Baua Electric

MAY 15, 2024

The move is aimed at easing financial difficulty faced by SK Innovation’s battery-making unit SK On amid weakening demand for electric vehicles, according to the newspaper, citing an unnamed investment banking source.

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Baua Electric

APRIL 24, 2024

Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It also posted sales of USD3.70 It now expects to report organic revenue growth for parts and services between 2.5%

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Baua Electric

MAY 1, 2024

By: HT Auto Desk | Updated on: 01 May 2024, 13:57 PM Tata Motors has witnessed a marginal growth with its passenger vehicle sales last month, while EV sales witnessed a slight decline. Tata Motors witnessed marginal growth in its passenger vehicle sales last month, while EV sales witnessed a slight decline.

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Baua Electric

APRIL 15, 2024

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build.

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Baua Electric

MAY 1, 2024

Stagnant Tesla sales flatten EV growth in California. Are electric vehicle sales down in California? Overall EV deliveries were pulled downward by sagging Tesla sales but mostly countered by strong sales of EVs from other brands, including Hyundai. Toyota sets up shop for all things hydrogen. Privacy Policy.

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Baua Electric

MAY 4, 2024

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4

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Baua Electric

FEBRUARY 7, 2024

China exported 4,43,000 vehicles in January 2024, accounting for 18.2% of the total sales, while nearly one out of seven NEVs sold during the month was also exported, CAAM data shows. China’s new energy vehicle sales fell 38.8% China’s new energy vehicle sales fell 38.8%

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Baua Electric

OCTOBER 6, 2023

Auto gross sales have been up in September and the 3rd quarter as effects have been buoyed by way of Exertions Month weekend buying groceries, new-vehicle stock and strong call for for sunny vans and electrified automobiles. The post September auto gross sales defy expectancies appeared first on Bauaelectric Auto News.

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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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Baua Electric

APRIL 25, 2024

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. The company said it is well-placed with Chinese carmakers, accounting for 14% of its first-quarter sales, both for the Chinese market and for export.

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Push EVs

APRIL 8, 2023

Norway’s plugin electric vehicles took 91.1% share of the auto market in March, down from 91.9% Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). The past 6 months have seen BEVs take more than 83% of auto sales.

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Baua Electric

MAY 9, 2024

Kia India will expand Kia Krystal’s ambit to include a new process for welcome calls, aimed at onboarding new customers post-sales and keeping them informed about ownership programs and offerings. New Delhi: Kia India Friday launched Kia Krystal , an innovative digitized aftersales initiative.

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Baua Electric

APRIL 25, 2024

And EV sales are set to make gains in the U.S. GM this past week released details regarding the home energy backup functionality that’s available for its Chevy Silverado EV RST electric pickup as vehicle-to-home (V2H). vehicle share, and about 20% of all cars sold globally. Mini shows its Aceman EV. and globally in 2024.

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Baua Electric

MAY 7, 2024

India Auto Inc has had a good start to the new fiscal year 2025. The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. 4, sold 280,204 scooters, motorcycles and mopeds, increasing its YoY sales by 34% (April 2023: 208,818 units).

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Baua Electric

MAY 7, 2024

India Auto Inc has had a good start to the new fiscal year 2025. The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. 4, sold 280,204 scooters, motorcycles and mopeds, increasing its YoY sales by 34% (April 2023: 208,818 units).

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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. The auto parts supplier also raised its share repurchase target for the year to USD 1.5 Shares of Aptiv jumped about 11.6% in morning trading.

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The Truth About Cars

JUNE 16, 2023

Florida governor and GOP presidential candidate Ron DeSantis recently joined the fray when he signed House Bill 637, legislation that blocks direct auto sales for most brands but not all.& & As Inside EVs pointed out, the bill’s language prohibits direct-to-consumer sales by automakers.

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Baua Electric

MAY 17, 2024

Maruti Suzuki India Limited inaugurated its 3,000th ARENA sales outlet located in Ludhiana, Punjab. Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India Limited said, “Crossing the milestone of 3,000 ARENA sales outlets shows our constant endeavour to be closer to our customers to offer a delightful buying experience.”

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Electric Vehicles India

MARCH 4, 2023

The sale of electric vehicles surpassed 100,000 units in February for the fifth month in a row Electric vehicle (EV) sales in India have passed the 100,000 milestone for the fifth consecutive month. There were 10.09.911 electric vehicles sold in the 2022 financial year, for the first time exceeding one million.

