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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Auto Sale Auto Industry Europe 113

Green Car Congress

APRIL 2, 2022

Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. Automakers need to be tech-efficient to combat technology rivals invading the auto industry. —Bakar Sadik Agwan.

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Global Toyota Auto Industry Light 370

Green Car Congress

JULY 23, 2013

While the global market is expected to see positive growth overall, there are a number of mixed signals at the regional level. North America and Developing Asia-Pacific markets are driving most of the growth, while Developed Asia-Pacific is expected to see continued declines as assembly is localized abroad. to global growth.

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2013 Light 2017 Global 170

Baua Electric

JANUARY 31, 2024

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.

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Market Germany Mercedes BMW 52

Green Car Congress

NOVEMBER 8, 2012

The anticipated action plan comes at a time when the automotive industry is facing particular pressure due to a strong decline of the EU market and structural overcapacities. It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. A stronger internal market and smart regulation.

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Auto Industry 2020 Industrial Industry 231

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. for the whole Chinese auto industry.

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Chinese Sale China 2020 221

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 London Price Auto 110

Green Car Congress

JULY 31, 2011

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Another market headwind is the stagnant US housing market. AlixPartners finds that the global vehicle market is on track to be 76.4

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Auto Industry Industrial Industry Auto 199

Green Car Congress

JUNE 14, 2011

Plug-in hybrids dominate market penetration in 2025 under CAR scenario IV (62 mpg CAFE standard). The CAR report, the US Automotive Market and Industry in 2025 , relies on technology and market forecast data from the National Research Council (NRC) and J.D. mpg in a market with $6.00 Source: CAR.

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Fuel Economy Economy Auto Industry Standards 199

CN EV Post

APRIL 17, 2023

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. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent year-on-year and 23.6 percent from a year earlier and up 14.3

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Price Sale Auto Industry China 141

Push EVs

JANUARY 9, 2023

The UK’s auto market saw plugin electric vehicles take 39.4% Full electrics alone took almost a third of the market. Overall auto volumes were up 18% year on year in December, but still down compared to pre-2020 norms. 4) took December’s second place in BEV market share, and BMW (led by the i4) took 3rd.

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Market Plugin PHEV Cars 59

Green Car Congress

JUNE 11, 2015

Driven by environmental problems, a growing auto industry, and a big policy push, China’s advanced energy storage market will be worth $8.7 Lux Research analysts studied China’s growing energy storage market in the backdrop of drivers such as environmental pollution, the push toward renewables, and government incentives.

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Energy Storage Transportation Market Energy 150

Green Car Congress

JUNE 9, 2014

This year, we’re seeing somewhat of a plateau in the market, and expect it to remain over the next few years, without a major change in either direction. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4 This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005.

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Scrappage Vehicles Auto Industry Light 210

Teslarati

JULY 13, 2021

Tesla ( NASDAQ:TSLA ) has announced that it would be posting its financial results for Q2 2021 after the market closes on Monday, July 26, 2021. These headwinds included an ongoing chip shortage that has adversely affected the auto industry as a whole, as well as delays in the rollout of the new Tesla Model S Plaid.

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Tesla Auto Industry Companies Auto 145

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. IDC Before we get into how the shortage will end, it’s worth summing up how it began.

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South Korea Auto Industry United States Supplies 125

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. This strategy is about giving our customers more choices and new services to make the ownership experience better. —Kent O’Hara.

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Personal Connect Connected Nissan 150

Push EVs

APRIL 7, 2023

Sweden’s plugin electric vehicles took almost 60% of the auto market in March, up from 55.6% of the market, up from 31.8% Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. of all passenger auto sales! of the entire passenger auto market!

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Sweden Plugin Tesla Volvo 59

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. of the market (from 14.0% There were no new faces in the top 20 (nor even any newcomers BEV models to the overall market), but June saw a few personal-best performances.

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Sweden Plugin Tesla PHEV 52

Baua Electric

JANUARY 30, 2024

GM released its annual forecast with fresh clarity, it says, about labor costs after the ink has dried on new union contracts in North America. GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. billion last year.

