Jaguar Land Rover (JLR) announced that its Jaguar brand will become an EV-only brand beginning in 2025. At least in the US, this is likely a survival strategy as the brand had its lowest market share in 2020 since 2015. With the luxury market from Lucid Motors to Audi, BMW, Cadillac and Mercedes-Benz going electric, Jaguar almost has no option but to go upscale and electric ASAP.
According to estimates from the California Energy Commission (CEC), electric vehicles in California only consume 0.4% of grid demand during the peak hours of 4-9 pm.
California has now reached 4%, or four out of 100 vehicles on the road in California being BEV or PHEV.
Only on sale in the US since April, Ford’s F-150 Lightning BEV is on a pace for sales of at least 15,000 units in 2022. Based on its trailing 3-month average of 2,113, the electric version of the highest-selling vehicle in the world is on an annual pace for a very respectable 25,500 in unit sales.
According to estimates from the California Energy Commission (CEC), electric vehicles in California only consume 0.4% of grid demand during the peak hours of 4-9 pm.
California has now reached 4%, or four out of 100 vehicles on the road in California being BEV or PHEV.
Only on sale in the US since April, Ford’s F-150 Lightning BEV is on a pace for sales of at least 15,000 units in 2022. Based on its trailing 3-month average of 2,113, the electric version of the highest-selling vehicle in the world is on an annual pace for a very respectable 25,500 in unit sales.
