With a 59.6% YoY growth to 86.2GWh in battery shipments, CATL accounted for 36.3% of market share in the first five months of 2023, making it as the only battery supplier in the world to take up such high market share.Driven by the increasing shares in the Chinese market, BYD contin...
market share. In 2021, TME sold 1,076,300 vehicles in Europe for a 6.4% Turkey 459 Turkey Plug-in Toyota Czech Republic 459 IDTechEx: EV battery management system (BMS) drives a third of silicon demand in EVs Green Car Congress APRIL 16, 2023 Along with the rise of more autonomous ...
Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. The South Korean automaker is working with BAIC on its goal. This week, Beijing Hyundai Co.—a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehi...
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 ...
With a 59.6% YoY growth to 86.2GWh in battery shipments, CATL accounted for 36.3% of market share in the first five months of 2023, making it as the only battery supplier in the world to take up such high market share. Driven by the increasing shares in the Chinese market, BYD continue...
In the EV battery market, lithium-ion batteries have the largest EV battery market share. Several decades have passed since the development and refinement of lithium-ion battery technology. It is a mature technology with considerable research that has resulted in excellent levels of reliability and ...
(NBFCs), though this share varies across different segments. Leaders in the EV market, such as Aeron Mobility, LeasePlan, QuikLyz, and Energy Efficiency Services Limited (EESL), allow owners to lease electric vehicles instead of owning them, thus encouraging the mass adoption of EVs, especially...
Declines in electric vehicle component costs, as well as state and federal policies that provide incentives, are expected to drive up EV sales, the US Energy Information Administration said May 15. The EIA projects EVs, including both battery-electric vehicles and plug-in hybrid electric vehicles,...
Major Role in Consumer Electronics Boosted Adoption of Power Discrete Devices Based on device type, the market is segmented into power discrete, power module, and power IC. In terms of share, the power discrete segment dominated the market in 2023. Consumer electronics manufacturers can create new...
We have seen fromChina’s January 2019 numbersthat EVs are on track for 2 million sales in the country this year. This will be an82% year-on-year growth in volumeover 2018 (1.1 million sales), depending on how you tally up the exact numbers. The EV market share of total vehicle sale...