Teslarati

MARCH 26, 2024

auto industry BYD’s full-year 2023 net profit increased by 80.7 “The latest round of price cuts would inevitably result in a margin hit,” said John Zeng, London consulting firm GlobalData’s Head of China Market Forecasting (via Reuters ). . The automaker posted 8.67 billion yuan (~1.2 percent to 180.04

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BYD Price London Auto 92

Cars That Think

MARCH 28, 2023

The auto industry is a relatively small chip end-user, but it’s growing fast. billion, the auto industry makes up less than 9 percent of chip demand by revenue, according to market research firm IDC. billion in 2021 after crossing the $3-billion mark in 2020 for the first time in years, SEMI says.

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South Korea Auto Industry United States Supplies 130

Teslarati

AUGUST 23, 2021

Anyone who brakes when switching to electromobility is doing a disservice to the German auto industry.” In its 2020 application, Tesla forecasted that Giga Berlin would consume 3.3 . “Tesla turns up the drive and drives at an impressive pace,” said Hofreiter. million cubic meters of water per year.

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Water Green Tesla MIT 139

Green Car Congress

NOVEMBER 29, 2016

Further, the advent of increasingly capable driver-assistance technologies has brought down accidents by 64% over the last ten years, with further improvements forecast for the next decade. Connected cars will be available as a dealer option starting in Japan and India and expanding to other countries by 2020. —Kent O’Hara.

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Personal Connect Connected Nissan 150

Green Car Congress

JULY 29, 2015

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. Looking ahead, IHS forecasts that average age is likely to hit 11.6 Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3

2015 150

2015 Light Scrappage Vehicles 150

Green Car Congress

JULY 27, 2020

As the Task Force continues its research, the briefs will respond to the rapidly changing environment brought on by COVID-19 and its societal and economic impacts, and will inform the Task Force’s final report in November 2020. Automated driving technologies have promised to disrupt urban mobility for a long time.

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MIT Future Environment Auto Industry 294

Push EVs

JULY 12, 2023

Sweden’s June auto market saw plugin EVs take 59.2% Overall auto volume was 28,283 units, up some 9% YoY, though still below pre-2020 norms. share, up from 55.1% year on year. Full electrics grew share at a decent rate, while plugin hybrids retreated slightly. The Tesla Model Y was June’s best selling vehicle.

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Sweden Plugin Tesla PHEV 52

Push EVs

MAY 17, 2023

Overall auto volume was 132,990 units, up 11.6% YoY, though still down from the roughly 170,000 pre-2020 seasonal norm. Outlook The UK auto industry body, the SMMT , note that the annual growth in auto sales is one of the bright spots in an otherwise gloomy UK economy. share of sales in April 2023, up from 16.2%

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Plugin Nissan PHEV Auto 59

Push EVs

FEBRUARY 8, 2023

France’s auto market saw plugin electric vehicles (EVs) take 22.3% Overall auto volumes were 111,939 units, some 9% higher YoY, but still well below pre-2020 seasonal norms. Outlook Auto industry data organization, AAA Data, summarized their take thus; “The year 2023 is off to a better start than 2022.

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France Plugin Auto Escape 59

Green Car Congress

FEBRUARY 5, 2013

million hydrogen-powered vehicles could be on UK roads by 2030, according to interim Phase I findings of the UKH 2 Mobility project, a joint Government-industry to evaluate the potential for hydrogen as a fuel for Ultra Low Carbon Vehicles in the UK before developing an action plan for an anticipated roll-out to consumers in 2014/15.

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Hydrogen Sale Vehicles Power 252

Qnovo

MARCH 2, 2021

We are in the midst of deep disruption to the auto industry. As market forecasts show accelerating adoption of EVs, they also show rapidly declining sales of ICE vehicles putting further strain on the automotive supply chain. In the fall of 2020, Hyundai recalled 82,000 Kona electric vehicles over risk of battery fires.

Supplies 52

Supplies Electric Vehicles Parts Batteries 52

Push EVs

JANUARY 9, 2023

The UK’s auto market saw plugin electric vehicles take 39.4% Overall auto volumes were up 18% year on year in December, but still down compared to pre-2020 norms. Since we reached the end of another year, the UK auto industry association, the SMMT , provided a top 10 chart of the bestselling BEV models for the year.

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Market Plugin PHEV Cars 59

Green Car Congress

MARCH 5, 2020

This means China’s latest sales figures will be a significant cause for concern for these companies, potentially requiring them to scale back revenue and profit forecasts. The auto industry is poorly prepared for such supply chain shocks because many operations run on a ‘just-in-time’ basis, with very limited numbers of stockpiled parts.

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Sale 2012 Global 2019 286

Green Car Congress

JULY 4, 2009

However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. in pure electric vehicles in 2020. Experts, consultants and politicians tumble over one another with forecasts. And the auto industry doesn’t hold back on announcements.

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2013 Companies Gas-Electric Recharge 150

Blink Charging

JUNE 9, 2022

North American sales were 735,000 units in 2021, up from 375,000 in 2020. That is twice as many sales in 2021 over 2020. in 2020 of total new vehicle sales. Lockdowns hit the auto industry hard and vehicle sales plummeted. in May 2020, a catastrophic hit for any industry. EVs have also grown to a 4.4%

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Tax Credit 2020 Sale Pollution 80

Electric Vehicles India

NOVEMBER 11, 2021

The Indian Electric Vehicle Market was valued at USD 5 billion in 2020, and it is expected to reach USD 47 billion by 2026, registering a CAGR of above 44% during the forecast period (2021-2026). billion in 2020.The The Union Transport minister inaugurated India’s first inter-city electric bus service in February 2020.

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India Electric Vehicles Vehicles Electric 88

Blink Charging

MARCH 17, 2022

North American sales were 735,000 units in 2021, up from 375,000 in 2020; that’s twice as many sales, a 4.4% Lockdown hit the auto industry hard and vehicles sales plummeted. in May 2020, a catastrophic hit for any industry. in May 2020, a catastrophic hit for any industry. market share, up from 2.3%

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Future Tax Credit 2020 Tax 52

Baua Electric

MARCH 31, 2024

Even as the ongoing IPL 2024 cricket tournament is turning out to be a season of batsmen hitting mega sixes, FY2024 has also turned out to be a mega fiscal for the Indian electric vehicle industry. Leading the charge is the electric two-wheeler industry. HOW WILL GROWTH BE IN FY2025?

Sale 52

Sale India Electric Electrical 52

Push EVs

MARCH 11, 2023

Germany, Europe’s single largest auto market, saw plugin electric vehicles take 21.5% Overall auto volume was 206,210 units, up by some 3% YoY, but still some 18% down from pre-2020 seasonal norms. The Tesla Model Y was the month’s bestselling plugin, and second overall auto (behind the VW Golf). year on year.

Market 59

Market Plugin Tesla Germany 59

Baua Electric

APRIL 19, 2024

Anticipated demand from the auto industry—as well as solar-panel manufacturing and data centers—is leading utilities to forecast single-digit percentage growth every year through the end of the decade in some regions, according to report. for the past decade and a half.

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Georgia South Carolina Coal North Carolina 52

Wallbox

JANUARY 4, 2021

Amidst the COVID-19 pandemic, several conflicting reports about the future of EVs have emerged: some predict EVs to grow by 38% year-over-year, while others forecast a 43% drop. In order to envision what may lie ahead, it’s key to understand how the EV industry was evolving up until the novel Coronavirus outbreak.

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Economy Electric Vehicles Vehicles Electric 52