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…
More US Auto Buyers are Turning to Hybrids as Sales of Electric Vehicles Slow
America’s automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel. But so far, while EV sales are growing, their…
With Electric Vehicle Sales Skyrocketing in the U.S., the Electric Vehicle Charging Summit & Expo Returns to Las Vegas
Electric vehicles are now selling at a rate of more than 1M per year. Can charging infrastructure keep up? Who will be the winners and losers in the new EV economy? The 2024 EV Charging Summit & Expo answers these…
US Electric Vehicle Sales to Hit Record in ’23
Electric vehicle sales are expected to hit a record 9% of all passenger vehicles in the U.S. this year. That will be up from 7.3% of new car sales in 2022.It will be the first time more than 1 million…
New Car Sales in EU up by 14.6% as EVs Record 36% Growth
New car sales in the European Union climbed 14.6% in October, with a significant uptick in fully electric car sales contributing to the surge. Hybrid electric vehicles constituted nearly 30% of total vehicles sold in the economic bloc. The European…
EV Charging Company ChargePoint Plunges as Sales sag, Executives Replaced
ChargePoint Holdings Inc. shares plummeted in early trading after the company posted disappointing quarterly revenue and swapped out two of its top executives.The electric-vehicle charging company said revenue slumped to between $108 million and $113 million for the quarter that…
VinFast Plans U.S. Dealer Network with 125 Sales Points in First Phase
VinFast Auto Ltd. (the “Company” or “VinFast”) (NASDAQ: VFS) today at Electrify Expo 2023, announced its aggressive plans for expansion across the U.S. with more than 70 dealer applications in hand. Updates on dealer agreements are expected to be announced…
