Global EV Sales Up 69% y/y in Jan
Global electric vehicle sales jumped 69% in January from a year earlier but were down 26% from December, reflecting subsidy cuts or tighter rules in Germany and France and seasonally weaker sales in China. Sales of fully-electric cars, or battery…
January Blues Driven Away As EV Sales Go Up
New energy vehicle makers in China saw rising deliveries in January, which is usually not a popular car-buying month. Analysts said the good start is expected to drive the burgeoning sector to a new high in the year. Car buyers…
Nio Delivered 10,055 EVs in January, Down 44% MoM
Nio delivered 10,055 EVs in January, up 18.2% from 8,506 in previous year, the company announced in a press release. However, the comparison doesn’t hold as last year, the Chinese New Year fell on January 22. Nio deliveries fell 44%…
KIA AMERICA BEGINS 2024 WITH STRONG JANUARY SALES
Coming off the highest annual sales volume in company history in 2023, Kia America delivered 51,090 units in January with growth across the brand’s SUV, utility, EV and electrified vehicle offerings. Sales of Kia’s rugged and capable SUVs increased over…
Europe Over-reliant on Chinese EV batteries, Warns South Korea’s SK On
Europe is in danger of becoming overdependent on Chinese electric-car batteries, said a leading South Korean industry executive, as the continent struggles to agree on a coherent strategy to boost domestic production. With European carmakers set to increase imports of cheap…
European Car Sales Jump as Electric Vehicles Take the Lead
New car sales in Europe rebounded with a bang in 2023, rising by 13.9 percent as electric vehicles overtook diesel for the first time, an industry group has said. Sales of new electric cars shot up by 37 percent year-on-year…
Hyundai & Kia Take Second Place After Tesla in US EV Sales
South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which…
Italy Mulls a $1 Billion Incentive Plan to Boost Electric Vehicle Sales
Italy is mulling a plan worth $ 1 bilion to boost electric vehicle sales in the country. The European country is reportedly planning to launch an incentive program, under which it aims to replacethe country’s ageing internal combustion engine-propelled vehicle…
EV startup Fisker Struggling to Meet Internal Sales Goals, Documents Show
Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally. The EV startup spent much of December aiming to meet an internal sales goal of between 100 and 200…
Availability Of China’s Affordable Electric Vehicles Could Boost US Sales
On a recent driving holiday to Norway, I couldn’t help but notice the great number of electric vehicles on the road. Even more surprising was that I did not immediately recognize the maker of some of these vehicles. Because EVs…
