The latest forecasts from global technology intelligence firmABI Researchfind that global EV sales are expected to grow by 21% in 2024 and 19% in 2025. This represents a significant decline from growth rates of 31% in 2023 and 60% in 2022. “A shortage of chargers and limited ranges are ...
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...
added,"Indeed,there was a roll-back of EV subsidies in China,but this did not happen until mid-to-late March.The cooling down of Feb.EV sales in China is likely due more to both macro-economic and seasonal trends.We anticipate lower absolute sales volumes at the beginning of the year....
and the market distortive profile of subsidies could weigh on motivation to push EV sales. That will likely lead to stable (at best) or declining EV market share in the U.S. and Europe. Conversely, in China, we believe that pricing parity and the larg...
BluSmart, South Asia's largest all-electric ride-hailing service and EV charging infrastructure network, introduces ‘BluSmart Darshan’ Experts at Thailand Tourism Forum 2025 define the country’s new earmarks for luxury Marga Manlapig Jan 17, 2025 Experts at this year’s Thailand Tourism ...
The company’s subsidiary, Jingzhou Henglong Auto Parts Mfg., reached a new monthly record high sales and production in December, 2024. January 28, 2025 Volvo Debuts New Volvo XC90 in Canada Among many safety features, the vehicle incorporates an advanced safety cage and Volvo’s latest suite ...
Also in today’s rundown: EV-makers guarantee subsidies amid uncertainty about extension of government trade-in program, TikTok and WeChat win approval in Malaysia under new license systemJan 03, 2025 06:48 PM Caixin Deep Dive: Decoding China’s Economic Strategy for 2025 The country’s leader...
Electric Vehicles (EVs/Batteries/EV Charging)(134) Automotive Supply Chain(75) Mobility(63) Vehicle Sales/Registrations(63) Light Vehicles(51) Vehicle Loyalty(32) Vehicle Components(27) Vehicle Production Forecasts(26) Vehicle Sales Forecasts(26) ...
Electric Vehicles (EVs/Batteries/EV Charging)(134) Automotive Supply Chain(75) Mobility(63) Vehicle Sales/Registrations(63) Light Vehicles(51) Vehicle Loyalty(32) Vehicle Components(27) Vehicle Production Forecasts(26) Vehicle Sales Forecasts(26) ...
Huawei revenue:Huawei Technologies Co. Ltd. estimated that its 2024sales revenue roseto more than 860 billion yuan ($117.9 billion), which would mean an annual growth rate of about 22%. Apart from itsexpanding carmaking alliance, Huawei was China’sfastest growingmajor smartphone brand last year...