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China is making too many EV batteries. Rivian is making use of real-world letter grades to EV fast-chargers for smoother route planning. And regardless of depreciation woes, many EVs nonetheless pay again large over 5 years of possession. This and extra, right here at Inexperienced Automotive Experiences.
Rivian has introduced that it’s score EV fast-chargers for real-world reliability—and together with these letter-grade rankings in its route planning and interface. It’s a state of affairs which will put some stress on networks to prioritize reliability, and within the meantime it could favor Tesla Supercharging and its usually superior reliability.
In accordance with a latest deep dive into EV value of possession, half of latest 2024 EVs value much less over 5 years versus ICE fashions—regardless of depreciation, which was far higher this previous yr.
And China now makes sufficient batteries for international EV manufacturing, in response to knowledge analyzed by Bloomberg New Power Finance this previous week. In 2023, manufacturing capability was already double what international battery-cell demand amounted to for EVs and vitality storage mixed, and if corporations hold to bulletins there could also be much more of a niche between provide of cells and demand by EV vegetation.
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