“As anticipated, Tesla’s sales took a hit, influencing the overall market dynamics. However, a few brands saw significant EV sales increases, achieving over 50% year-over-year growth. As noted in January, we are calling 2024, ‘the Year of More’. More new products, more incentives, mo...
Blame the decline of Tesla and the lack of the Chevrolet Bolt in our market and the sales data in aggregate starts to look bad. But the truth is more nuanced.
(Credit: Volkswagen of America) Volkswagen’s electric vehicle (EV) sales for the first half of 2024 (H1) have been marginally affected by slowing demand. The German automaker reported “the same delivery level as 2023” for the first half of 2024. Volkswagen reported delivering 4.25 million v...
"A shortage of chargers and limited ranges are not to blame for this decline. It's evident from sales data and statements by Original Equipment Manufacturers (OEMs) that the EV market is slowing down and failing to meet its targets," saidDylan Khoo, electric vehicles industry analyst. 电动...
EV sales momentum had been slowing in Germany since September 2023, when they declined 15% year on year. That fall continued in early 2024, with BEV penetration falling six percentage points from year end 2023, demonstrating how important incentives had been i...
A Renault logo is pictured in Brussels, Belgium March 4, 2024. REUTERS/Yves Herman/File Photo PARIS (Reuters) - Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Lu...
“A shortage of chargers and limited ranges are not to blame for this decline. It’s evident from sales data and statements by Original Equipment Manufacturers (OEMs) that the EV market is slowing down and failing to meet its targets. While insufficient charging infrastructure and range limitati...
8 EV Market Trends to Expect in 2024 1. Slowing EV Growth Rates After the strong year-on-year growth in EV sales in 2023, the pace is expected to slow next year as the market attempts to expand beyond early adopters to more price-sensitive mainstream buyers. ...
Bloomberg's McKerracher says U.S. EV sales this year are "the toughest to call" among all global markets, though. He notes Tesla remains dominant, Hyundai and Kia "aren't slowing down," and only the domestics—Ford and GM—have claimed demand for EVs is "faltering." Incentives changed...
China’s EV Sales Show Signs of Slowing Down Shrilekha PetheMar 08, 2024, 07:00 PM A+ A- Story Highlights China’s EV sales are slowing down even as EV companies are offering deep discounts to fuel demand. According to data from the China Passenger Car Association, EV sales in China ...