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Sale Cadillac GM General Motors 52

Push EVs

APRIL 13, 2023

of the auto market in March, down from 22.7% BEVs saw fractional market share growth YoY, and a new volume record, whilst PHEVs saw a slight decline. Overall auto volume was 287,825 units, up some 18% YoY, though still some 19% down from March 2019 levels. combined share of the overall market (from 29.6%

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Plugin Tesla PHEV Audi 59

Push EVs

MAY 17, 2023

The UK car market saw plugin electric vehicles take 21.9% Overall auto volume was 132,990 units, up 11.6% YoY overall market growth, BEVs grew volume 59% to 20,522 units, and PHEVs grew 33%, to 8,595 units. Most of the auto market’s volume growth, in fact, came from plugins. year on year.

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Plugin Nissan PHEV Auto 59

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. With regard to investment in global growth markets, respondents predict increased investment in China (58%), India (50%), Brazil (41%) and Russia (33%). US automaker gains in market share.

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Global Auto Fuel 2010 218

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

JULY 27, 2020

The research brief draws on the authors’ research and experience in the engineering, social, and policy dimensions of automation and autonomy in extreme environments of the deep ocean and aerospace, as well as years of engagement with the auto industry, transit, and automated vehicle systems.

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MIT Future Environment Auto Industry 294

Qnovo

MARCH 2, 2021

At a market capitalization exceeding $700 billion, Tesla enjoys a unique financial position among all auto manufacturers to expand its investments in electric vehicles and infrastructure. We are in the midst of deep disruption to the auto industry. There is a split opinion among auto manufacturers.

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Supplies Electric Vehicles Parts Batteries 52

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

Green Car Congress

JANUARY 4, 2012

rapidly weakening worldwide economy causes the global auto market to collapse, much as it. escalation in fuel prices; a steep rise in raw materials costs; or a slowdown in the rate of secular demand growth in key developing markets, particularly China. —“2012 Outlook: US Auto Manufacturers and Suppliers”.

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2012 Detroit Chrysler 2009 186

Green Car Congress

JULY 4, 2009

Winterkorn noted that the industry is experiencing its worst crisis in decades, with a collapse in the global market of 18% in the first half of this year. Volkswagen is Europe’s largest automaker, and saw its global new vehicle market share increase to 11% during the first quarter of 2009. VW and the electric car.

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2013 Companies Gas-Electric Recharge 150

Green Car Congress

NOVEMBER 26, 2015

According to KPMG’s Gary Silberg, National Automotive Leader for KPMG, the increasing desire for mobility options will present “huge opportunities for new entrants and business models in the auto industry.”. We grossly underestimated that trend.

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Miles Vehicles Denver Personal 150

Teslarati

JANUARY 25, 2023

17:22 CT – Tesla executives also highlighted that there is no EV market. million forecast. “We think demand will be good despite probably a contraction in the auto industry as a whole,” Elon said. Elon Musk confirmed that yes, Tesla would be doing this, though the product has not been announced as of yet.

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Tesla Texas Nevada Production 117

Revenge of the Electric Car

MAY 17, 2010

presence in the world’s two largest passenger car markets (China and the. Read more in the article: Can electric cars break out of niche status in US, China market? the world’s two largest passenger car markets, then a transition away from. Can electric cars break out of niche status in US, China market?

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China E6 Gasoline-Electric Chinese 133

Green Car Congress

MARCH 5, 2020

Sales in the world’s single largest vehicle market sank 33.1% Many established automakers and suppliers have hinged their business plans on China in light of its previously reliable sales growth, especially as western markets begin to contract having reached peak motorization. compared with January 2019 to just 1.66 million units.

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Sale 2012 Global 2019 286

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

Green Car Congress

FEBRUARY 18, 2009

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 million units (57.5

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Chrysler GM Saturn Production 150

Teslarati

APRIL 26, 2021

Tesla also did not provide a specific forecast for 2021’s vehicle deliveries. We’ve been pleased with how much liquidity there is in the Bitcoin market. And if one were to look at Tesla’s tech evolution, Tesla came to a point where it needed something more powerful than what the market offers.

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Tesla Texas Solar All-Electric 98

Plug In Partners

DECEMBER 14, 2007

Slow charging has been the key hurdle to public acceptance of battery-electric vehicles as viable distance travelers, so this breakthrough has all sorts of implications for the automotive industry as well as being a very welcome upgrade to a whole host of other portable devices.

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Charging Li-ion Lithium Ion Mitsubishi 100

Green Car Congress

FEBRUARY 4, 2011

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

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Plug-in 2015 Plug Recharge 218