Browsing: EV Sales
BYD Europe Aims to Triple Market Share, Targets Leading Position Against Tesla and EU Automakers
By David Smith
BYD Europe, the European arm of Chinese automaker BYD, is setting ambitious targets to triple its market share in the…
Tesla, the U.S. automaker, sold 62,167 China-made electric vehicles in April, marking an 18% drop from the same period last…
The electric vehicle (EV) revolution is reshaping the global oil market, with analysts predicting a significant slowdown in the growth…
Chinese premium electric vehicle manufacturer Nio is set to unveil a new model under the mass-market brand Onvo by the…
Hyundai Motor Group has inked a 15-year power agreement with Spain’s Matrix Renewables to power its under-construction Georgia Metaplant with…
LG Energy Solution (LGES) has announced plans to reduce capital expenditure following weak earnings, primarily attributed to slow growth in…
BYD, a leading Chinese new energy vehicle (NEV) manufacturer, reported further sales growth in April, marking the second-highest monthly sales…
German automaker Mercedes-Benz joined the ranks of EU-based automakers releasing their Q1 2024 financial reports, showcasing robust profits amid shifting…
Volkswagen Group has released its financial numbers for the first quarter of 2024, revealing a slowdown in sales and a…
CarMax has released its latest report on used electric vehicle (EV) sales, revealing notable shifts in the market. According to…
China’s electric vehicle (EV) market witnessed a substantial surge in March, with sales of electric cars and plug-in hybrids rising…
Japan’s Nissan Motor is contemplating internalizing production of its ultra-compact electric vehicles (EVs), buoyed by the triumph of its Sakura…
Canadian Province of Alberta Imposes $200 Annual Tax on Electric Vehicles, Citing Road Wear and Tear
By James Bryant
The Canadian province of Alberta has announced a new $200 annual tax on electric vehicle (EV) owners, aiming to generate…
New Jersey residents looking to purchase a new or used battery-electric vehicle (BEV) will soon face higher costs as the…
BYD is setting its sights high for 2024, aiming to achieve a sales target of 4 million units, up from…
Despite the dominance of petrol and diesel-powered vehicles in the European Union’s new car market, electric cars are steadily gaining…
BYD’s Wang Chuanfu Forecasts Half of China’s Vehicle Sales to be New Energy Vehicles in 2024
By Linda Ma
Wang Chuanfu, chairman and president of BYD, predicts that China will achieve a significant milestone this year, with new energy…
In a significant effort to bolster European competitiveness in the electric vehicle (EV) sector vis-à-vis China, Stellantis and Mercedes-Benz have…
The electric vehicle (EV) market is experiencing significant depreciation, prompting buyers to turn to the used car market for bargains.…
In 2023, global plug-in electric car sales soared to over 13.6 million units, constituting approximately 16% of total global car…