Despite some headwinds across the EV value chain in 2023, global EV sales (including battery electric vehicles (BEVs) and plug-in hybrid) totaled 1.1 million units in January 2024, a 69% year-over-year (YoY) increase and a new monthly global record.6Sales in China nearly doubled, with ...
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...
BYD is set to surpass Tesla in EV sales for 2024. In this graphic, we illustrate the global electric vehicle market share for 2023.
Our strategists see strong signs that the IRA official announcement in March 2023 will give a relative advantage to manufacturers that are pushing ahead with local production in the U.S. of EVs, battery-related products, and EV components. ...
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The next million EVs will take just over 6 months. We expect the five-millionth EV to be sold in March 2019. Unsurprisingly, around 42% of those upcoming EV sales will be in China, with Europe contributing 26% and North America 25%. However, if Tesla Model 3 sales continue to accelerat...
The automobile industry of the S&P 500 alone is expected to see earnings growth decline 7.6% in 2024, almost entirely stemming from challenges faced by Tesla, Inc. That said, consensus expects it to grow 11% in 2025. While the shift to EV usage may take longer than auto company management...
EV sales are booming, but the value chain is under pressure. The transition to eMobility depends on collaboration across the ecosystem. Learn more.
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During a speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2024, Kazakh President Kassym-Jomart Tokayev said the meeting takes place against a backdrop of unprecedented global uncertainty, fueled by geopolitical turbulence and economic upheavals, and "the outlook is not...