Smart and Sustainable Electric Mobility
The IEA now expects China's gasoline demand to peak in 2024, bringing forward previous forecasts of demand leveling off in 2025/2026.
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Porsche earlier this week revealed more than just a first look at its lounge-like road-trip fast-charging stations, to be laid out along some top routes in Germany, Austria, and Switzerland. Within details for these design-savvy charging oases there was a bigger technology reveal: Its EVs in the future, it hinted, may charge above 300 kw and... BYD has told its Indian joint venture partner that it will shelve plans to invest $1 billion in building electric vehicles after its investment proposal faced scrutiny from New Delhi, Reuters reported.
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Morgan Stanley raised its price target on Nio to $18.7, on Xpeng to $25.4, and on Li Auto to $53, all keeping their ratings at Overweight.
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