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Electric Vehicles Sale India Vehicles 101

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. Meanwhile, Toyota sold a total of 2,616 RAV4 vehicles. May 2023 sales results beat May 2017’s sales which held the previous record. of Australia’s auto market in May.

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Toyota Sale Tesla Australia 145

Electrek

APRIL 7, 2023

With new electric vehicle sales approaching a record 7% of the total US auto market, the used EV market is beginning to pick up. According to new data from Cox Automotive, used EV sales were up 32% in the first quarter, with a clear new path to increase rapidly.

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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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Electric Vehicles India

MARCH 1, 2023

Electric vehicles (EVs) have been gaining significant popularity in recent years as a more sustainable and environmentally-friendly mode of transportation. As a result, the sales of electric vehicles have been surging globally, with more and more people choosing EVs, especially electric two wheelers over traditional gasoline-powered cars.

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Electric Vehicles Sale India Vehicles 88

Baua Electric

FEBRUARY 5, 2024

Ahead of next month’s budget, the industry body called for Britain to support consumers by temporarily halving VAT on new BEV purchases. Overall new car sales in January rose 8.2% Overall new car sales in January rose 8.2% anticipated in October.

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The Truth About Cars

JANUARY 31, 2024

EV sales fell for two consecutive quarters last year, down ten percent between Q3 and Q4, to 89,993 registrations. As Automotive News pointed out, the state still registers a substantial number of EVs, and they accounted for 21.4 percent of auto sales last year. percent, up from 5.9 percent the year before.

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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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Electric Vehicles India

MAY 21, 2021

Electric vehicle news 22 May. In the Electric vehicle news 22 May, the highlights are Tata Nexon tops the sales in April, Tesla’s quickest car is about to hit the road, Ather patent image leak indicates it is a maxi- scooter , EV Charging solutions provider Magenta raises 120 crore funding. Tata Nexon EV.

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Electric Vehicles Vehicles India Electric 82

Teslarati

SEPTEMBER 8, 2023

After passenger vehicle sales dropped in June and July, the Chinese auto market recovered in August with a return to growth. Passenger auto sales in China increased 2.2 Gigafactory Shanghai sold roughly 84,159 vehicles in August , marking a nearly 31-percent increase from just 64,285 units sold the prior month.

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The Truth About Cars

OCTOBER 4, 2023

With massive improvements in available inventory – and a strong demand despite gonzo interest rates – vehicle sales were very robust last quarter and indeed for the entire year to date. There’s a chart below, detailing most of the brands which have seen fit to release their sales data in a timely manner. No, seriously.

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Baua Electric

JANUARY 7, 2024

Read more FADA is betting big on new car launches, positive consumer sentiments, high demand for SUVs, and improved availability of cars for short and long-term passenger vehicle sales growth in 2024. This comes after the Indian automobile industry registered sales of more than 41 lakh passenger vehicles in 2023.

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Electrek

AUGUST 18, 2022

Chinese automaker Geely Auto released strong first-half 2022 results today, showing a massive surge in EV sales. The automaker continues growing its electric segment, with pure electric vehicle sales surging 520% from 2021.

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Baua Electric

APRIL 26, 2024

Guangzhou Automobile (GAC) will also launch flagship models under its Trumpchi brand from 2025 featuring Huawei’s smart vehicle technology. State-owned Changan, Dongfeng and BAIC are fighting back with new EV brands such as Avatr, VOYAH and Arcfox, all equipped with Huawei’s ADAS.

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Baua Electric

MARCH 18, 2024

’s Cruise unit, set to join the board of directors on April 1, a global news organisation reported. However, as Tesla slashed prices and resale values tanked, Hertz found itself saddled with a fleet of depreciating assets, prompting the sale of 20,000 EVs by December.

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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

JANUARY 31, 2024

EV sales will reach 8.0% new vehicle market this month, S&P Global Mobility has predicted. S&P expects this uncertainty to be a temporary speed bump to EV sales; in late 2023 it declared that it was doubling its U.S. EV sales forecast for 2030 due to the anticipated positive impact of IRA provisions.

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Baua Electric

APRIL 16, 2024

Citroën C3 Aircross SUV AT New Delhi: Sheeva.AI has introduced in-vehicle payment technology through SheevaConnect product suite for Citroën C3 Aircross SUV AT , a budget-friendly automatic midsize SUV in India. enabled Citroën C3 Aircross SUV AT vehicles are now available in showrooms across India. Other Sheeva.AI

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Baua Electric

JANUARY 16, 2024

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. Electric vehicles were already considered expensive and hard to repair. “Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.”

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