Global EV sales continued as expected by us at the beginning of 2023. A total of 14,2 million new BEV and PHEV were delivered during 2023.
The manufacturer with the most sales of both new energy vehicles and BEVs in March was once againBYD. The Chinese car manufacturer achieved its second-best monthly result (after 341,043 units in December 2023). It sold 302,459 NEVs, which is 147 per cent more than in March 2023, and 1...
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...
A number of BYD’s domestic peers posted double-digit growth of delivery in 2023. Aion maintained lead in emerging Chinese EV brands in terms of sales volume. The brand owned by the state-owned manufacturer Guangzhou Automobile Group Co., Ltd. (GAC) sold 45,947 vehicles in December with a...
December 6, 2024 UK: EV sales rose for an eleventh successive month December 6, 2024 Tags EV ChargingUKplug-in salesPlug-in Vehicle Salesev salesElectric Vehicle SalesElectric Car SalesVolkswagenNissanelectric vehiclesbmwformula eplug-in car salesnissan leafmercedes benzelectric busElectric Buseselec...
Last year, the company delivered 120,757, representing a 23% increase year-over-year. Total cumulative deliveries reached 263,928 as of January 31, 2023. In December 2022,XPeng Flagship G9 SUVwas named one of China’s Top 10 Cars of the Year in the 10th Xuan Yuan Awards, and received...
A number of BYD’s domestic peers posted double-digit growth of delivery in 2023. Aion maintained lead in emerging Chinese EV brands in terms of sales volume. The brand owned by the state-owned manufacturer Guangzhou Automobile Group Co., Ltd. (GAC) sold 45,947 vehicles in December with a...
Over January-November, China produced 8.43 million EVs, up by 34.5% on a yearly basis, while total sales increased by 36.7% to 8.3 million units over the same period. In the first 11 months of 2023, production of PEVs totaled 5.89 million units, up by 21.1% year on year, while ...
Sales from January to December totaled 3.0244 million units, consolidating BYD’s leadership in China. The data suggested BYD managed to meet its annual target of 3 million NEVs. BYD chairman Wang Chuanfu said in March 2022 that his company aimed to sell at least 3 million vehicles in 2023...
The shift to electric vehicles is far from a smooth ride, but the numbers—both 2023 sales and 2024 forecasts—do not support the idea that we are in some kind of apocalyptic event for this segment of the auto market. The forecasters expect EV market share to reach 9% to 11%...