21 report by the Clean Investment Monitor comparedactual progress in EV sales and clean electricity deployments toprojections from Energy Innovation (EI), the REPEAT Project atPrinceton University and Rhodium Group of how the IRA and theInfrastructure Investment and Jobs Act would impact the two...
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.
Electric Vehicle Sales in US To Hit Record 9% of all Passenger Vehicles Sold This Year, Lags Behind China and Germany posted byMike Smith The electric vehicle (EV) market in the United States is poised to achieve a historic milestone this year, with projections indicating that EV sales will...
I gathered 2024 U.S. automotive forecasts from AutoPacific, Cox, and S&P Global Mobility. Their projections show increases in EV sales ranging from about 20%, from AutoPacific, to more than 30% from the others, compared to the prior year. “EV sales are increasing faster than an...
Between 2018 and 2022, projections for EVs’ share of the global light-vehicle market in 2030 increased 3.8 times, from around 17 million to 64 million units (Exhibit 1). This growth has been fueled by the expectation that EVs will reach total cost of ownership (...
Recent announcements from multiple electric vehicle manufacturers indicate slowed demand, but S&P Global projections for US EV growth in 2024 remain optimistic. This year alone, Tesla announced a drop in sales; Ford pushed back its rollout of new EVs by two years and cut production; General Motors...
BNEF, predictsChina’s EV market share reaching 20% by 2025. However, BNEF has had the honesty to admit that many of its forward projections in the new energy space areconsistently and “embarrassingly” behind the curve. (Editor’s note: BNEF analysts have also admitted this to CleanTechnica...
Projections show thatBYDwon’t do quite as well in 2024. It reported a net profit for Q1 that was 47% lower than Q4 2023. This resulted from selling almost 34% fewer plug-in vehicles (EVs and PHEVs combined) in Q1 of this year compared to the last quarter of 2023. ...
The global sales of electric vehicles are expected to hit $384 billion in 2022, according to data from Statista’sMobility Market Outlook. Battery EVs and plug-in hybrid EVs have both seen growing popularity in recent years, with projections estimating that they will reach a shared market volume...
One of the assumptions that drove the high projections was a belief that 2015 oil prices would be more than $100 a barrel, while they now hover at half that. According to the scenario they reference in the report, that difference could account for up to 300,000 sales. It also assumed ...