Tag: EV sales

February 21, 2024

Of these, BEVs accounted for 9.11 million units with a growth rate of 24%, and PHEVs reached 3.91 million units, growing at 45%. TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global […]

December 13, 2023

Maine environmental regulators are set to decide next week whether the state should join others in adopting California-style regulations to drastically limit the sale of new gas-powered vehicles. Supporters say the proposal before the Board of Environmental Protection on Dec. […]

February 22, 2023

Stellantis is planning to distribute $4.47 billion in dividends to shareholders and buy back up to $1.6 billion worth of shares after revenue and net profit surged in 2022, a year marked by a steep rise in electric-vehicle sales. Stellantis […]

January 6, 2023

U.S. electric-vehicle sales leapt by two-thirds in 2022 while the broader auto market contracted, newly released year-end figures show, as fresh plug-in models from traditional auto makers whittled away at EV juggernaut Tesla Inc.’s lead. Auto makers sold 807,180 fully […]

July 11, 2022

After dominating the electric vehicle (EV) market since launching its first model in 2008, Tesla Inc. (NASDAQ: TSLA) will likely lose its position as the world’s largest EV maker by 2025 as competitors launch 135 new EVs to the market. […]

April 27, 2022

Saudi Arabia will purchase between 50,000 and 100,000 electric vehicles over the next decade from Lucid Group Inc., which is backed by the kingdom’s sovereign-wealth fund, in a boost to the car maker’s push to increase sales revenue. Lucid shares […]

April 4, 2022

Tesla delivered 310,000 vehicles in the first quarter, up about 68% from the same period in 2021, the company said April 2. However, the company’s sales were slightly below expectations, which were looking for Tesla to produce 312,000 cars, according […]

February 4, 2022

The electric vehicle motor market is set to grow by USD 6.31 billion between 2020 and 2025, and register a CAGR of 21.69%, according to Technavio’s latest market report. This report offers an up-to-date analysis regarding the current market scenario, […]

October 26, 2021

A new study led by the University of Cambridge and based on public attitudes expressed in 36,000 Facebook posts, has found that consumer uptake of electric vehicles (EVs) can be boosted by promoting the social justice and health aspects of […]

June 8, 2021

If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between […]

September 10, 2020

Global automobile sales plunged dramatically in the first half of the year as the coronavirus pandemic kept buyers out of showrooms. The market, which peaked several years ago, dropped to levels not seen since the Great Recession more than a […]