Tag: EV sales

Industry Focus Areas, Motorized Vehicle

EV sales growth slowing

February 21, 2024

Via: Electronics Weekly

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 […]


Maine Considering California-Esque EV Sales Incentives

December 13, 2023

Via: Transport Topics

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. […]

Industry Focus Areas, Motorized Vehicle

Jeep Maker Stellantis to Hand $4.5 Billion to Shareholders

February 22, 2023

Via: The Wall Street Journal

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 […]

Industry Focus Areas, Motorized Vehicle

U.S. EV Sales Jolted Higher in 2022 as Newcomers Target Tesla

January 6, 2023

Via: The Wall Street Journal

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 […]

Industry Focus Areas, Motorized Vehicle

World’s Largest EV Market Expected to Lose 11% of Market Share by 2025

July 11, 2022

Via: PR Newswire

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. […]

Industry Focus Areas, Motorized Vehicle

Saudi Arabia Orders Up to 100,000 Electric Vehicles in Boost to Startup Lucid

April 27, 2022

Via: The Wall Street Journal

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 […]

Industry Focus Areas, Motorized Vehicle

Tesla Sells 310,000 Vehicles in Q1 Despite Logistics Issues

April 4, 2022

Via: Transport Topics

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 […]

Industry Focus Areas, Motorized Vehicle

Electric Vehicle Motor Market – Increasing Sales of EVs to Boost Market | 15.98% Y-O-Y Growth Rate in 2021| 17000+ Technavio Reports

February 4, 2022

Via: PR Newswire

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, […]


Study finds that social justice and health issues impact electric vehicle uptake

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 […]

Energy, Industry Focus Areas

Automakers Face a Threat to EV Sales: Slow Charging Times

June 8, 2021

Via: Transport Topics

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 […]

Industry Focus Areas, Motorized Vehicle

EVs shine in Europe during a brutal period for global vehicle sales

September 10, 2020

Via: Automotive News

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 […]