Teslarati

APRIL 10, 2024

BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability. According to the China Passenger Car Association’s (CPCA) Secretary General Chi Dongshu, China’s auto sector’s profit margins have fallen to 4.3% million EVs , up 14.7% year over year.

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BYD Thailand Chinese China 85

CN EV Post

APRIL 3, 2023

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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China Auto Sale Price 113

Green Car Congress

JANUARY 9, 2015

2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36

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2015 Global Auto Peru 150

EV Central

SEPTEMBER 30, 2023

Tesla and BYD are the top selling electric cars in Australia and the world – and that doesn’t look like changing any time soon. That’s one of the take-outs from a detailed analysis by investment analyst UBS Research , which released a report on its forecasts for EVs and the automotive industry over the next decade.

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BYD Electric Cars China Sale 132

Green Car Congress

MAY 20, 2020

BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 However, sales of combustion engine cars are set to drop even faster this year (by 23%), and the long-term electrification of transport is projected to accelerate in the years ahead. million units.

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Baua Electric

MAY 10, 2023

TOKYO — Eastern auto titan Toyota will quickly throw discoverable the manufacturing facility faucets in order all-time top manufacturing output, file world gross sales and a best-ever running benefit stage. In the meantime, consolidated world retail gross sales are anticipated to jump to file 11.38 This is up 7.8

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Baua Electric

FEBRUARY 5, 2024

Overall new car sales in January rose 8.2% Total BEV sales for the month rose 21% to 20,935 units, with fleet and business demand for BEVs up 41.7% While total new car sales forecast for 2024 is now estimated to be 4,000 units higher, the BEV forecast has been reduced to a market share of 21% over the year, down from 22.3%

Auto 52

Auto Sale Batteries Battery 52

CN EV Post

NOVEMBER 6, 2023

Automakers usually provide high forecasts to their supply chain, while suppliers make their own judgments based on the competitiveness of the vehicle models and the operating results of the car companies.

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CN EV Post

NOVEMBER 6, 2023

Automakers usually provide high forecasts to their supply chain, while suppliers make their own judgments based on the competitiveness of the vehicle models and the operating results of the car companies.

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Supplies Auto Sale Companies 72

CleanTechnica EVs

NOVEMBER 8, 2022

of Europe’s largest auto market, Germany, in October, up from 30.4% This in the context of overall auto market growth of 16.8% Plugin electric vehicles (EVs) gained 32.4% YoY, to 208,642 units. This, however, is still down by almost 25% from the pre-2020 seasonal norms.

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Plugin Germany Auto Europe 130

Teslarati

MARCH 29, 2024

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. The BYD Chairman also forecasted that exports would more than double to 500,000 units this year. In the first two months of 2024, BYD delivered 325,706 cars, up 2.9% million units.

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BYD Price Sale Vietnam 116

Green Car Congress

MARCH 27, 2020

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. This represents a downgrade of 10 million units compared to pre-coronavirus IHS Markit forecasts made in January 2020. Europe autos demand for 2020 is set at 15.6

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Gasoline 2020 2008 Gasoline-Electric 269

Green Car Congress

APRIL 25, 2018

Volvo Cars aims for fully electric cars to make up 50% of its sales by 2025, the company announced in Beijing. The announcement builds on Volvo Cars’ 2017 announcement that all new models released from 2019 will be available as either a mild-hybrid, plug-in hybrid or battery-electric vehicle.

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Volvo Fully Electric Sale China 199

Baua Electric

MAY 3, 2024

Auto parts supplier Aptiv on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor. Motional uses Hyundai’s IONIQ5 electric car for its robotaxi service, which it offers in Las Vegas through Uber and Lyft. in morning trading.

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Hyundai Auto Las Vegas Sale 52

Baua Electric

JULY 5, 2023

AlixPartners forecast China’s total auto gross sales would develop 3 p.c million automobiles, convalescing to the extent of gross sales prior to COVID-19. It forecast expansion to 30.6 China’s marketplace additionally faces immense overcapacity, and Dyer forecast a flow of consolidation.

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Chinese Sale Automobile Asia 52

Baua Electric

JULY 23, 2024

July 23 – Porsche AG cut its sales and profit outlook on Tuesday due to an unexpected aluminium alloy supply shortage, sending the German company’s shares down 4% to the bottom of Frankfurt’s blue-chip index. Porsche is also struggling with low electric vehicle sales this year.

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Porsche Supplies Mercedes Switzerland 52

Teslarati

DECEMBER 6, 2023

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem. That’s an increase of 36% from 2022.

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Electric Vehicles Sale Thailand Vehicles 131

Green Car Congress

JANUARY 12, 2020

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. Chinese EV sales through to July totalled 696,000 this year. Portable electronics have long been the mainstay of lithium demand. Although this marks an impressive 41.5%

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Price China Sale 2019 243

CN EV Post

APRIL 24, 2023

Li Xiang, founder, chairman and CEO of Li Auto (NASDAQ: LI), predicted a month ago that China's new energy vehicle (NEV) penetration rate would reach 70 percent by the fourth quarter of 2025. Now, perhaps fueled by optimism from the Shanghai auto show, he's making an even bolder prediction. million units, up 1.9 percent year-on-year.

