For context, BYD reported a 36.84% year-over-year decrease and a 39.30% month-over-month drop compared to January 2024. Nio saw a 33.11% year-over-year and a 19.12% month-over-month decline, and Xpeng saw a 24.38% year-over-year and 44.91% month-over-month decrease in sales, as p...
For context, BYD, which overtook Tesla as the world’s largest electric car maker in late 2023, sold 201,493 NEVs in January. This represents a 33.14% year-over-year improvement and a 40.92% decrease from December. It should be noted, however, that BYD’s NEV sales include hybrids, as ...
In January 2024,Teslarecorded just a singleEVsale in South Korea. The company sold just a single unit of the Model Y SUV, highlighting growing concerns in Korea relating to EVs manufactured in China. There are also pricing challenges and a lack of charging infrastructure negative...
365 units in February, the lowest since December 2022, according to preliminary estimates of the China Passenger Car Association (CPCA). The sales shed nearly 16% from January, when
Tesla sales fell sharply last quarter as competition in the electric vehicle market increased worldwide and price cuts the company enacted months ago failed to entice more buyers. The Austin, Texas, company owned by Elon Musk, said Tuesday it delivered 386,810 vehicles from January through March...
Tesla sales plummeted last quarter as competition increased and EV sales slow. The company said it delivered roughly 387,000 vehicles from January through March, undershooting analyst forecasts and nearly 9% below the 423,000 it sold in the year-ago period. ...
In January, the company warned of "notably lower" sales growth in 2024 as it focuses its production on itsnext-generation EV, which is code-named "Redwood." It also faces the loss of access to $7,500 per car federal tax credits on its Model 3 compact sedans, which no longer qualify ...
to 60,365 units in February, the lowest since December 2022, according to preliminary estimates of the China Passenger Car Association (CPCA). The sales shed nearly 16% from January, when Tesla China posted an 8.2% YoY increase and 21.4% month-over-month (MoM) decrease in wholesale sales....
The Ford Explorer surges to #3 in October. It's another mediocre month for Icelandic new car sales in October at -29.1% year-on-year to 681 units. The year-to-date volume is now down -39.9% to 8,891. Toyota (-1%) scores a 4th consecutive monthly win with
Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to lure more buyers. The Austin, Texas, company said Tuesday that it delivered 386,810 vehicles worldwide from January through March, almost 9% below the 423,000...