vehicle sales in the fourth quarter of 2023. Figures revealed a significant industry-wide stagnation two years earlier, in 2021, with industry sales increasing by under two percent compared to 2020. Sales had started to rebound in the fourth quarter of 2020, but the global chip shortage further...
Global car sales fluctuated over the past years amid disruptions in the industry. In 2023, car sales worldwide grew past pre-pandemic levels.
The announcement of the Lamborghini Revuelto in 2023 also seemed very successful. Orders for this first V12 HPEV (High-Performance Electrified Vehicle) hybrid super sports car already covers production into late 2026. In addition to Revuelto, Lamborghini unveiled the Lanzador concept car, a vi...
Electric vehicle battery costs should fall below $100/kWh by 2026, according to BloombergNEF’s 2022 Battery Price Survey, making EVs much more affordable. In addition, without the fuel or maintenance costs of ICE vehicles, EVs will also be cheaper to operate, which could further spur adoption...
SHANGHAI, Apr 6 (SMM) – In February 2023, sales volume of NEVs totalled 804,200 units in the world, up 23% MoM and 42% YoY. Among them, pure electric vehicle sales reached 592,000 units, an increase of 22% month-on-month, accounting for 74% of the total market, while a total...
According to the "Global Electric Vehicle Outlook 2023" report released by the International Energy Agency (IEA) on Wednesday, global electric vehicle sales exceeded 10 million last year, and the industry trend of continuous growth has not changed, of which China's sales accounted for 6...
The ratio of Lexus electrified vehicle sales*1 reached a record high of 47% through the expansion and robust sales of the electrified vehicle lineup, including the new "RX" and the battery EV exclusive model "RZ." Additionally, in the Japanese domestic market, strong sales of key models ...
Sales in China jumped 36.5% to 1.3 million vehicles in December, and totalled 11 million for the whole of 2024. In the United States and Canada, EV sales rose 8.8% to 0.19 million in December, while Europe reported sales of 0.31 million, up 0.7% from the same month of 2023. ...
HAIKOU, Dec. 8 (Xinhua) -- In the first three quarters of 2023, global sales of new energy vehicles (NEVs) reached 9.75 million units, with China contributing 6.28 million units, or more than 64 percent, according to data released at the 2023 World New Energy Vehicle Congress. ...
Sales of EVs in 2023 were supported by a broad vehicle market recovery amounting to +10,5 % over 2022. For 2024, we expect global Light Vehicle sales growth to be lower and less consistent, including a likely decline of overall vehicle sales in China. Our monthly EV sales tracking does ...