet it stood to benefit from its CEO Elon Musk’s close ties with Trump. Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other countries and to reverse many existing pro-electric vehicle policies, industry associations and… Continue reading Automakers brace for new tariffs, EV changes under Trump presidency

Clean Technica: BEVs Take 94% of Auto Market in Norway003698

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The October auto market saw plugin EVs take 95.6% share in Norway, up from 91.3% year on year. BEVs took 94.0% share, with PHEVs adding another 1.5% to combined plugins. Overall auto volume was 11,552 units, an increase of… Continue reading Clean Technica: BEVs Take 94% of Auto Market in Norway003698

Toyota will hold off on EV investment decisions until ‘the very last moment’ as profits slip

Toyota is tightening the reins after seeing its first quarterly profit drop in two years. To maintain profits, Toyota plans to “hold off on investment decisions until the very last moment,” including EV and hybrid investments. Toyota announced that its operating income in the first half of fiscal 2025 fell to around $16 billion (2.64 trillion… Continue reading Toyota will hold off on EV investment decisions until ‘the very last moment’ as profits slip

Foreign automaker stocks slide on Trump tariff fears

Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign town hall meeting, moderated by Arkansas Governor Sarah Huckabee Sanders, in Flint, Michigan, U.S., September 17, 2024.  Brian Snyder | Reuters DETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will… Continue reading Foreign automaker stocks slide on Trump tariff fears

What Trump’s election to the White House could mean for EVs

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – President-elect Donald Trump’s victory over Vice President Kamala… Continue reading What Trump’s election to the White House could mean for EVs

CNBC Daily Open: Amid focus on elections, don’t neglect market moves

People stand in line at Honolulu Hale to cast their ballot to vote in this year’s general election in Honolulu, Hawaii, on November 5, 2024.  Eugene Tanner | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they… Continue reading CNBC Daily Open: Amid focus on elections, don’t neglect market moves

Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates

A Toyota bZ Compact SUV is pictured after a briefing on EV (electric vehicle) battery strategies at the companys showroom in Tokyo on December 14, 2021. Behrouz Mehri | Afp | Getty Images Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate… Continue reading Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates

@Toyota: TMC Announces April Through September 2024 Financial Results

Toyota Motor Corporation (TMC) today announced its financial results for the second quarter, which ended September 30, 2024. TOYOTA CITY, Japan (Nov. 6, 2024) — Consolidated vehicle sales totaled approximately 4,556,000 units, a decrease of approximately 188,000 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period… Continue reading @Toyota: TMC Announces April Through September 2024 Financial Results