Some 295,000 plugin vehicles were registered in Europe in September, rising 6% YoY, which represents the EV market’s return to growth for the first time since April. This is even more significant when you consider the overall market fell by 4%, to 1.1 million units. Interestingly, BEVs are the ones … [continued]
As recently reported, PHEV sales in China are growing at an astounding rate, driving new energy vehicle (NEV) market share above 53% in the largest car market. New PHEVs are being introduced, as well as new batteries designed specifically for these applications. At the same time, changes to China’s purchase … [continued]
BYD continues its massive expansion globally and rollout of new model after new model. It is quickly rising up the ranks when it comes to global auto sales, and I’m more convinced each day it will rise to #1. Tesla looks like a turtle these days compared to the fast-swimming … [continued]
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring a new record, a little more than 1.1 million sales (in a 2.1-million-unit overall market). That’s up 51% year over year (YoY), compared to the overall market being up 5%. Looking deeper at the numbers, growth came … [continued]
Extended range electric car sales are up strongly in China, driven by range anxiety and concerns with charging networks.
Cars with internal combustion engines have been declining since 2016. Today, they are down almost 20 percent from their peak.
Following up on our report on the best selling electric vehicle models in the world in August, here’s a report on the top selling brands and auto groups in the world EV market. Top Selling Brands In August, #1 BYD, now deep into pricing out the competition (fossil fueled and electric…) didn’t … [continued]
September saw plugin EVs at 23.7% share in Germany, up from 21.0% year on year. The low year-on-year baseline masks weakness — BEV share (and volume) 2 years ago was higher than now. September’s overall auto volume was 208,848 units, down 7% YoY and down around 14% from 2017–2019 seasonal … [continued]
What falling sales? Plugins grew by 19% YoY! Global plugin vehicle registrations were up 19% in August 2024 compared to August 2023. There were 1.5 million registrations. BEVs were up by just 6% YoY (year over year), but plugin hybrids jumped 51% YoY, selling close to half a million units, … [continued]
September saw plugin EVs take 29.4% share of the UK auto market, up from 23.4% year on year. Both BEVs and PHEVs grew volume YoY, by 24% and 32% respectively. Overall auto volume was 275,239 units, up 1% YoY, but still far below pre-2020 seasonal norms (350,000+). Tesla was the … [continued]
