Xpeng Delivers Record 36,695 cars in Dec, Q4 Deliveries Exceed Guidance
Xpeng (NYSE: XPEV) reported strong December deliveries, with more contributions from the new Mona M03 and P7+ models. The Chinese electric vehicle (EV) maker delivered 36,695 vehicles in December, its fourth consecutive record month, according to data it released today….
China Accounted for 80% of global EV Sales Growth in 2024
China accounted for nearly 80 per cent of Electronic Vehicle growth globally, with EV sales jumping from over 3 million in the first half of 2023 to more than 4 million during the same period in 2024, according to a…
China leads global EV Sales as it hits Third Consecutive Record High
Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32 per cent year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday….
Tesla’s China-Made EV Sales Drop 4.3% in Nov
U.S. automaker Tesla’s’s sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles recorded a 15.5% increase from…
Electric Vehicle Sales Down 12% in November After Festival-driven rush
Electric vehicle (EV) sales in India fell 12 per cent in November 2024 to 191,554 units, down from 219,021 units recorded in October, as the festival-driven surge subsided. However, on a year-on-year (Y-o-Y) basis, sales surged 31 per cent, compared…
Electric 2-wheeler Sales see 29 pc Growth in India in Nov
India saw 29 per cent growth (year-on-year) in electric two-wheeler (e2W) sales in the month of November at 118,924 units, which took cumulative 11-month sales of e2Ws to 1.07 million units. It was the third best month for the electric…
Global EV Sales up 35% in October, Propelled by China
Global sales of fully electric and plug-in hybrid vehicles increased 35% in October compared to the same month in 2023, driven by a 54% hike in sales in China, according to market research firm Rho Motion. However, it was a…
Bajaj Finance secures $400 million Loan from IFC to Boost Electric Vehicle Sales
The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles…
Electric Two-Wheeler Sales Surge To 1.39 Lakh Units In October As Festive Season Fuels 85 Per Cent Growth
The festive season brought a surge in demand for electric two-wheelers, with retail sales reaching 139,031 units in October 2024. This marks an 85 per cent year-on-year growth compared to the previous year’s 75,164 units, as the 32-day festivities across…
Global EV sales up 30.5% in September as China shines, Europe recovers
Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 per cent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday. Gains…
