The European passenger plugin vehicle market continues in the fast lane, having gotten over 237,000 registrations in June and over a million registrations YTD — which is +157% year over year (YoY). Last month’s plugin vehicle share of the overall auto market was 19% (10% full electrics/BEVs), which pulled the … [continued]
Tesla is increasing the prices of the Model 3 and Model Y in the USA again. Tesla is also not exporting any Model 3 or Model Y from Fremont to Europe. All Fremont exports are going to Japan, South Korea, and Taiwan. Europe receives its Tesla’s exclusively from Shanghai. That … [continued]
Plugins are on fire in China, having scored a record 235,000 registrations last month, pulling the year-to-date (YTD) tally to 1.1 million units, a far cry from the 360,000 units that this market had 12 months ago. Share-wise, June also witnessed a record month, hitting 15% (12% full electrics/BEVs). This … [continued]
Instead of focusing on impediments that could affect production quotas, Tesla has looked to the future supply of battery materials to meet growing demand.
Another quarter has wrapped up and we have more grand trends in the US auto industry. In the charts and text below, I’m comparing Q2 2021 (the second quarter of 2021) with Q2 2020 and also with Q2 2019. Naturally, year-over-year changes are interesting, but given how unique last year … [continued]
I love seeing the tremendous growth of electric vehicle sales in Europe, which is likely to achieve more than 10% of new car sales being plugin vehicle sales this year, but there is something bittersweet about it. The bitter part is that Europe’s quick EV adoption makes the story in … [continued]
We knew from the moment Tesla sold out of vehicles before the middle of Q2 2021, that the number of vehicles Tesla sold and delivered would break records. By delivering over 200,000 vehicles (and selling them), Tesla didn’t just break records. It went Plaid mode. What does this mean? Gali … [continued]
In April, I published a couple of Tesla sales forecasts for 2021, and then I followed that up with one more at the beginning of June. With Tesla’s Q2 sales numbers now in, let’s revisit some of those forecasts. First of all, Troy Teslike has updated his Q3 forecast by … [continued]
I reported yesterday on Tesla’s record quarterly production and deliveries (aka sales). It’s another stunning feat. Tesla’s the first company in the world to sell more than 200,000 electric vehicles in a quarter. But one unfortunate thing about Tesla’s official stats is that it groups the Model 3 and Model … [continued]
Tesla had another blockbuster quarter, delivering more than 200,000 vehicles, the first time it has ever done so. Well, that is the first time any automaker has delivered more than 200,000 electric vehicles in a quarter. Tesla produced 206,421 vehicles, about 5,000 more than it delivered. (It’s surprising that Elon … [continued]
