article thumbnail

Fisker braking complaints trigger NHTSA probe

Teslarati

Fisker scraps direct sales and turns to auto dealers for sales In September 2023, the company announced plans to ramp production of the all-electric Ocean crossover SUV to 300 per day, compared to 180 units daily. However, by November 2023, Fisker cut its production forecasts as it struggled to deliver the Ocean to customers.

Fisker 105
article thumbnail

J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Breakdown of Global HEV and BEV Sales by 2020.

2020 250
article thumbnail

Navigant: sales of light duty vehicles to total more than 2.1 billion from 2015 to 2035

Green Car Congress

According to a recent report from Navigant Research, total sales of LDVs are expected to total more than 2.1 Navigant forecasts global annual LDV sales to grow from 88.8 Global market forecasts for sales and the number of vehicles in use, segmented by country, drivetrain, and primary fuel, extend through 2035.

2015 150
article thumbnail

Rio Tinto and Giampaolo Group enter into Matalco aluminum recycling joint venture

Green Car Congress

Rio Tinto will be responsible for sales and marketing of Matalco products following a transition period after completion of the transaction. Recycled aluminum is forecast to account for more than half of United States demand by 2028.

article thumbnail

Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

plug-in hybrid electric vehicles (PHEVs) in China by a greater than five-to-one margin during the forecast period, as the incentives and consumer demand in the country favor emissions-free driving. However, that figure represents less than 1% of the total light duty vehicle market in China. Battery-electric (BEVs) will outsell.

Plug-in 239
article thumbnail

Porsche and Boeing to partner on premium urban air mobility market; electric VTOL concept

Green Car Congress

—Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche AG. A 2018 study by Porsche Consulting forecasts that the urban air mobility market will pick up speed after 2025. We are combining the strengths of two leading global companies to address a potential key market segment of the future.

Porsche 265
article thumbnail

EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 million units. One significant confirmation is BYD surpassing Tesla as the top producer of battery-electric vehicles.