US Auto Industry Down 8% Since 2019
CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
US Auto Industry Down 3+ Million Sales (19%) Since 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).
US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%
CleanTechnica EVs
JANUARY 28, 2024
The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. continued] The post US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29% appeared first on CleanTechnica.
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Ford’s November sales paints revealing picture of US auto industry as EV adoption climbs
Electrek
DECEMBER 2, 2022
Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.
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US EV Sales Up 385% Since 2019, Normal “ICE” Vehicle Sales Down 14%
CleanTechnica EVs
FEBRUARY 14, 2024
We recently produced several exclusive reports on US electric vehicle sales and overall US auto industry sales trends. continued] The post US EV Sales Up 385% Since 2019, Normal “ICE” Vehicle Sales Down 14% appeared first on CleanTechnica.
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US Auto Sales Up 5% in Q1 vs. Q1 2023, Down 5% vs. Q1 2019
CleanTechnica EVs
JUNE 9, 2024
The US auto industry is in a very interesting place. In this US auto industry sales report, I compare 1st quarter (Q1) sales going back 5 years. continued] The post US Auto Sales Up 5% in Q1 vs.
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Panasonic seeks to expand business in the auto industry
Teslarati
JANUARY 8, 2024
Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.
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US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry is truly on the rebound. In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] But was it just a lucky little blip?
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Tesla US Sales Up 104% While US Auto Industry Down 22%
CleanTechnica EVs
OCTOBER 18, 2021
Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.
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Stellantis strengthens ties with China’s auto industry
Teslarati
NOVEMBER 23, 2023
In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI. Stellantis invested €1.5 The Teslarati team would appreciate hearing from you.
BYD NEV sales up 262.9% YOY in October
Green Car Congress
NOVEMBER 7, 2021
In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%
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US EV Sales Up 170% in 1st Quarter vs. 1st Quarter of 2021
CleanTechnica EVs
MAY 4, 2024
One of the hottest topics of the year in the auto industry has been hype about EV sales drooping, or at least not living up to expectations. continued] The post US EV Sales Up 170% in 1st Quarter vs. 1st Quarter of 2021 appeared first on CleanTechnica. How much substance is actually in that hype?
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European car sales up 15% in July, EV sales rise more than 60%
Electric Cars Report
SEPTEMBER 1, 2023
European new car sales jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, according to data from the European Automobile Manufacturers Association (ACEA).
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Electric Vehicles Are Reshaping The Auto Industry
CleanTechnica EVs
MARCH 7, 2022
But why did the auto industry wait so long? Electrification of cars and trucks is all the rage.
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Volvo Cars sales down 17.2% in February, share of electrified cars increased to 33%
Green Car Congress
MARCH 3, 2022
Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% Sales of Volvo Cars’ Recharge models made up for 33.0% Sales of fully electric cars increased by 229.5% of total sales. Recharge sales increased by 7.0% of total sales. Fully electric cars increased by 174.9%
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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race
The Truth About Cars
AUGUST 14, 2023
Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. BYD’s founder and chairman called on other Chinese brands to help propel the country further down the road toward electric vehicle dominance.
ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry
Green Car Congress
JANUARY 5, 2022
The joint venture will build on the existing successful relationship between the two companies, leading to the development of highly flexible and sustainable auto parts manufacturing within HASCO’s China-based operations. Both parties agreed not to disclose any further details about the investment.
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EV Leaders in US Auto Industry, Tesla Growth, Hydrogen & CCS Folly, Cars of the Year — Top Cleantech Stories Not To Miss
CleanTechnica EVs
FEBRUARY 5, 2024
continued] The post EV Leaders in US Auto Industry, Tesla Growth, Hydrogen & CCS Folly, Cars of the Year — Top Cleantech Stories Not To Miss appeared first on CleanTechnica. There are hundreds of good cleantech stories every day. It’s too much for anyone to cover and even too much.
Will US auto industry simply succumb to China over electric cars?
