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Pike Research updates xEV forecasts; projects Ford to lead US PEV market, followed by GM

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Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts.

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Navigant Research forecasts plug-ins will be 2.4% of global new vehicle sales by 2023; luxury brands to represent about 50% of that

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Navigant Research forecasts that plug-in EVs (which include plug-in hybrids and battery EVs), will represent 2.4% Navigant expects sales of plug-in EVs from luxury manufacturers, such as Tesla, Mercedes, Audi, and BMW to grow strongly through 2018 before leveling off at around 50% of the plug-in EV market. million units.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. in North America between 2014 and 2022, according to data from Navigant Research’s Electric Vehicle Market Forecasts report.

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Electric car sales remain low in the UK

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plugin hybrids (PHEVs). The good news is that flatness or decline is mostly due to falling PHEV sales (stemming from incentive cuts), whilst the performance of BEVs has been more resilient. They were closely followed by group sibling brand, Audi, with BMW taking the third position. January’s combined plugin share of 20.0%

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Tesla Model Y continues to lead auto sales in Norway

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Plugless hybrids (HEVs) did better than PHEVs, growing their share from a year ago (6.1% Finally, another relative newcomer, the BMW iX1, has seen great progress, from its very first deliveries in December, climbing to 16th rank in Q1. Outlook Norway’s economy is escaping some of the worst of the fate of other European neighbours.

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June 2023 – Tesla Model Y was the best selling car in Sweden

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plugin hybrids (PHEVs). We can see that BEVs have grown well whilst PHEVs have slightly declined. Regarding volumes, BEVs grew by 33% YoY to 10,956 units, while PHEV declined by 5% to 5,798 units. The BMW i4 saw its highest volume yet (458 units), and climbed to 7th. The Swedish economy is experiencing just 0.6%

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Tesla Model Y also leads the German EV market

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BEV grew share slightly, but PHEVs lost half their share YoY, due to recent policy changes. plugin hybrids (PHEVs). PHEVs — which lost the entire Umweltbonus incentive from January 1st — saw sales hit harder, thus the almost halving of share YoY. Germany’s plugin electric vehicles took 21.6% year on year. comprised 15.7%

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