Electric Vehicles to Account for Two-thirds of Global Vehicle Sales by 2030
Battery costs will be halved this decade to USD 60 to USD 90 per kilowatt hour from USD 151 per kilowatt hour in 2022, predicted by he Rocky Mountain Institute (RMI). Electric vehicles could be priced on par with conventionally fueled vehicles in the European and US markets by 2024 and 2026, respectively. By 2030, they could be priced at the same level as conventional vehicles in every market globally and account for two-thirds of global vehicle sales.
According to RMI, EV sales will grow at least six times by 2030, garnering a market share of 62% to 86%. Automotive oil demand peaked in 2019 and will decrease by at least 1 million barrels per day after 2030. The exponential EV sales growth is also foreseen by the Economics of Energy Innovation and System Transformation (EEIST) program sp
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Chassis Supply Chain's "iPhone Moment": China's Tier 1 Shift as LeeKr Emerges
Over the past decade, China's electric vehicle (EV) industry has evolved from a niche experiment into a leading force in the global automotive landscape. In the first ten months of 2025, China exported over 2 million EVs, nearly double the year-earlier figure. From European city streets to Southeast Asian highways and Latin American urban centers, Chinese EVs have emerged as one of the most prominent symbols of a new era of “Made in China.”
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WeRide Launches Commercial Autonomous Shuttle Service in Leuven, Belgium
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ZhidaoAuto Signed CNY 3 Bn Contract with Sichuan Government in Autonomous Driving Project
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Gaode started the "cooling action" by taking a taxi and gave high-temperature subsidies to encourage drivers to turn on more air conditioners
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Germany started the "cooling action" by taking a taxi and gave high-temperature subsidies to encourage drivers to turn on more air conditioners
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Unpacking China | Key Chinese Firms to Watch This Week （18/01/2026-24/01/2025）
Amid fast-paced changes that fill the business community with excitement, angst and trepidation, EqualOcean will publish a series of roundup articles to document the major events related to Chinese companies going global every week.
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Flying rental travel established strategic cooperation with Xingyi cinema and launched the activity of "enjoying watching movies and driving by yourself"
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Flying rental travel established strategic cooperation with Xingyi cinema and launched the activity of "enjoying watching movies and driving by yourself"
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BlackBerry empowers the smart cockpit of Botai car networking, which will be deployed on more than ten models of five automobile manufacturers
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