Green Car Reports
JANUARY 22, 2018
auto industry was the world's largest. That ended in 2009, when China's sales of 13.5 million new vehicles—against more than 30 million sales in China. in electric-car. For a century, the U.S. million new vehicles surpassed a recession-slammed U.S. total of 10.4 Last year, U.S. drivers bought 17.5
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US Auto Sales Down 8% in Q3 2023 vs. Q3 2019
CleanTechnica EVs
DECEMBER 17, 2023
The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.
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EV Sales Rise to 7.2% of US Auto Sales, Tesla 4.3% of Auto Sales
CleanTechnica EVs
JANUARY 29, 2024
In 2019, full electric vehicle (EV) sales were 1.4% of US auto sales. In 2020, they had risen to 1.7%, [continued] The post EV Sales Rise to 7.2% of US Auto Sales, Tesla 4.3% of Auto Sales appeared first on CleanTechnica.
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Fast evolving auto industry needs befitting HR solutions | Autocar Professional
Baua Electric
MARCH 24, 2024
As a result of the dynamic nature of the sector and the ongoing technical breakthroughs, there is a significant demand for talented people in various fields, including engineering, design, production, supply chain management, and sales. However, there are currently shortages of these skills. G S Ramesh is the Chaiman of Layam Group.
India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal | Autocar Professional
Baua Electric
JANUARY 15, 2024
Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28.
AIDA servicing evolving needs of the auto industry | Autocar Professional
Baua Electric
MARCH 25, 2024
Since the founding of AIDA Greater Asia in 1989, the regional network now has seven sales and service support centres located in Singapore, Malaysia, Thailand, India, Vietnam, Philippines and a manufacturing base located in Johor, Malaysia. AIDA has been operating a comprehensive sales and service network in India since 2007.
Volvo Cars reports sales of 58,667 cars worldwide in March, down 22.1%; electrified share increased to 36%
Green Car Congress
APRIL 5, 2022
Volvo Cars reported sales of 58,677 cars worldwide in March, a decline by 22.1% During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. Sales of fully electric cars made up 9.0%
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Tesla Now 8th Best Selling Auto Brand In USA — US Auto Sales Up 9%, But Down 11% vs. 2019
CleanTechnica EVs
APRIL 23, 2023
It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker.
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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs
Baua Electric
JANUARY 23, 2024
Automotive suppliers, too, have made hefty investments in the shift to electric, and now they are seeing their markets being hit due to slower uptake than expected and the fact that car sales are “historically low,” reports the FT. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.
Will the Japanese Auto Industry Completely Collapse?
My Electric Car
JANUARY 12, 2023
The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. In recent years, the demand for electric vehicles has been on the rise, as consumers are becoming more environmentally conscious and governments are implementing stricter emissions regulations.
NIO keeps goal of doubling sales this year despite price war causing greater challenges
CN EV Post
APRIL 17, 2023
NIO maintains its previously mentioned goal of doubling sales, despite greater challenges to meet the goal, said William Li. NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. Photo taken by CnEVPost.)
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2024 trends in the auto industry promise a focused approach | Autocar Professional
Baua Electric
JANUARY 13, 2024
So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. Domestic automobile sales saw a significant year-on-year growth of 20 percent, marking the first full year unaffected by the pandemic. Exports increased by 5.2
BMW electric sales double YOY, soaring EV demand and ‘compelling products’ boost Q3 earnings beat
Electrek
NOVEMBER 3, 2022
Despite lingering supply chain bottlenecks disrupting the global auto industry, the BMW Group achieved record revenue in Q3 as sales and demand for its electric vehicles continue propelling the German luxury automaker forward.
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CRU: Chinese EV sales hit hard by COVID-19 outbreak, but only for short-term
Green Car Congress
APRIL 1, 2020
The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total. Pent-up demand.
