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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

million LCVs and passenger car units were sold across all segments globally in Q1 2016—a 2.8% increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. in Q1 2016. Europe was the strongest market for premiums, accounting for 43% of the global total.

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Audi sales in China rose 10.3% year-on-year in August; global sales up 5.0%

Green Car Congress

Following growth in June and July, Audi AG increased its global sales year-on-year in August as well. increase in sales compared with 2016. Cumulative sales since January total around 1,202,400 units—2.6% below the record-breaking figure from 2016. more than in the same period in 2016.

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Countdown to Zero: Ahead of Aussie launch, Chinese premium brand Lynk & Co reveals first EV

EV Central

The sleek electric sedan that is a big chance to lead Chinese-Swedish premium Lynk & Co’s Australian launch has been revealed in official teaser photography. Geely, which also owns Volvo, Polestar, Lotus and others, announced back in 2021 Lynk & Co would go on-sale in Australia in 2025. Dubbed the Lynk & Co Zero, the 5.0

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JATO Dynamics: 2016 will be record year for plug-ins with global sales in excess of 700K units; China to begin dominating the market

Green Car Congress

Global electric passenger car sales totalled 280,000 units in 2014, representing growth of 43% compared with 2013; total global passenger car sales that year were 72 million units. The report projects annual EV sales in Europe of 500,000 units by 2019. Expected EV sales volume in 2016, 2019, 2022, 2025.

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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

Green Car Congress

The Volkswagen Group made progress in 2016 in overcoming its self-inflicted diesel crisis. Sales revenue in fiscal year 2016 rose by €4.0 billion) was substantially higher than the prior-year figure (up 14%); the operating return on sales rose to 6.7% (6.0%). billion (US$4.22 billion) to €217.3 billion (US$229.4

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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. With 4G handsets now representing 95% of domestic sales, market saturation has resulted in mobile phone sales through to July dropping by 5% year-to-date. Source: Fastmarkets.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.