Tuesday, June 6, 2023

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EV Sales

EVs could dominate the market only seven years from now

Yale University Transportation accounts for roughly one-third of U.S. greenhouse gas emissions, and adoption of electric vehicles are seen by many experts in government and...

Global New Energy Vehicle Sales Reach 2.656 Million Units in Q1, Tesla Reclaim Market Share

TrendForce reports the total sales of New Energy Vehicles (NEVs)—comprising BEVs, PHEVs, and FCVs—reached 2.656 million units in the first quarter of 2023, marking...

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...

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...

Fitch expects China’s NEV sales to maintain strong growth, while ICE vehicle sales to decline

Fitch expects sales of passenger NEVs in China to grow by more than 30 percent in 2023, while ICE vehicles will decline by the...

2022 UK car production down but EV output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle...

Deloitte: Affordability Concerns Slow the EV adoption

As consumers in the U.S. and other global markets become more flexible to changes in the automotive sector, concerns about cost and trust still...

Global NEV Sales Reached 2.87 Million Units for 3Q22 as BYD Trailed Closely Behind Tesla in BEV Segment

TrendForce’s latest research finds that global sales of new energy vehicles (NEVs), which encompass battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel-cell...

Electrified Vehicle Sales Hit Record in the U.S.

Sales of electrified vehicles hit a record in Q3 2022, as one of the hottest segments in the U.S. automotive market continues to make...

Surging sales of large gasoline pickups and SUVs are undermining carbon reductions from electric cars

John DeCicco, University of Michigan Replacing petroleum fuels with electricity is crucial for curbing climate change because it cuts carbon dioxide emissions from transportation –...

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