The share of electric cars in total sales has increased from around 4% in 2020 to 18% in 2023. EV sales are expected to continue strongly through 2024. Over 3 million electric cars were sold in the first quarter, about 25% more than in the same period last year. We currently expect to see around 17 million in sales by the end of 2024
READ MOREAndy Palmer, the former Nissan executive who helped launch the industry''s first mass produced electric car the Nissan Leaf in 2010, believes the shift is "like moving from the horse to the car".
READ MOREAlmost 14 million new electric cars 1 were registered globally in 2023, bringing their total number on the roads to 40 million, closely tracking the sales forecast from the 2023
READ MOREIn the United States, Tesla accounted for over 45% of all the battery-electric cars ever sold as of 2023. However, Tesla''s share in new US electric car sales has been shrinking,
READ MOREThe IEA''s Global Electric Vehicle Outlook projects that electric cars will account for 18% of the global car market in 2023, driven by China, Europe and the US.
READ MOREIn 2023, over 80% of electric car sales in China were concentrated in just over 30 companies. In 2024, the Chinese Ministry of Industry and Information Technology noted its concern that too many carmakers remain unprofitable. Nio, for example, recorded net losses of USD 3 billion in 2023.
READ MOREApril 23, 2022 The electric vehicle landscape is rapidly changing as both technology and interest evolve, and the coming years will see many more EVs take to the roads, seas, and skies. In the US, electric vehicles sales have climbed by more than 40 percent a year since 2016. By 2035, the largest automotive markets will be fully electric—providing both a
READ MOREThe U.S. Environmental Protection Agency issued new tailpipe emission rules in March that will force the nation''s automakers to produce and sell more electric vehicles to meet the new standards
READ MOREViknesh Vijayenthiran June 14, 2024. Hispano Suiza Carmen Sagrera debuts with new 103-kwh battery. The electric hypercar has a battery, developed in-house, that sends 1,100 hp to the rear wheels
READ MOREDec. 27, 2023 5:30 am ET. Listen to article. (1 minute) Electric-vehicle sales growth hit a speed bump in the U.S. this year, and the impact is being felt throughout the industry. Carmakers around
READ MORE4 · News, reviews, and analysis of the electric vehicle market. We provide coverage of the entire sustainable ecosystems and related products.
READ MOREReal-world mileage standard for new vehicles rising to 38 mpg in 2031 under new Biden rule. New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by the Biden administration. June 7.
READ MOREThe future of mobility will be driven by electric vehicles. EV Tech News, powered by MOTORINDIA, is a one-stop platform for all the latest news, views, analysis, trends and updates on electromobility. All
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READ MOREIn China, since the end of 2022, greater competition among front-runners has led electric car prices to fall quickly. The price of compact electric cars and SUVs dropped by up to 10% in 2023 relative to 2022. In the first quarter of 2024, Tesla once again slashed prices, by up to 6% or CNY 15 000 for its Models 3 and Y, forcing competitors to follow by
READ MOREWe expect global passenger EV sales — battery-electrics and plug-in hybrids — to increase 21% in 2024 to 16.7 million, with 70% of those being fully electric. EV sales in China should come in
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READ MOREBefore the COVID-19 pandemic shook up the automotive industry – along with every other industry – electric vehicles were moving steadily into the spotlight. The combined annual sales of battery electric vehicles and
READ MOREElectric car sales break new records with momentum expected to continue through 2023. Electric car markets are seeing exponential growth as sales exceeded 10 million in 2022. A total of 14% of all new cars sold were electric in 2022, up from around 9% in 2021 and less than 5% in 2020. Three markets dominated global sales.
READ MOREElectric Vehicle Rollout to Impact EU''s 2050 Net Zero Target EV Magazine connects the leading EV executives of the world''s largest and fastest-growing brands. Our platform serves as a digital hub for connecting industry leaders, covering a wide range of services including media and advertising, events, research reports, demand generation
READ MORERead the latest news and first drive reviews of electric cars from Tesla, VW, Porsche, Ford, Mercedes, Audi, and more at Green Car Reports
READ MOREExtensive coverage of the electric vehicle industry. News and insights on the latest electric cars and updates from EV brands across the US, Europe and China.
READ MOREThe EV Report is a digital platform dedicated to the global electric vehicle industry. Our mission is to inform and engage our audience on the latest news and insights.
READ MORE4 · Read the latest EV news from the U.S. and around the globe including new model reveals, business news, industry insights, latest technology, and more.
READ MOREelectric vehicles Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. electric vehicles Blogs, Comments and Archive News on Economictimes . The debate underscores the auto industry''s shift towards more sustainable technologies. 18 Jun, 2024, 11:33 AM IST.
READ MOREInterested in EV news? Get the latest electric car, truck, and SUV news and info from across the auto industry now on MotorTrend.
READ MOREAfter a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share. Battery electric vehicles (BEVs) accounted for two-thirds of new
READ MOREIn the last quarter of 2023, EV sales were up 40% from the same quarter a year before, according to Cox Automotive. In fact, EV sales in the United States hit a record last year, topping 1 million
READ MOREBMW completes production facilities for next-gen electric drives at Steyr plant. Industry News By Web Team. With some 60,000 square metres of production space, the 105 by 150-metre building for future. February 7, 2024.
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