"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...
For the period of January-October 2024, passenger car sales in 31 European countries increased by 0.9% y/y to 10.821 million units, and production volume in 17 European countries declined by 1.3% y/y to 11.595 million units. A drop in exports of EVs and plant facilities renovation for prod...
“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...
“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...
New electric vehicle (EV) sales across the world continued to grow across the first half of 2024. But did the market show signs of slowing? EV Volumes founder, Roland Irle, explores the progress of plug-ins with Autovista24 editor Tom Geggus. The global new light-vehicle market, including ...
This includes ICE vehicles, slowing EV share growth. For USA and Canada combined we expect BEV & PHEV sales to grow by +56 %, for a share of 13,8 % in total light vehicle sales. The Inflation Reduction Act (IRA) stimulates EV growth in USA, once the complex conditions for obtaining ...
(Reuters) -Toyota Motor will postpone the start of electric-vehicle production in North America to the first half of 2026 due to design adjustment and slowing EV sales, the Nikkei business daily reported on Thursday. The Japanese automaker recently told suppliers the sta...
Analysts say sales are slowing because early adopters have bought EVs and mainstream buyers are worried about limited range and a lack of chargers on longer trips. Still, automakers are adding segments of the markets, and with more models arriving, buyers have more choices, said Stephanie B...
Global EV sales, 2017 to 2024. US EV industry facing challenges As the top seller of EVs in the US, Tesla’s (NASDAQ:TSLA) performance has an outsized impact on the region’s EV industry. Lagging sales of Tesla models in 2024 have dragged down the overall performance of the North Ameri...
EV sales growth is slowing for a multitude of reasons, and some carmakers may indeed have gotten a little ahead of their skis. In part, that’s because a brand-new market is hard to predict. It’s also due to high EV prices, unforgiving interest rates and consumer concerns around EV ...