Remove BMW Remove Chinese Remove Russia Remove Sale
article thumbnail

China March 2021

EV Sales

Another model with surging sales is the new BMW iX3, 10th last month with a record 3,519 units, with the midsize SUV now being BMW's main bet in China, and the only other foreign model on the table, besides the Tesla siblings. coincidence?

China 98
article thumbnail

Eight new EV brands you’ve never hears of – and they don’t come from China

EV Central

A partnership between the Saudi wealth fund PIF and the Taiwanese contract manufacturer Foxconn (best known for making iPhones), Ceer plans to have its first vehicles on-sale in 2025. Sedans and SUVs are in development using BMW component technology and Foxconn electric architectures. The Middle East is the initial target market.

China 89
article thumbnail

KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

What we are also seeing is more optimism across the board for vehicle sales following the economic downturn. With regard to investment in global growth markets, respondents predict increased investment in China (58%), India (50%), Brazil (41%) and Russia (33%). US automaker gains in market share.

Global 218
article thumbnail

KPMG survey finds global auto execs expect ICE dominance for some time; ICE downsizing and PHEVs to receive greatest investment over next 5 years; mobility-as-a-service in cities

Green Car Congress

Two-thirds (67%) of respondents believe e-vehicles will represent 15% or less of total new car sales by 2025. Nevertheless, this still represents potential sales of up to 5.7 Russia: 33% believe the share will be 16–20%. million in China, 2.5 million in India, 3.8 million in the US and 2.1 million in Western Europe.

article thumbnail

As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

percent of auto sales today to some 20 to 25 percent of sales by 2030, not all competitors will be winners in a world soon to be awash in electric vehicles. As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US.

article thumbnail

The Chip Shortage, Giant Chips, and the Future of Moore’s Law

Cars That Think

The latest numbers from chip manufacturing equipment industry association SEMI, show sales of equipment set to cross US $100-billion in 2021. GlobalFoundries has already inked agreements with both Ford and BMW. A mark never before reached. As for car makers, they may have learned their lesson. The result?

Future 142