China is by far the largest market for EVs. The country's new energy vehicle sales should have reached 6.7 million units in 2022, more than double the figures registered in 2021, according to the China Association of Automobile Manufacturers. ...
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.
This is a line graph showing the EV sales forecast for China, Europe and the US, from 2020 to 2040 as a percentage of market share. Why eMobility is gaining traction Several factors feed into the uptake in eMobility: Regulation is giving certainty to the direction of EV travel. It buil...
Q3 Sales Up 11.6% for EVs With OEM Reported Sales Numbers Sales of the EV models with automaker reported sales were up 11.6% in Q3 versus Q2 2022, according to new analysis from EVAdoption’s EV Sales Scoreboard. While solid overall growth, this was a decline of roughly 34 percentage poin...
In the US, EVs accounted for 7% of new vehicles sold in 2022. New federal tax credits for eligible EVs combined with price cuts should grow the market in 2023, but not for all brands. Jones said, “The EV percentage share of vehicles sold in the US will only mirror the growth in Mai...
The decline in sales gross margins in 2022 is one of the factors for their loss. Li Auto’s gross margins reached 19.41% in 2022, a decrease of 1.92 percentage points from the previous year. Xpeng and NIO fell by 1 percentage point and 8.44 percentage points respectively, and that of Le...
Fast charging percentage 10-80 Maximum power(kW) 200 Maximum torque(N-m) 343 Motor(Ps) 272 Length*width*height (mm) 4853*1990*1611 Body structure 5-door, 5-seater SUV Maximum speed (km/h) 200 Official 0-100km/h acceleration (s) 7.2 Packaging and delivery Selling Units: Single item ...
Consequently, while we expect that the removal of the subsidy in 2023 will dampen EV sales, in line with historical trends, its removal will not have as severe an impact as in previous years when the subsidy made up a greater percentage of the EV price. ...
BYD’s gross profit margin in the third quarter edged up 1.07 percentage points YoY to 19.79%, widening its gap between Tesla. The U.S. EV giant reported a gross margin of 17.9% that quarter, falling from 25.1% a year earlier, when it had not yet begun the price cuts. This is the...
In 2022, a Forbesanalysisranked the Top 25 EV-friendly Countries around the world based onfive metrics: 1) number of EV sales, 2) number of charging points per capita, 3) average price of electricity, 4) percentage of energy from renewables, and 5) road quality. According to the results...