Company and is Segmented by Vehicle Type (Passenger Cars and Commercial Vehicles) and Drivetrain Type (Battery Electric Vehicles and Plug-In Hybrid Electric Vehicles). The Report Offers Market Size and Forecasts for the Chinese Electric Vehicles Market in Value (USD Billion) for all the Above ...
Data from the California Energy Commission (CEC) indicate 115,897 electric cars were registered in the state in the 3rd quarter. EV market share almost rose to a new record. At 26.4% share of the California new auto market, it was the second best quarter in history in that regard. Califo...
In the last two years, more than ten new entrants have started sales in Europe. And while current sales figures remain low (largely between 100 and 2,000 cars per brand per year), the ambitions of these players are high. For example, BYD announced a deal with a market-lead...
7. MARKET OPPORTUNITIES AND FUTURE TRENDS Electric Car Rental Industry Segmentation Electric car rental companies hire cars for a set amount of time at a set rate. This service is frequently structured with several local branches, usually located around airports or major areas of the city, and su...
One of the most innovative and interesting segments in the new-car market is the electric vehicle category. We are seeing exciting new technology in all types of cars, trucks and SUVs, but with EVs, it’s a whole new mode of propulsion, and automakers are using the opportunity to try ne...
The global electric vehicle market size reached USD 755 Billion in 2024 and is set to grow USD 4,360 Billion by 2033, CAGR of 21.5% (2025-2033).
Because conventional vehicles last longer, roughly 16 years on average, transitioning the vehicle industry towards EVs is likely a gradual process. Meanwhile, electric cars haven’t found stable footing on the market and still lose to traditional gas-powered automobiles. Although there will likely be...
to be put into operation by 2025. It will also create thousands of job opportunities for the local workforce. Currently, the ATTO 3, Dolphin, and Sea Lion models made their debut in Hungary in October last year. Hungary is BYD's first entry into the Central and Eastern European market. ...
while new energy vehicles sold 878,000 units, representing a 36.9-percent increase and a market penetration rate of 51.1 percent. For the first time, the monthly retail sales of new energy passenger cars in China surpassed those of traditional fuel vehicles, marking a historic moment for the Ch...
Extensive coverage of the electric vehicle industry. News and insights on the latest electric cars and updates from EV brands across the US, Europe and China.