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EV market

Global NEV Sales Expected to Grow 18% in 2025, with US Market Facing Uncertainty, Says TrendForce

TrendForce’s latest investigations find that global sales of NEVs—including BEVs, PHEVs, and FCVs—reached 16.29 million units in 2024, marking a 25% YoY increase. The...

As EV sales surge, the UK car industry could be about to reach a turning point

Peter Wells, Cardiff University Last year, electric car registrations in the UK topped those of Germany. The number of UK sales (382,000 vehicles) came from...

Deloitte: EV Inertia Returns as Hybrid Popularity Grows

U.S. consumers seek hybrid middle ground to satisfy fuel and emission priorities; vehicle brand ambivalence and autonomous apprehension increases  In the U.S., intent to purchase a...

China’s Auto Industry Faces New Price War as BYD Slashes Prices Early

According to a report from Radio Taiwan International, citing South China Morning Post, price wars in China’s automotive industry have intensified due to fierce...

Chinese EV Leader BYD Pressures Suppliers for 10% Price Cuts, Sparking Fears of an EV Price War

Due to the fierce price competition in China’s automobile market, according to a report from Commercial Times, on the 27th, leading new energy vehicle...

Chinese EV Makers Shift to Africa Amid US and EU Import Restrictions

According to a report by Commercial Times, citing South China Morning Post, as the U.S. and EU intensify sanctions on Chinese electric vehicles (EVs),...

AlixPartners: China Brands Poised to Capture One-third of the Global Automotive Market by 2030

The traditional automotive operating model is poised for a seismic shift as Chinese brands are projected to capture one-third of the global market by...

Chinese electric vehicles are transforming Australia’s car market. Are we getting a good deal?

Sanjoy Paul, University of Technology Sydney and Priyabrata Chowdhury, RMIT University China’s electric vehicle (EV) manufacturers are having a moment. For a long time, the race...

IDTechEx: Dispelling the Downturn of the EV Market

Electric vehicle (EV) related news has been somewhat bleak in the first part of 2024; you will have heard a lot about the downturn...

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