With thesteady growth of electric vehicle (EV) salesin Canada amid a changing climate, will the batteries that power them be able to endure more and longer periods of extreme weather? That is a good question to ask as a number of other concerns h...
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.
We now have a bunch of specs and technical details that we can share with you. Remember, sales in Canada are scheduled to begin this fall. Also:Chinese-Bound Kia EV5 Could Land in Canada as Cheaper Electric SUV Also:2024 Kia EV9 Debuts as Three-Row Electric SUV With Stormtrooper ...
While BEV sales have slowed this year, hybrid vehicle sales remain robust.PWC reports a 69.7% increase in plug-in hybrid electric vehicle (PHEV) saleslast quarter compared to Q1 2023 andS&P Global announced 75% growth in new PHEV registrationsin Canada for the first four months of 2024. Clai...
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.
Tesla has just announced a bad news for its investors. The American EV major has said that its electric vehicle sales growth is expected to be significantly slower in 2024 as compared to 2023. The Elon Musk led company has cited many reasons including Increased competition in the EV market, ...
In China, meanwhile, 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. BYD has continued to drive down the price of EVs to the point that in many segments they are now the ...
Lion Electric is just one of the EV startups that rode the wave of optimism and crashed into financial distress. Rising operating costs, driven by inflation and higher interest rates, have squeezed profit margins across the EV industry. While global EV sales have grown in 2024, the pace of...
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%...
Honda Motor announced electric vehicle (EV) sales figures for the April-June 2024 quarter. The company sold 204,000 hybrid electric vehicles