People in the United States haven't revved up their enthusiasm for electric vehicles despite plenty of dealerships nationwide offering steep discounts. Meanwhile, in China, EV sales are soaring. The drop in demand for EVs in the U...
The bearishness regarding EV sales in 2023 has directly affected the lithium market. Spot prices have been falling, particularly in China, and the short-term expectations are not positive. The latest Platts Battery Metals Outlook Survey found that...
the 1.6-liter ICE motor itself isn’t the smoothest in either hybrid when worked hard. Smoother than the 190 hp (193 PS) 2.2-liter diesel, mind. Yes,dieselsales are falling, but there are still enough people in Europe who tow and can’...
China's EV market is a blueprint for the successful implementation of regulations, subsidizing manufacturing and sales and keeping costs low. But in the face of a brutal price war, cutthroat competition and cooling demand, even Chinese brands are struggling. By contrast,Teslaonly takes about 101 ...
While there are some serious challenges surrounding EVs—such as the need to build out the nation’s charging infrastructure—automakers are on track to continue on a path of substantial growth. Leading forecasters agree that sales and market share will continue to grow in 2024. But t...
Across the Atlantic, the US anticipated falling EV sales and was one of the only markets to implement fresh incentives through federal tax credits. Around 80,000 EVs were sold in January – a 7.8% market share. However, there was no sales surge from these credits as automakers made the p...
EV sales are booming, but the value chain is under pressure. The transition to eMobility depends on collaboration across the ecosystem. Learn more.
One thing that could slow the Chinese car industry's breakneck expansion is a brutal price war. Steep price cuts in China contributed to Tesla's falling sales and profits in the first quarter. On April 29th BYD, which has also been offering deep discounts, reported rising sales compared with...
Germany has suffered a “spectacular” drop in electric car sales as the European Union faces growing calls to delay its net zero vehicle targets.
People in the United States haven't revved up their enthusiasm for electric vehicles despite plenty of dealerships nationwide offering steep discounts. Meanwhile, in China, EV sales are soaring. The drop in demand for EVs in the US comes after international automakers bet big and invested billions...