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EV market

BYD Electric Cars Outperform Tesla in Southeast Asia, with Thailand as the Largest Overseas Market

Report to InfoTimes, Chinese electric vehicle giant BYD is making impressive strides in Southeast Asia, not only leaving strong rivals like Tesla far behind but...

Declining Battery Costs to Drive Electric Vehicle Market Share

Report to China Times, due to the declining cost of batteries, by 2024, the prices of electric vehicles (EVs) in Europe will be on...

BYD Closes In on Tesla in Q2 BEV Sales, with Surges Noted in Thailand and Australia

The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales—which encompass battery electricity...

China’s automobile exports are expected to hit 7.18 million units in 2025

1. China’s automobile export market bucked the trend. During 2021-2022, the global economy suffered an overall slump amid the severe outbreak inside and outside China,...

Can Toyota Overtake in the New Energy Vehicle Race with Solid-State Batteries?

Toyota announced during a technical conference on June 13, 2023, that Toyota has identified suitable materials to commercialize solid-state battery technology around 2027-2028, intending...

Chinese Car Brands Projected to Penetrate 9% of Western Europe’s NEV Market by 2023

In a bold move to disrupt the automotive industry’s dominance by European, America, Japanese, and Korean giants, Chinese car brands are aggressively expanding overseas,...

EY: Nearly half of US car buyers intend to purchase an electric vehicle

The latest EY Mobility Consumer Index (MCI) — a global EY survey of more than 15,000 consumers from 20 countries — reveals that US...

China’s Electric Vehicle and Lithium Battery Exports See Impressive Performance

The General Administration of Customs of China reported that the export of electric vehicles, lithium batteries, and solar cells reached 264.69 billion yuan ($38...

IEA: Global EV Sales Rose Sharply in 2022, Strong Growth Expected to Continue

Researched by Industrial Info Resources--High transportation fuel costs and supportive government policies helped push global sales of new electric vehicles (EVs) to more than...

US Sales of Used Electric Vehicles Increase by 32% in Q1

According to data assembled by Cox Automotive the market for used electric vehicles (EVs) in the U.S. is beginning to accelerate rapidly as more...

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