Hungary Urges EU to Accelerate EV Transition, Opposes Tariffs on Chinese Imports

July 11, 2024 – Hungarian Minister of Economic Development, Naji Maton, announced at a press conference in Budapest on July 10th that Hungary has submitted a proposal to the European Union’s Competitiveness Council. The proposal outlines a comprehensive set of measures aimed at accelerating the European Union’s transition to electric vehicles. Maton emphasized the need…

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Soaring EV Sales in the US Result in Electricity Consumption Surpassing That of the Rail System

May 22, 2024 – According to data from the U.S. Energy Information Administration (EIA), the annual electricity consumption of light-duty electric vehicles (EVs) in the United States surpassed that of the railroad system for the first time in 2023. The EIA has been publishing estimated electricity consumption data for EVs at the national, regional, and…

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