On the heels of announcing its record year in sales of all-electric vehicles last year, BMW says it is now investing $711 million (€650 million) to convert its main factory in Munich to exclusively produce electric vehicles by the end of 2027. It’s all part of a multibillion-dollar effort to give its next-gen Neue Klasse EVs a competitive edge against the likes of Tesla.

more…

The post BMW spends billions to push its next-gen EVs into Tesla territory appeared first on Electrek.

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030.

more…

The post Good news – the world has a real chance of achieving its goal of tripling renewables by 2030 appeared first on Electrek.

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030.

more…

The post Good news – the world has a real chance of achieving its goal of tripling renewables by 2030 appeared first on Electrek.

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era.

more…

The post Hyundai-Kia surge past Ford, GM to take second in US EV sales in 2023 appeared first on Electrek.

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. The Korean automakers surged past Ford and GM with stylish, functional EVs built for the modern era.

more…

The post Hyundai-Kia surge past Ford, GM to take second in US EV sales in 2023 appeared first on Electrek.