Sentences with phrase «electric vehicles sales surged»

Plug - in electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China, according to a new report from Bloomberg New Energy Finance (BNEF).

Plug - in electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China, according to a new report from Bloomberg New Energy Finance (BNEF).

CNBC's Phil LeBeau reports on China electric vehicle sales surging and Tesla planning to build a plant in the country.

Not exact matches

Samsung pursued a stake in BYD after its affiliate was among foreign battery makers left off a list of suppliers approved by China, where sales of electric vehicles are surging and the government has sped up construction of charging points.

S&P Global Platts Analytics expects accelerating global Electric Vehicle penetration, rising from a little more than 500,000 sales in 2015 to over 7 million by 2025 — driving a surge in demand for lithium - ion batteries.

Many analysts see the potential for surging sales of these efficient vehicles to enable smart grid management, but few have explored the local impact of electric vehicles: promoting energy democracy.

A surge in electric vehicle sales and higher efficiency in internal combustion and jet engines are expected to slow demand growth for fuels such as gasoline, diesel and aviation fuel in the coming decades, potentially putting pressure on refining profits.