Green GSM EV taxis using the VinFast Nerio Green ready for release for the first time to its drivers in ceremonies in the Quezon Memorial Circle in the Philippines. (Photo for CleanTechnica by Raymond B. Tribdino.)
The United States is not exactly a world leader in electric vehicles, as we know by now. More than half of new car sales in China are plugin electric cars (full electrics or plugin hybrids), and 27% of new car sales in Europe are plugin electric cars. In the US, … [continued]
Much has been said about Legacy Auto’s inability to move at the speed of leaner, younger Chinese brands. Though normally this is said in terms of model and platform development, recent events have convinced me that this issue is not limited to that, and that they also lack the capability … [continued]
When we started working on our reports for Mexico, we knew that the available data was limited to those companies that make up part of the Mexican Automotive Association. However, our analysis on model vs. aggregate sales data convinced us that the limitations were confined to model sales, and the … [continued]
EV sales get all the coverage, but EV manufacturing is as important (if not more) in the sustainability of this transition and the political will to support it. Latin America, despite its relatively small vehicle market, has a significant vehicle manufacturing base, be it because of the protection of the … [continued]
NIO Profitability? NIO’s got a big target in mind. It is aiming to finally achieve profitability in the 4th quarter of this year. Naturally, that’s a huge deal for the company. Tesla’s stock price soared in 2019 when it finally achieved profitability, and I think most investors assume startup car … [continued]
If you can’t beat ‘em, join ‘em It is not a secret for anyone that China has been rising as the uncontestable EV leader globally. Competition is arising in Europe and South Korea (mainly thanks to relatively protected markets and government support for locally produced EVs), whereas the US seems … [continued]
Update: I should note that any original plans or contracts have not been verified and any cancellation of these plans or contracts have not been verified. Coverage of this is limited, indicating some traditional media don’t have enough proof to report on it. It should also be emphasized that this … [continued]
Things that have existed since we were born are very hard to imagine not existing. That may be especially true for broad societal norms, structures, and assumptions. The United States has held an exceptional role in the world for more than 100 years, and especially since World War II. Through … [continued]
You read that right. Mexico — the country — has gotten tired of waiting for Tesla to build a factory and produce cheap electric cars there, and it’s going to build cheap electric cars itself! Well, correction, it will do with with a private sector partner in a unique public-private … [continued]
Whilst Latin America’s largest vehicle markets have been undergoing significant EV growth (we can already predict Brazil’s plug-in market share will surpass 5% in 2024 and Mexico’s will be above 2%) and several minor markets are showing meteoric growth (Costa Rica, Uruguay, and Colombia), this does not mean the entire … [continued]
