Electric vehicle sales are charging ahead at record pace, according to the latest data from Kelley Blue Book. KBB’s Q3 EV sales volume report, released Thursday, showed more EVs were sold in the third quarter of 2023 than in any previous quarter as EVs earned a record market share...
General Motors (GM) recently released a report revealing the delivery results of the first Chevrolet Silverado EVs. According to the legacy automaker’s Q3 2023 delivery reports, Chevrolet delivered 18 Silverado EVs in the quarter. Chevrolet’s dedicated page for the Silverado EV states that the R...
Oct 10, 2023ΞComments Offon BMW Reports Nearly 80% Surge in EV Sales in Q3 BMW Reports Nearly 80% Surge in EV Sales in Q3 posted byLloyd Murphy BMW has reported a remarkable surge in the sales of its electric vehicles (EVs) during the third quarter of 2023. According to the company...
a strategic document aimed at promoting EV adoption in rural areas. This will encourage auto manufacturers to introduce more affordable models, enhance sales systems, and facilitate trade-in services for rural consumers. We expect China’s EV sales toexceed8 millionunits by the end of 2023.” ...
So, while BMW is establishing itself in the six-digit range, its German competitor is currently not even managing to reach the 50,000 mark per quarter – something it achieved in all quarters of 2023. At Mercedes, the sales trend is different from that of BMW: while plug-in hybrids in ...
BYD Company Ltd (OTCBB: BYDDY) remains China’s biggest EV seller, with sales topping the 500,000 benchmark for the first time in October. BYD reported Q3 2024 revenue of $28.2 billion, good for a 24% Y/Y growth while net profit increased 11.5% Y/Y to $1.63 billion. In comparison,...
Ford posted its best-ever quarter in terms of electric vehicle sales in the third quarter of 2023, accounting for a 14 percent increase from the same time in 2022. Ford sold 20,962 EVs in Q3, up from 18,257 in Q3 of last year. So far this year, Ford has sold 46,671 EVs, a 13...
Q3 EV SHARE OF TOTAL BRAND SALES In 2020, just three years back, EV sales in the U.S. passed 250,000 for the first time. This year, the market will jump past 1 million. In Q3, Tesla remains the undisputed leader in EV sales, with Ford a distant #2 on the list, selling just ...
12% decline in overall sales of passenger vehicles in the country. In the US, EV sales soared over 79% YoY during the quarter. The top 10 automotive groups, encompassing 48 automotive brands, dominated the global EV market in Q1 2023, capturing three-fourths of the total global EV sales....
Xpeng Inc is a China-based company engaged in design, development, production and sales of smart electric vehicles (Smart EV). The Company's primary products are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). The Companyâs Smart...