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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. million in 2022, according to data from the China Association of Automobile Manufacturers. In 2023, the company sold 1.6 million fully battery-electric vehicles last year, coming close to Tesla’s projected goal of 1.8

BYD 52
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VinFast to offer VF 8 customers access to over 2,000 movies through Sony’s RIDEVU service

Baua Electric

Following some early software hiccups , VinFast has pushed forward to get more of its SUVs on US roads, pulling demand levers while expanding its stateside dealer network. The VF 8 is young automaker VinFast’s ($VFS) flagship EV, hitting the US market two years ago as a 2023 model. customers.

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Flash Drive: 2023 VinFast VF 8

Clean Fleet Report

Flash Drive: 2023 VinFast VF 8 The First Car Vietnamese Car Comes To North America When Vietnam’s largest company, the VinGroup, announced in 2017 they were entering the automobile manufacturing business, it probably didn’t get too much notice. Speak to your dealer representative about when these features will be available.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Registrations of SUVs fell by 48% to 338,300 units while increasing their market share to almost 40%. For example, volume only fell by 5% for the Volvo XC40, which became the top-selling premium SUV in March, and the Range Rover Evoque registered 5,700 units, down by 3%. Some models performed better than others.

Europe 261
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XPeng revs up for comeback after ending 2022 in the slow lane

CN EV Post

The biggest was a sort of “identity crisis” for its flagship product, its midsize G9 SUV, which launched last September. XPeng is grappling with a lack of consistency in its marketing strategy, said Wang Cun, an analyst with the China Automobile Dealers Association (CADA). That was up just 20.8%

China 98
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ZAP Acquires 51% Stake in China’s Jonway Auto in Focus On China EV Market; Plans Acquisition of Other 49% in Second Phase

Green Car Congress

The ZAP Jonway merger will accelerate cost-effective manufacturing of ZAP’s electric vehicles and gives ZAP access to the Chinese market through Jonway’s distribution channels of more than 80 factory direct dealerships that feed into hundreds of factory authorized dealers, ZAP said.

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Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

GM dealers delivered 189,443 total vehicles in July, a 19.4% Light truck sales were led by the RAV4 compact SUV with best-ever July sales of 15,912 units, up 32.5% Hybrids had an especially good month, with reported sales jumping 31.8% Hybrid gains were largely due to an increase in Prius sales (up 29.7% Monthly sales of hybrids.