Approximately 14 million electric car vehicles were sold across the world in 2023, in which it made up 18% of total car sales, up from 14% in 2022.
as well. Recently, PHEVs have been experiencing increased popularity in China. BYD secured its leading position with 79% sales growth and 9.8% points increase in market share YoY. Thetop 10 automotive groups, encompassing28 brands, collectively accounted for over80%of the totalpassenger EV sales...
Sales include the ID.4 X and ID.4 Crozz made by VW’s joint ventures with SAIC and FAW in China. Outlook for 2024 Sales of EVs in 2023 were supported by a broad vehicle market recovery amounting to +10,5 % over 2022. For 2024, we expect global Light Vehicle sales growth to be ...
Despite the several risks for EV sales growth in 2023, the long-term shift away from internal combustion engine vehicles remain unaffected. S&P Global Mobility projects that the share of battery electric vehicles, plug-in hybrid electric vehicles an...
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...
with sales rising to 19.13mn.Growth in 2023 was undermined by an underperforming Chinese economy,as a housing crisis ate into consumer savings,limiting EV uptake.China's overall passenger car market grew by just 0.2pc in the frst three quarters of 2023,according to estimates by the European ...
In China, the market is now in a period of linear growth as EVs achieved a 36% market share in 2023 and are expected to make up over half of all car sales by 2025. 在中国,电动汽车市场目前正处于线性增长期,2023年电动汽车的市场份额达到36%,预计到2025年将占所有汽车销量的一半以上。
to more than double our sales of fully-electric vehicles again in 2022,” said Pieter Nota, member of the Board of Management of BMW. “We are confident we can build on this success in 2023 as we continue to see particularly high order intake for our fully-electric models,” Nota added...
growth again. The regional growth pattern has shifted: China EV sales increased by +37 % in 2023 H1 y/y, compared to +82 % in 2022 vs 2021. Sales in Western and Central Europe were up +28 % in H1 compared to just +15 % in 2022. EV sales in USA and Canada are +50 % higher...
these cuts, we can see a drop in PEV sales, before sales readjust and return to upward growth again around 2-4 months later. This showcases a correlation between subsidy cuts and EV sales in the market, leading us to expect that this trend will play out in 2023 when the OEM subsidy ...