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Auto China Sale Extended Range 110

Baua Electric

APRIL 25, 2024

And EV sales are set to make gains in the U.S. This and more, here at Green Car Reports. The Mini Aceman urban EV has been revealed, and it quite closely follows the 2022 concept car of the same name. According to the International Energy Agency, in an annual report and forecast out this week, EVs are set for 11% of the U.S.

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GM Sale Silverado Green Cars 52

Green Car Congress

JANUARY 8, 2014

Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. The requirement has been extended through 2025; however, the mandated sales levels are not likely to be met, Navigant notes.

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2014 Global Sale Motorcycles 346

Green Car Congress

MAY 16, 2023

With more than 284 million vehicles in operation (VIO) on US roads, the average age of cars and light trucks in the US has risen again this year to a new record of 12.5 The growth is in line with the firm's prediction from last year that constrained new vehicle sales would continue to impact and put upward pressure on the average age.

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Light Global Vehicles Fleet 273

Baua Electric

JULY 25, 2023

billion) within the first part of the date and showed its forecast for the second one part in spite of a “tense” world financial condition. The sports-car maker noticed income bounce 14 % to twenty.43 The post Porsche confirms forecast on 11% upper running benefit in H1 appeared first on Bauaelectric Auto News.

Porsche 52

Porsche Cayenne Price Parts 52

Baua Electric

NOVEMBER 1, 2023

Using an upswing in all-time-high quarterly profits, Toyota downgraded its outlook for EV gross sales however lifted its forecast for list profits within the complete fiscal while, increasing on an previous outlook that already known as for record-level earnings.

Toyota 52

Toyota Auto Sale Cars 52

Baua Electric

NOVEMBER 1, 2023

Using an upswing in all-time-high quarterly profits, Toyota downgraded its outlook for EV gross sales however lifted its forecast for checklist profits within the complete fiscal while, increasing on an previous outlook that already referred to as for record-level income.

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Toyota Auto Sale Cars 52

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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Price Sale Auto Industry China 141

Teslarati

JANUARY 16, 2023

Global electric vehicle sales reached 10 percent of all new cars sold in 2022, an increase from 8.3 New data provided by LMC Automotive and EV-Volumes.com (via Wall Street Journal ) shows global EV sales made up 10 percent of every new car sold globally last year, with most of the sales occurring in Europe and China.

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Global Sale Cars United States 94

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5%

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2015 Light Market Global 150

Baua Electric

MARCH 1, 2024

Valeo now anticipates net 2025 sales in a range of 24.5 French car parts maker Valeo on Thursday cut its net sales guidance for 2025, citing lower-than-expected growth in the automotive market and particularly for electric vehicles. Valeo now anticipates net 2025 sales in a range of 24.5 billion to 25.5 bn-USD 27.57

Auto 40

Auto Sale Europe Insight 40

Push EVs

FEBRUARY 9, 2023

The UK auto market saw plugin electric vehicles (EVs) take 20.0% share of new sales in January, flat from 20.4% Overall auto volume was 131,994 units, up some 15% YoY, but still 21% below pre-2020 seasonal norms. The i4 is popular in the UK market, and won Auto Express ‘ premium car of the year in 2022.

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Plugin Sale Electric Cars Cars 59

Green Car Congress

DECEMBER 13, 2009

Edmunds.com, a leading online resource for automotive consumer information, forecasts that in 2010, approximately 11.5 million cars and light trucks will be sold in the United States. million cars and light trucks this year. of 2010 sales will be hybrids, about 2.2% Edmunds.com analysts also predict that about 3.2%

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2010 Sale Hybrid 2006 199

Baua Electric

APRIL 25, 2024

Weakness in auto and industrial demand have been weighing on the sector, while investors remain cautious amid high interest rates, with escalating tensions in the Middle East increasing fears. Bernstein SG analyst Sara Russo said it was the first time the company had acknowledged the car market was weaker than expected. at 0810 GMT.

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Auto Chery Cars Insight 52

Baua Electric

MAY 11, 2023

TOKYO — Honda forecast a 19 p.c Japan’s second-biggest automaker forecast full-year working benefit emerging to one.0 Honda stated it anticipated upper gross sales quantity and to have the benefit of a beneficial provide chain. 0 trillion yen ($7.40 billion) in comparison with a 985.62-billion-yen 31 stood at 105.5

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Honda Japan Auto Sale 52

Green Car Congress

APRIL 30, 2022

China’s “zero-COVID” policy could slow sales of electric vehicles this month as consumers in the country’s biggest city remain at home. Consultancy Rho Motion now forecasts Chinese EV sales of 5.6 million this year, down from an earlier forecast of 5.8 —Jiang Li, CATL board member.

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Price Chinese Sale Batteries 279

CN EV Post

NOVEMBER 6, 2023

NIO 230 000!!!!!! Liars were so confident on CNBC of 230 000 this year. What happened? Again over promising and under delivering. These people need to be held accountable for their words.

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Supplies Cars Auto Sale 73

Baua Electric

MAY 9, 2024

The energy unit of Japan’s Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in Japan and a fall in sales of consumer products, the company said on Thursday. billion yen (USD 570.18 Its operating profit declined 25% to 40.7

Auto 52

Auto Batteries Battery South Korea 52

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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GM Sale Silverado Affordable 52