Electrek

OCTOBER 10, 2022

Tesla has managed to secure the best-selling car spot in Germany, a tough auto market known for preferring local brands. The post Tesla gets the best-selling car spot in Germany’s tough auto market appeared first on Electrek.

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Baua Electric

JANUARY 8, 2024

market share of the US auto market. It wasn’t that long ago that many bigwigs in the auto industry didn’t see Tesla ever being more than a niche automaker. But the company has made itself undeniable by holding a majority market share in the electric vehicle market in the US. market share of the auto market.

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Baua Electric

MAY 24, 2024

The used car industry is generally three to five years behind the trends in the new car market. New Delhi: The Indian used car market is poised for continued expansion, fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles.

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Baua Electric

APRIL 9, 2024

Ride-hailing major Ola Cabs is set to exit all of its existing international markets, namely the UK, Australia and New Zealand by the end of this month. In January, Ola Cabs’ chief executive Hemant Bakshi had said that the firm would focus on electrification of its fleet and premiumisation of its offerings for future growth.

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CleanTechnica EVs

APRIL 16, 2024

China is well known as the world’s leading electric vehicle (EV) market. In 2023, 25% of auto sales in China were sales of full electric vehicles. continued] The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica. It is a standard of the rapid, uplifting EV revolution.

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The Driven EV News

MAY 7, 2023

The CEO of Li Auto is predicting a WW2 scale production increase in electric vehicles and predicts an 80% EV market share in China in 2025. The post Auto boss says EV market share could hit 80 pct in China in 2025 appeared first on The Driven.

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Electrek

DECEMBER 28, 2022

Tesla’s loss in market capitalization equals almost the entire legacy auto industry combined – one of the most significant losses in value of all time. The post Tesla’s market cap drop is worth almost the entire legacy auto industry appeared first on Electrek.

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Teslarati

MAY 6, 2024

The news comes as multiple executives have departed from the company amidst a larger restructuring effort , which has included several rounds of layoffs that began in mid-April. Following the news, Bank of America estimated that adding Tesla’s FSD to the Chinese market could generate as much as $2.3 What are your thoughts?

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The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. At this time, our Toronto-area dealers have agreed to fund all display and activation costs pertaining to the Toronto auto show.”

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Baua Electric

MARCH 16, 2024

market share in 2023. New Delhi: CATL ( Contemporary Amperex Technology Ltd ), a key player in new energy technologies, has disclosed its performance for 2023, highlighting its presence in both domestic and international markets. market share in 2023. In the domestic market, CATL holds a substantial 44.5%

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Teslarati

MARCH 24, 2024

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto market anytime soon , some U.S.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Teslarati

DECEMBER 8, 2022

Tesla Giga Shanghai posted record delivery numbers during an overall weak month for auto sales in China, revealing its strong hold in the local market. . Tesla China set a new record in November 2022, selling 100,291 Giga Shanghai-produced vehicles during the month. China Auto Market Status. compared to 2021.

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Electrek

NOVEMBER 14, 2022

Tesla is showing some strong resilience in California’s crashing car market and is helping boost EV market share to a new record. The post Tesla helps boost EV market share in California’s crashing auto market appeared first on Electrek.

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Electrek

NOVEMBER 9, 2021

Farizon Auto, the commercial vehicle branch of Geely, launched a new electric semi-truck concept called the Homtruck. Furthermore, the Chinese automaker is planning to roll out the Homtruck semi in international markets too, including North America.

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Baua Electric

MARCH 22, 2024

Spark Minda aims to strengthen its presence in the two-wheeler and four-wheeler smart Passive Entry Passive Start (PEPS) market, prioritizing secure encrypted key management and efficient vehicle locking and unlocking system.

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Baua Electric

JANUARY 11, 2024

Filtration major Fleetguard is shifting gears to grab a significant share of India’s booming Rs 10,000 crore auto filtration market, eyeing a revenue range of Rs 2400–2500 crore from the segment this fiscal year. “We’re already supplying filters to alternative fuel vehicles running in India today,” he affirmed.

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Teslarati

JUNE 15, 2021

Tesla ( NASDAQ: TSLA ) is expected to control 10% of the global automotive market in the coming years, analysts from Tokyo-based Mizuho Bank said in a recent note to investors. While Mizuho analyst Vijay Rakesh identifies the growing global EV market and Tesla’s domination of it , he is aware of incoming competitors. .”

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Teslarati

FEBRUARY 26, 2024

Renault unveiled the Renault 5 city car at an automotive show in Switzerland this week, with its latest electric vehicle (EV) being a small, affordable option for European markets. As expected, the Renault 5 EV was unveiled at the Geneva International Auto Show on Monday, and it can now be seen on the automaker’s website.

