Breaking! Tesla Takes 31% Of Norway’s Total Passenger Auto Sales In March
Tesla sold around 5,700 vehicles in Norway in March, of total new passenger car sales for the month of 18,375. That’s around 31% of the market.
Tesla sold around 5,700 vehicles in Norway in March, of total new passenger car sales for the month of 18,375. That’s around 31% of the market.
Another month passes, another 43 GWh of battery factory capacity is brought into the planning pipeline for production in 2023, adding over 4% to the global total, in just a single month (50% annualized growth).
China is charging full speed ahead into electric vehicles, on track to sell over 2 million EVs this year, up from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. In part two of this three-part series (check out part one if you missed it), we’re going to look at the demand side of the EV transition in China. Why are Chinese consumers queuing up for EVs?
China is charging full speed ahead into electric vehicles, on track to sell over 2 million EVs this year, from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. A rising proportion of Chinese consumers simply prefer electric vehicles to traditional combustion vehicles, viewing them as a new and superior technology, and better value. With EVs continuously improving and getting more affordable, there’s a clear path to EVs taking 50% of market share in China by 2025.
A recent EV growth report by Deloitte gets key facts wrong, ignores Tesla, and projects EV growth rates to be drastically slowing, glacial, after reaching just 20% of market share in 2030. And these guys call themselves professionals? Let’s help them out.
The numbers are in and 2018 turned out to be quite a solid year for electric vehicle sales in the US.
This presentation — video and text summary below — is not the freshest one from CleanTechnica Director Zach Shahan. However, it is as relevant today as when the presentation was delivered live in Dubai, UAE, last year. Furthermore, at ~25 minutes, it is a bit longer than a typical presentation, which provides more room to run somewhat deeply and broadly into the topics. The downside of the presentation, Zach notes, is that he was horribly sick for a week or two leading into this.
In recent months, all of us who follow Tesla have noticed a dramatic increase in what Elon Musk characterized as “relentlessly negative” news, rumors, and innuendo concerning Tesla and its vehicle lineup. You’ll find damaging Tesla stories and commentary on obscure blogs and twitter feeds, across mainstream news sites and aggregators, and in national web sources and publications.
Dating back to the early days of Model S production, Elon Musk has been feuding with Tesla short sellers. Back then, Musk cautioned those betting against Tesla stock that a “tsunami of hurt” was coming their way. Sure enough, it did. Tesla’s stock skyrocketed. And last year, when the stock was surging, Musk taunted shorts on Twitter, “Stormy weather in shortville.” According to Zero Hedge, “Elon Musk’s feud with Tesla shorts is not business, it’s just personal.”
Read just about any article on electric vehicles in the US and the reporter will use some variation of this phrase: “ … but electric vehicle sales are only 1% of overall auto sales in the US (or world).”