Affordable Auto Chinese Forecast 
Baua Electric
MAY 9, 2024
Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. million) in the year that ended in March, missing its own 113 billion yen forecast, Panasonic said. billion yen (USD 570.18
Teslarati
MARCH 27, 2024
In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. Meanwhile, China has an oversupply of affordable EVs and cells in the battery market. In our view, Tesla is in a very strong position to ‘on-ramp’ Chinese EV tech to the US.
Baua Electric
JANUARY 5, 2024
According to a local media report, Volkswagen is delaying volume production of the affordable electric car. Volkswagen’s ID 2all EV production is being delayed A report from the German magazine auto motor und sport claims that Volkswagen’s ID 2all will go into mass production in May 2026 rather than 2025.
EV Central
FEBRUARY 20, 2024
Facing multi-billion dollar annual losses from its electric vehicle product roll-out, Ford has revealed it is going to build its own ground-up smaller and cheaper EVs to tackle the Tesla Model 2 and Chinese brands head-on. Ford has already forecast it expects to lose up to $US 5.5 “We have to fix this problem. .”
Baua Electric
JANUARY 29, 2024
BYD forecasts its profits rising at least 75% last year. In the last three months of the year, the Chinese automaker overtook Tesla as the largest global EV maker as it expanded the brand. Source: Bloomberg / BYD FTC: We use income earning auto affiliate links. million EVs last year, up 73% from the 911,000 sold in 2022.
Green Car Congress
JANUARY 22, 2011
The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. The survey also found that global execs expect US auto brands to increase market share over the next five years, spurred by product innovation, restructuring activities and continued improvement in product quality.
Cars That Think
MARCH 16, 2024
Forty-one percent of Iceland’s auto sales, 32 percent of Sweden’s, 24 percent of the Netherlands’, and 22 percent of China’s were EVs. If those sunny forecasts hold up, they certainly won’t hinder other national EV adoption goals. Downsides to the forecasts But not all skies are sunny. and 2027 in India, say EEIST researchers.
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