Market Moves: Electric Vehicles - Apr 7th, 2023
 
 
Are EV goals too lofty? Some experts think so.
Market Moves: Electric Vehicles | View online
 
From the Editor

Hello and welcome back to Market Moves Electric Vehicles, Endeavor Business Media's monthly look at everything EVs. In this edition: The moves both opponents and proponents of EV adoption are making, as well as how charging infrastructure could shake out in the next few years. 

If you enjoyed this newsletter, consider subscribing to the other Market Moves newsletters, which cover the lastest in cybersecurity, manufacturing, infrastructure, and energy right here.

Top Story
A recent survey from ABB Robotics and Automotive Manufacturing Solutions showed that over half of auto industry experts are doubtful of transitioning to EVs by the 2030s.
From Modern Tire Dealer
https://img.moderntiredealer.com/files/base/ebm/moderntiredealer/image/2023/03/2024_gmc_sierra_ev_denali_edition_1_106__1_.6414ca323ac03.png?auto=format%2Ccompress&w=320
If passed, the Preserving Choice in Vehicle Purchases Act will “protect American’s freedom of choice when purchasing vehicles” in the face of state electric vehicle (EV) mandates, according to its sponsors.
Sponsored

Battery and electric vehicle designers and manufacturers have common goals: to maximize performance, lifespan, and safety. This webinar explains how, when, and why pressure mapping technology is a critical R&D tool to apply to help them achieve those goals.

From FleetOwner
https://img.fleetowner.com/files/base/ebm/fleetowner/image/2023/03/16x9/dreamstime_m_38886482.64186d436b45e.png?auto=format%2Ccompress&w=320
Unlike other technological transformations in trucking, the electric truck is the easy part—the power supply and infrastructure will be your real challenges.
https://img.fleetowner.com/files/base/ebm/fleetowner/image/2023/03/16x9/dreamstime_xxl_210531660_electric_truck_charging_Scharfsinn86_.64273b29c3f5f.png?auto=format%2Ccompress&w=320
The EPA approved two Clean Air Act waivers that will require truck manufacturers to accelerate their sales of zero-emission vehicles, giving California the authority to mandate that half of all new heavy-duty vehicles sold are electric by 2035.
From IndustryWeek
https://img.industryweek.com/files/base/ebm/industryweek/image/2023/03/dreamstime_xxl_121381727.64274e0ccd16a.png?auto=format%2Ccompress&w=320
While the IRA stipulates that a percentage of critical minerals in the battery must be sourced from America or countries it has free-trade pacts with, the announcement signals room for maneuver.
From EnergyTech
https://img.energytech.com/files/base/ebm/energytech/image/2023/03/Volta_Inc.642730393b884.png?auto=format%2Ccompress&w=320
Volta’s situation was extreme—the company would have needed to raise another $300 million to pursue its growth goals—but the scenario speaks to many of the business realities of EV charging as it ramps up to meet today’s and future demand.
https://img.energytech.com/files/base/ebm/energytech/image/2023/03/Albemarle_Silver_Peak.642490040038f.png?auto=format%2Ccompress&w=320
Transportation electrification surely would cut greenhouse gas emissions dramatically, but mining the needed lithium is, for now, a very carbon-intensive process.
From Plastics Machinery Manufacturing
https://img.plasticsmachinerymanufacturing.com/files/base/ebm/pmm/image/2023/03/entek_Teklon_Production_Closeup_1.61f3282b2769f.641b19581580b.png?auto=format%2Ccompress&w=320
The $1.5 billion production plant in Indiana is expected to begin manufacturing between 2025 and 2027.
From EC&M
https://img.ecmweb.com/files/base/ebm/ecmweb/image/2023/03/Photo_118582495____Lucapbl_Dreamstime.64187f3a99c5f.png?auto=format%2Ccompress&w=320
The company will build infrastructure to support electric vehicle charging for North America’s largest school bus operator.

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