Thursday, July 25, 2024

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EV Sales

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...

NEV Sales Increase 16.9% in the First Quarter of 2024 While PHEV Sales Surge Nearly 50%

According to TrendForce Global Automotive Reports, the global sales of NEVs (including BEVs, PHEVs, and FCEVs) surged to 2.842 million units in 1Q24—making a 16.9% YoY...

EV Adoption Study Suggests Electric Vehicle Consideration Will Surge in Second Half of Decade

A second, significant wave of shoppers ready to consider buying an electric vehicle (EV) is poised to begin entering the market in the second...

Global Electric Vehicle Sales to Reach 17 Million in 2024, IEA Outlook Shows

The International Energy Agency (IEA) has released its latest Global EV Outlook, forecasting a milestone in the electric vehicle (EV) industry with global sales...

Global EV Sales Expected to Only Increase by 21% in 2024 as EV Market Cools

The latest forecasts from global technology intelligence firm ABI Research find that global Electric Vehicle (EV) sales are expected to grow by 21% in...

Just 18% of European car buyers favour Electric Vehicles, finds Bloomberg Intelligence

European consumers continue to favour internal combustion engine (ICE) models – especially plug-in hybrids – over the battery electric vehicles (BEVs), according to Bloomberg...

Price war in China’s passenger car market to remain fierce in 2024, says CPCA secretary-general

The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until...

BYD Set to Challenge Tesla for the Crown in EV Sales in 2024, Says TrendForce

TrendForce reports that global sales of NEVs, including BEVs, PHEVs, and FCVs, reached 13.03 million units in 2023—marking a growth rate of 29.8%. This...

EV Development Faces New Challenges, Porsche CFO Suggests Delay in European Ban on New Fuel Cars

Porsche’s Chief Financial Officer Lutz Meschke has stated in a media interview following the conclusion of the Macan EV unveiling on January 25, 2024,...

Americans Buy Nearly 1.2 Million Electric Vehicles to Hit Record in 2023

As the shift toward an electrified future continues, a record-breaking nearly 1.2 million U.S. vehicle buyers chose to go electric last year, according to...

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