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GM expects lower 2024 EV sales amid lagging demand
Baua Electric
JUNE 11, 2024
General Motors does not expect to build as many electric cars as initially planned this year. At the Deutsche Bank Global Auto Industry Conference Tuesday, Jacobson said GM will continue to produce cars based on demand. After selling only 75,883 electric cars last year, GM missed its 100,000 EV sales goal.
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The Race To Catch Tesla In Electric Vehicle Sales
CleanTechnica EVs
NOVEMBER 17, 2021
By Charles Morris As the legacy automakers increase their commitment to electric vehicles, just about all the auto industry analysts expect that Tesla’s currently dominating market share will erode. Originally posted on EVANNEX.
EU auto sales expected to slow in 2024 as EV share increases: ACEA
Teslarati
NOVEMBER 29, 2023
Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.
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NIO CFO says confident of meeting this year's sales target
CN EV Post
MARCH 21, 2023
| NIO US | NIO HK | NIO SG An NIO (NYSE: NIO) executive re-emphasized the electric vehicle (EV) maker's confidence that it will meet its goal of doubling sales this year, at a time when the Chinese auto industry has been weak overall so far this year. "We Our team is very confident in that," Li said at the time.
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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric
Baua Electric
APRIL 22, 2024
More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.
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Electric companies form National Electric Highway Coalition to develop national fast-charging network
Green Car Congress
DECEMBER 15, 2021
The Edison Electric Institute (EEI) recently announced the formation of the National Electric Highway Coalition , which merges the Electric Highway Coalition and the Midwest Electric Vehicle Charging Infrastructure Collaboration and now includes additional participating electric companies from across the country.
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GM expects lower 2024 EV sales after killing its most popular model
Baua Electric
JUNE 11, 2024
General Motors does not expect to build as many electric cars as initially planned this year. At the Deutsche Bank Global Auto Industry Conference Tuesday, Jacobson said GM will continue to produce cars based on demand. After selling only 75,883 electric cars last year, GM missed its 100,000 EV sales goal.
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Tesla Model Y sales overtakes Toyota RAV4 in its quest to become the best-selling vehicle
Teslarati
JUNE 5, 2023
Tesla Model Y is another step closer to becoming the world’s best-selling vehicle in any category after overtaking Toyota RAV4 sales in Australia. According to The Driven , the Tesla Model Y was the best-selling EV last month, followed by the BYD Atto 3 with 1,448 unit sales. of Australia’s auto market in May.
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Volkswagen slashes ID.3 price in China to boost EV sales, starts at under $18K
Electrek
JULY 7, 2023
Once considered the leader in China’s auto industry, Volkswagen has watched its share of the pie shrink over the past year or so as EV makers like BYD, NIO, and Tesla steal the show. 3 electric car. 3 price in China to boost EV sales, starts at under $18K appeared first on Electrek. more… The post Volkswagen slashes ID.3
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China Electric Vehicle Sales Growth Is Sparking Big Change
CleanTechnica EVs
JANUARY 13, 2022
China has emerged as a world leader in electric vehicle adoption in recent years. According to the Wall Street Journal, “China’s car market snapped a three-year decline last year, helped by strong sales of electric vehicles.” And it turns out 2021 was no exception.
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As Electric Vehicle Sales Skyrocket, Tesla Continues to Dominate
CleanTechnica EVs
MAY 9, 2021
The auto industry (among others) had a tough 2020, but it’s coming back strong — in the first quarter of 2021, the US […]. Originally posted on EVANNEX. by Charles Morris The events of the last year have dramatically demonstrated the truth of the old adage that major crises tend to accelerate changes that were already underway.
Some Members Of The Auto Industry Are Still Clueless About Electric Vehicles
CleanTechnica EVs
MARCH 25, 2021
Yeah, big shocker, right? Even though this cluelessness is hardly new information, it is still fascinating to see it when it presents itself. I recently had an exchange with said cluelessness in the comments section of a LinkedIn post. I know, I know, online comment sections are a vacuum for the egomaniacally ill-informed. I try […].
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