Tesla Model Y crossover sales are still going strong, even despite the EV market slowdown, with over one in three EVs bought in the US being Model Ys.
Hyundai Motor Group’s electric vehicle (EV) sales in the United States increased by 60.8% in the first half (H1)of 2024 compared to the same period a year ago. A recently released report by the Korea Automobile & Mobility Association (KAMA) revealed that Hyundai Motor Group sold approximate...
Honda Motor has announced its electric vehicle (EV) sales figures for the April-June 2024 quarter. The company sold 204,000 hybrid electric vehicles (HEVs), 4,000 plug-in hybrid electric vehicles (PHEVs), and 6,000 battery electric vehicles (BEVs). Despite these figures, Honda did not d...
Battery electric vehicle sales continue to take up a vastmajority of zero-emission vehicle sales in California while sales ofall types of ZEV saw year-over-year boosts, the latest data fromthe California Energy Commission shows.Daniel Weeks
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, ...
It was the first time U.S. EV sales reached 1 million in a year. [Illustration: Inside Climate News] So what does 2024 look like? I gathered 2024 U.S. automotive forecasts from AutoPacific, Cox, and S&P Global Mobility. Their projections show increases in EV sales ranging from...
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.
“Electric vehicle sales in the U.S. declined during Q1 2024 – the first quarter-over-quarter downturn since Q2 2020,” saidStephanie Valdez Streaty, director of Industry Insights at Cox Automotive. “As anticipated, Tesla’s sales took a hit, influencing the overall market dynamics. However...
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 ...
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