The Model Y was the best-selling plug-in electric vehicle model worldwide, though most of the leading ten PEV models were from Chinese brands, reflecting the fast-paced EV market in Asia-Pacific. Read more Global plug-in electric vehicle market share in 2023, by main manufacturer ...
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 represents 29% of all light vehicles sold in the region, up from 15% in 2021. Europe is the second largest EV market, with a 26% share and 2.6 million units ...
Taiwanese electronics major Foxconn Technology Group is reportedly looking at India as its third global base for tapping into the potentialelectric vehicle (EV)outsourcing market, with plans to capture 5 percent of the sales worldwide by 2025. The company aims to deliver b...
Chinese firms dominate as global EV battery market faces headwinds Nuying Huang, DIGITIMES, Taipei Wednesday 14 August 2024 Enter email addresses (max 10), separated by commas (required): Your name (required) and email (required) Your personal comment (200 character limit): Would you like ...
According to Mokter Hossain, an assistant professor at the College of Business and Economics, Qatar University, the competitive edge of Chinese EV companies is the result of a multifaceted strategy that combines governmental support, market scale, rapid innovation, and strategic global positioning. ...
SNE Research: China’s CATL and BYD rank first and second in market share of global EV battery usage in the first five months of 2023 By Li Panpan (JW Insights) Jul 5 -- The amount of energy held by batteries for electric vehicles (EV, PHEV, HEV) registered worldwide in the first ...
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
China's EV market has boomed recently. Government support is crucial but if the U.S. media blames it all out of Chinese government subsidy, it is a wrong start. In this episode of BizBeat, CGTN's Kate Kui talks about how China's new energy vehicle market is set to...
BEIJING, March 10 (Xinhua) -- Chinese market welcomes global electric vehicles (EV) so that customers can enjoy diverse products and services, the minister of science and technology said here Saturday. The transition from traditional cars to electric ones is a global trend and the development of...
BYD, a leading Chinese new energy vehicle manufacturer and also an EV battery maker, beat out Japan's Panasonic for third place with a market share of 11.9 percent during the period, the data showed. The total amount of battery energy for EVs reached 53.5 GWh globally in the first two mon...