Let’s look at electric vehicle registrations by OEM — for now, full electrics (BEVs) plus plugin hybrids (PHEVs). At the end of Q2, BYD was leading with 15.4% share, but now it is up 1.9 percentage points, to 17.3%, increasing its advantage over Tesla to 4% market share. Comparing with … [continued]
And 18% of new vehicles sold across the world have a plug.
After over a year in the red, Europe was back in black in August, with a 3% growth rate. September confirmed the trend with a 9% increase in market sales, signaling that the worst of the production constraints might be over. Although, with an energy-derived recession knocking on the door, … [continued]
Full electric cars accounted for 26% of new car sales in the Chinese market!
Audi’s line of EVs may soon be produced in the United States, as soon as 2023, thanks to the newly signed Inflation Reduction Act (IRA). The IRA encourages electric vehicle manufacturers to build their vehicles in the USA. For BEVs and PHEVs to remain eligible for tax credits, the final … [continued]
Tesla remains the leader in the luxury sector of the U.S. auto market, outpacing typical leaders BMW and Mercedes-Benz by a wide margin. Although Tesla doesn’t reveal its specific sales numbers, current estimates hold that the automaker outsold its next competitor in luxury vehicles by over 100,000 units — also a major … [continued]
Article written with support from Jaan at The EV Universe. Within a surging Indian car market, battery electric vehicles (BEVs) are starting to make significant gains. India is the world’s fourth largest car market. September 2022 was the best month in the history of the personal vehicle market in India, … [continued]
More and more parents are starting to think that their teens may be better off learning to drive behind the wheel of an EV — it’s the car of the future, after all.
In the 4th quarter of 2020, Tesla stated: “Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries. The rate of growth will depend on our equipment capacity, factory uptime, operational efficiency and the capacity and stability of the supply chain.” While CEO Elon Musk … [continued]
It seems the German automotive market has bottomed out. After growing 3% in August, September brought a solid 14% increase in sales, while plugins grew even faster. Sales of full electric vehicles (BEVs) were up in September by 33% year over year (YoY). There were 43,692 BEV registrations last month, … [continued]
