Battery EVs Surpass Diesel For 1st Time In EU
The market share of battery electric vehicles in the European Union reached a significant milestone in June, surpassing diesel for the first time at 15.1%, according to data from the European Automobile Manufacturers’ Association (ACEA). Gasoline remained the most popular…
Lucid Falls Behind on Production But Maintains Sales Pace in Q2
Electric vehicle startup Lucid has revealed its production and delivery numbers for the second quarter as it prepares to take shareholder questions during the release of its financial results. From April through June, the electric vehicle brand built 2,173 Lucid Air sedans…
Tesla Has a New Rival Producing Electric Sedans in US
Electric vehicle producers across the industry have ambitious goals for the remainder of this year, even if it might mean lowering some prices to drive sales, especially in China. General Motors reportedly lowered its Cadillac Lyric base price, Tesla reduced…
Smart Europe Transforms Electric Car Sales With Real-Time Personalization, Powered By Adobe
Today, Adobe (Nasdaq:ADBE) announced that premium all-electric automotive brand smart Europe has selected Adobe Experience Cloud to deliver improved brand experiences across its customer journeys. smart Europe will use Adobe products to power its new eco.platform for the smart #1…
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…
