ETFs In Focus On Surging EV Sales
According to Investor’s Business Daily, sales of electric vehicles (EVs), specifically all-electric or battery electric vehicles (BEVs), will reach approximately 500,000 units in the initial half of 2023. This represents a significant growth of 41% from the 355,000 units sold…
Plug-In Hybrids Once Dominated EV Sales. Now Their Market Share Is Tanking
The age of the plug-in hybrid electric vehicle (PHEV) that can charge from a power point and fill up at the service station appears to be drawing to an end, at least in Australia. Plug-in hybrids once dominated EV sales,…
GM Joins Electric Vehicle Upswing In Expanding US Market
General Motors’ US electric vehicle sales more than doubled in the second quarter from the same period a year earlier, adding to evidence of a growing appetite among consumers for battery-powered cars and trucks. The Detroit carmaker said on Wednesday…
Thailand Tipped To Be a Leading EV Market
Sales of electric vehicles (EVs) continue to gain market share globally, with Thailand and Indonesia being key markets within Asean, says a research agency. Sales of electric vehicles (EVs) continue to gain market share globally, with Thailand and Indonesia being…
Ford To Lay Off Workers As It Focuses On Electric Vehicles
As Ford shifts to producing more electric vehicles, it expects to lay off a number of employees, mostly engineers, in North America over the coming days. The company would not confirm any specific number of employees involved. “This is related…
Europe New Car Sales Rose 18.5% in May, Electric Vehicles Take Larger Share
New car registrations in Europe jumped in May with battery-electric vehicles taking a bigger market share than a year ago, the European Automobile Manufacturers’ Association said Wednesday. Registrations, which reflect sales, totaled almost 1 million, an 18.5% jump from last…
US EV Sales Up 79% YoY in Q1 2023 Helped by Tax Credit Subsidy
US passenger electric vehicle* (EV) sales soared over 79% YoY in Q1 2023, according to the latest research from Counterpoint’s USA Passenger Electric Vehicle Model Sales Tracker. This strong growth helped the US surpass Germany to become the world’s second-largest EV market, the largest being…
Qatar’s EV Market To Reach 10% Domestic Sales By 2030
Qatar: Passenger electric vehicles (EV) in the country are expected to reach 10 percent sales by 2030 as the government works towards collaborating with E-vehicle organisations to achieve this feat. Recently, the Ministry of Transport announced that in line with…
Over 75% of People in the US Would Consider Renting an EV as a Test Drive
Electric vehicle sales are booming, with EVs representing more than 7% of all new light vehicles registered in the US in January. That’s a 74% increase from just a year ago, according to data from Experian. But many people in the US…
Vietnamese-Made Electric Cars Arrive At Port of Nanaimo For Sale in Canada
The Port of Nanaimo is the first stop for hundreds of new electric vehicles built in Vietnam. More than 750 VinFast VF 8 vehicles arrived in Nanaimo on May 16 as part of an initial shipment of 1,879 vehicles exported…
