Experts say, however, that 2024 may be the year to finally pull the plug on gasoline-powered cars and trucks. "Five years ago we did not have the array of EVs we have now. They account for 10% of the market," John Voelcker, a contributing editor at Car and Driver, told ABC News...
It's true that EV sales in 2024 aren't proving to be on this predictable, up-and-to-the-right growth curve that automakers and their suppliers hoped for. It's also true that many brands are up on electric sales whileothers are down, that anupcoming electionthat could reset emissions rul...
U.S. EV sales in 2023 crossed the one-million-unit mark for the first time and increased about 52 percent compared with 2022. Despite the growth, only one in 10 new car registrations in the United States was electric in 2023, against more than one in three in China and over one in f...
Make sure that the final piece is gradually slowing down. Or you may be woken up by the sudden silence. It’s very important to get enough high-quality sleep. Before you go to bed tonight, play some soft music. Then, just prepare to be rocked off to dreamland.1. It is found that...
Bloomberg's McKerracher says U.S. EV sales this year are "the toughest to call" among all global markets, though. He notes Tesla remains dominant, Hyundai and Kia "aren't slowing down," and only the domestics—Ford and GM—have claimed demand for EVs is "faltering." Incentives changed...
Breakings · Mar 21, 2024 08:53 The National Retail Federation (NRF) estimates that the annual increase in retail sales this year is between 2.5% and 3.5%, or between 5.23 trillion and 5.28 trillion US dollars, down from 3.6% last year. This estimate does not include car sales, gasoline...
Shutting down factories is a response not only to the pandemic but also to an anticipated decline in car sales. Social distancing measures are likely to reduce traffic in showrooms, and the economic impact of those measures will also deter people from making big purchases. ...
BYD's slow start to the year was attributed to the Chinese New Year’s celebration and other factors that saw fewer people buying EVs. However, sales picked up in March when it sold almost 140,000 EVs, and they have stayed strong through April. Even though BYD is slowing down and experi...
Nowadays business travel shows no sign of slowing down as the world opens to a new era of travel. Even in this world of instant communication and social media, business travel is as necessary and advantageous as ever where Global Business Travel Association recently announced a surge in business...
June 3, 2024 Read article on Forbes Is DTC really dead? Not yet. The big challenge isn’t the direct-to-consumer model itself. It’s the way it’s being implemented—and that’s a very solvable problem. The postmortems are complete and the obituaries are written—thedirect-to...