Global EV Sales up 12% in March, Down 9% in Europe, Rho Motion Says
Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 12% in March versus the same month in 2023, with growth in China and the U.S. market partly offset by a 9% drop in Europe, market research firm Rho…
Shares of China’s Xiaomi Jump on News of its First EV Launch
Shares of Xiaomi jumped 12% on Tuesday after the company said it would start deliveries of its first electric vehicle (EV) this month. The tech giant, which is China’s fifth largest maker of smartphones, is venturing into the world’s top…
VAUXHALL’S ELECTRIC RANGE CONTINUES TO TOP THE RANKINGS IN LATEST SMMT SALES FIGURES
Vauxhall’s electric range continued its strong UK sales performance in February, topping the charts according to the latest new car and van registration figures published today by the Society of Motor Manufacturers and Traders (SMMT). The Corsa Electric was the…
Electric 3-wheeler Sales to Surpass 600,000 Units in FY2024
The charge of the electric vehicle industry in India, which has already clocked 1.46 million units in the April 2023-February 2024 period, is led by the two- and three-wheeler sub-segments. In tandem with e-two-wheeler retail sales, which have exceeded 800,000…
SUV Demand Powers Best-ever February Dispatches, India PV Inc Set For 4.25 Million Sales in FY2024
Sales in the leap-month of February 2024 have leaped to an all-time high – estimated at over 370,000 units and an 11% year-on-year growth (February 2023: 334,790 units). The high level of wholesales / dispatches to dealer showrooms across India…
Global EV Sales Up 69% y/y in Jan
Global electric vehicle sales jumped 69% in January from a year earlier but were down 26% from December, reflecting subsidy cuts or tighter rules in Germany and France and seasonally weaker sales in China. Sales of fully-electric cars, or battery…
EV Two-wheeler Sales Breach FY23 Figures Despite Cut in FAME-II Subsidy
The Centre, on Friday, informed that the electric vehicle (EV) two-wheeler sales have increased in the current financial year 2023-2024 (FY24) at 734,760 units so far, despite reducing the subsidy to 15 per cent of the ex-factory price from the…
Germany Set for 14% Drop in Electric-vehicle Sales as Carmakers Scale Back Ambitions And Demand ‘does not look good’
Standing at the front of the room at an auto industry association’s new year reception in Berlin this week, BMW CEO Oliver Zipse had reason to feel vindicated. Onstage, Transport Minister Volker Wissing was preaching to the crowd of policymakers…
PwC Analysis Shows German Electric Vehicles Gaining Momentum in China
According to an analysis by consulting firm PwC, German car manufacturers have made up ground on the world’s electric car markets. In China, their largest sales market, they sold 49% more e-cars last year than in the previous year, growing…
Over 3.4 Million EVs on Indian Roads, Maharashtra Leads in 2Ws, PVs and buses, UP in 3Ws
India’s electric vehicle (EV) industry wrapped up CY2023 on a strong note with total retails surpassing 1.53 million units, an increase of 49% over CY2022’s 1.02 million units. The past two years have been particularly good for the sector as…