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead.

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Baua Electric

MAY 30, 2024

According to the Central Electricity Authority’s (CEA) latest optimal generation mix report, the BESS market in India is projected to exceed 208 GWh by 2030. New Delhi: Kabra Extrusion Technik Ltd. The demand for the BESS market is set to soar and will be a major disruptor in India’s power sector in the coming years.,”

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Baua Electric

MAY 26, 2024

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

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Baua Electric

JANUARY 16, 2024

Analysts and industry experts believe the move will affect the second-hand market for EVs and dissuade buyers who are already rethinking big purchases due to higher borrowing costs. “Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.” The value of used EVs has dropped 33.7%

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Baua Electric

JANUARY 25, 2024

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “If you want to get to 20%, you just have to calculate how much you need to build here.”

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Teslarati

NOVEMBER 17, 2021

Tesla bull and CEO of ARK Invest Cathie Wood predicts that Tesla’s share in the total auto market could be up to 25% by 2026. The post Tesla’s share in the overall auto market could be up to 25% by 2026 appeared first on TESLARATI. Tesla vs. Other EV Startups. The Teslarati team would appreciate hearing from you.

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Baua Electric

MAY 23, 2024

Tesla opened an EV plant in Shanghai in 2019 that assembles cars for China, Europe and other overseas markets. 2 seller in the booming Chinese market for electric vehicles. The market leader is Chinese auto company BYD. It is the No.

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Baua Electric

MAY 29, 2024

The main drivers behind China’s job growth are auto, electric devices, and semiconductors, all powering the country’s surging electric vehicle market. In 2023, new energy vehicle (EVs and PHEVs) registrations reached 8.1 The new low-cost EV is already creating a stir among overseas rivals ahead of its European debut.

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Baua Electric

APRIL 27, 2024

Renault held talks this week with China’s Li Auto and Xiaomi on electric and intelligent vehicle technologies , the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. China disputes the claim and has accused Europe of protectionism.

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Baua Electric

MAY 22, 2024

CATL is doubling down on its global expansion efforts as it seeks more growth in overseas markets. With CATL’s chairman now leading the efforts, the company is making overseas growth a top priority as it outgrows China’s surging EV market. share of the market. Despite incoming competition, CATL’s market share grew from 36.2%

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Baua Electric

MAY 29, 2024

Auto components manufacturer Samvardhana Motherson International Ltd reported a consolidated net profit of INR 1,444 crore for the fourth quarter ending March 2024, marking a substantial increase from the INR 699 crore posted in the same period last year.

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Teslarati

JANUARY 18, 2022

EVs are undoubtedly becoming a piece of the automotive market globally, slowly but surely. While the market share is still relatively low for EVs, ICE vehicles are becoming less attractive due to gas savings as prices at the pump are reaching incredibly high levels. Just naming a few examples does not seem to do Tesla justice.

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Baua Electric

MAY 30, 2024

New Delhi: Kinetic Engineering Limited (KEL), the flagship of Kinetic Group and a leading auto component manufacturer , has reported 86% growth in FY24 profit at INR 5.22 cr – ET Auto appeared first on Bauaelectric Auto News. crore compared to INR 2.80 crore in FY23.

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Baua Electric

MAY 29, 2024

And Volkswagen has confirmed that it’s working on a $22,000 VW EV created in Europe and intended primarily for the European market—at a price of only about $22,000. Would such a vehicle also make waves in the U.S.?

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Baua Electric

MARCH 2, 2024

The SUV-centric trend has extended beyond new car acquisitions and is making its presence felt in the used car market with a 4-6% growth since FY21, Chopra said. As per the findings of the Gurugram-based online used car marketplace, there are changes in market dynamics with customers opting for frequent upgrades when it comes to cars.

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Teslarati

JUNE 15, 2021

Tesla is preparing to overtake China’s automotive market with two major milestones relating to the company’s Supercharging infrastructure and Service Center locations. The electric automaker continues to expand its footprint in China, a market that has been recognized as a battleground for Tesla’s future success.

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Electrek

MARCH 27, 2024

Hyundai announced a massive $50 billion (68 trillion won) investment to secure its position as the auto market transitions to EVs. The Korean automaker will hire 80,000 people in Korea to help it become a top-three EV maker by 2030.

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Baua Electric

MAY 27, 2024

Toyota, which has benefited from an uptake of petrol-electric hybrids in markets such as the U.S. It said its new 1.5 Chairman Akio Toyoda in January said EVs would reach a global auto market share of 30% at most, with hybrids, hydrogen fuel-cell and fuel-burning vehicles making up the rest. It sold about 2.4

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