The plug-in electric vehicle fleet in California has grown rapidly over the last few years, partly down to the substantial support that the government there provides, though partly due to the presence of companies such as Tesla, a greener focus in the state, wealthier citizens, and associated culture.
Nissan, as a foreshadow of its “Intelligent Mobility” vision, has been providing all-electric vehicles that are great to drive, comfortable, technologically innovative, and superb aesthetically to hundreds of thousands of people around the world. The EVs are zero emissions leaders and provide great reliability. As the latest milestone, Nissan recently passed 75,000 EV sales in Europe.
US electric car sales continue to trend up, even despite many buyers holding out for a coming Chevy Bolt or Tesla Model 3.
While sales have been slowing in anticipation of a major model update as well as the highly competitive Chevy Bolt and Tesla Model 3, the Nissan Leaf has still been selling fairly well in the US — well enough to reach the 100,000 sales milestone in October.
The European EV market had 24,000 registrations last month, up 47% over September last year, being not only the best month of the year but also the second best selling month ever, only behind highly inflated December 2015 (34,000 registrations). With the market set to surpass the 200,000 units (205K? 210K?) by year end, the EV share now stands north of the 1% frontier (1.1%).
The Chinese market had more than 31,000 new EVs zooming the streets in September, with the market remaining flat regarding the previous month, but it was still a 53% increase over the same month last year, below the annual growth rate of 84%. It is a bit like saying that Lionel Messi only scored the same two goals as in the previous game.
The #1 story coming out of Tesla’s quarterly shareholder letter was widely considered to be the fact that Tesla (TSLA) was profitable in the third quarter. This is the first time in a few years that Tesla has had a profitable quarter, and it is a strong sign of financial efficiency and overall corporate health — especially at this stage in the company’s life. The momentous occasion inspired me to look back at Tesla’s history a bit, and compare Tesla of a few years ago to what Tesla has become.
Despite the fact that production is still ramping up and deliveries are being spread to regions across the globe, the Tesla Model X has already captured a 6% share of the large luxury SUV market in the US, according to the company’s Quarter 3 2016 shareholder letter.
The Tesla Model S continued to widen its lead in the US luxury sedan market during the third quarter, with sales during the quarter surging 59% as compared to Quarter 3 2015 (to 9,156 units), according to Autoblog (confirmed by Tesla). What that means is that sales of the Tesla … [continued]
There will be more than 500,000 electric vehicles on the roads of Europe by the end of the year (2016), according to a new report from Transport & Environment (T&E). The report also notes that electric vehicle sales in the European Union — this includes both all-electrics (EVs) and also … [continued]
