OUTLOOK 2024
Electric Vehicles: Tracking the EV market
A hiccup? An inevitable growth slowdown? A bumpy transition from early adopters to the mass market?
However you’re looking to label the state of the electric-vehicle market in 2024, you can’t say it’s static. Some of the first generation of manufacturers have exited stage left while others are trying to reinvent themselves. Market leader Tesla is preparing to plow billions into its next-generation (and lower-cost) car while rivals Ford, GM and Stellantis are (re)crafting their own strategies and heavy-truck manufacturers are testing and refining their offerings.
All the while, investments in related products and services – more efficient batteries, more reliable chargers and smarter software suites – are continuing apace. It’s still quite the unruly space but its outlines are becoming a bit clearer, particularly as federal stimulus and infrastructure funds work their way through the system.
Here are just a few recent notable stories about the EV market from Endeavor brands:
IndustryWeek – Production Pulse podcast: EVs in 2023 and 2024’s outlook
FleetOwner – Electric yard truck maker Orange EV blossoms in Kansas City
Electronic Design – V2G beckons for EV future but challenges persist
IndustryWeek – Musk, Tesla team dial down growth forecast
EC&M – Nearly $150M in grant funding to bolster existing EV charging infrastructure
Construction Equipment – The ins and outs of EV maintenance
The Outlook 2024 series of market reports is compiled by Endeavor Business Intelligence. EBI delivers all the critical ingredients – deep research expertise, trusted brands, subject matter experts, rich audience databases, creative thinking, and design services – that bring data to life. Learn more at intelligence.endeavorb2b.com.
Electric Vehicles Market Moves Newsletter
Insights and expert perspectives on EV trends, regulations, design & engineering, charging, infrastructure as well as repair and maintenance.