Wednesday, 15 March 2023 Canalys’ latest research shows that worldwide sales of electric vehicles (EVs) grew annually by 55% to 10.1 million units in 2022. Mainland China was by far the largest EV market, with 59% of EVs sold there in 2022, a total of 5.9 million units. This represe...
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.
Visitors look at electric cars of Chinese car brand BYD at the IAA Mobility 2023 international motor show in Munich, Germany. (PHOTO: VCG) By GONG Qian Chinese electric vehicle (EV) automakers have recently faced mounting pressure when expanding their overseas markets. Currently, the UK and...
CATL has ranked first in the world for seven consecutive years, according to SNE Research, a South Korean battery and energy research company, which recently released global EV battery consumption volume data in 2023. As a leading market research company in South Korea, SNE Research has long bee...
Global EV sales continue strong. A total of 6 million new BEVs and PHEVs were delivered during the first half of 2023, an increase of +40 % compared to 2022 H1. 4,27 million were pure electric BEVs and 1,76 million were Plug-in Hybrids. Preliminary July results show +40 % growth...
The global EV market has grown steadily. One in seven new cars sold in 2022 was electric, up from one in ten in 2021. In 2019, of every 1,000 cars sold worldwide, 975 were ICE vehicles. In emerging EV markets, growth is taking off. Sales in India, Thailand, and Indonesia have dou...
BYD Widens Gap with Tesla in Q3 2022, Leads Global EV Market A Promising Yet Challenging Market for Self-driving SoCs China EV Charging Points Soar 56% YoY in 2021; 42% CAGR Seen for 2022-2026 AutomotiveBatterybattery electric vehicleBMWBYDchinaelectric vehiclesGeneral MotorsgermanyHyundaiKiaLithium...
According to the latest EV test equipment market forecast, Asia Pacific is expected to hold largest share from 2023 to 2031. Rise in adoption of EVs is fueling market dynamics in the region. China, in particular, has emerged as the largest electric vehicle market globally, with a focus on ...
In 2023, in preparation for a possible gradual growth decline in the Chinese domestic market, which is the world’s largest EV market, the Chinese battery suppliers are expected to enter overseas markets such as Europe. Furthermore, with the Chinese battery makers entering the European market in...
China's electric vehicle (EV) market now accounts for over 50% of new EV sales globally, increasingly posing a threat to local and global transport oil demand locally and globally. Sales continue to exceed expectations, ending the year 2021 with a stunning 150% growth. Full-year EV sales ro...