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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

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of total California auto sales in 2021. The CEC updates its Zero Emission Vehicles (ZEV) sales figures quarterly by analyzing DMV data. Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard.

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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business. Higher repair costs also weighed on the company’s overall fleet maintenance expenses.

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Daimler and Geely Holding form global JV for smart; new generation of electric models

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Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles. Future production will be located in China.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

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Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.

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Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR | Autocar Professional

Baua Electric

Addressing the CEO Investor Day 2024 in Seoul, Korea on Friday, Ho-Sung Song, the president and CEO of Kia said, “We forecast sales of 1.1 In India where the market demand is also expected to grow, we will establish a sales system to sell 4 lakh units by showcasing new models that are scheduled to launch in 2025.”

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

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Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Click to enlarge. A new report from J.D.

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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk analysts believe the global economy will weather the current European sovereign debt crisis and consumers will return to showrooms around the world in 2012. Polk forecast, millions of units. Click to enlarge.

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