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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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Taiwanese smartphone giant Foxconn reveals electric ute, global sales planned

EV Central

But Hon Hai says there are already plans in place for all three models to be built in Taiwan, Thailand and the USA. It has purchased the former General Motors factory in Ohio and will build the Lordstown Endurance ute there, as well as the Fisker PEAR and the Indi One from California start-up IndiEV. Foxconn’s EV lineup.

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Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

Green Car Congress

The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% This level of sales results in a cumulative total of 25.4 Fleet sales of NGVs are growing at a rate of 10.8%

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Ford to Invest $450M in New Passenger Vehicle Plant in Thailand

Green Car Congress

Ford Motor Company is investing US$450 million (THB 15 billion) in a new passenger vehicle manufacturing plant in Rayong, Thailand, scheduled for completion in 2012. The facility will begin building the next-generation Ford Focus in 2012 for Thailand and other markets in the Asia-Pacific region.

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Honda adjusting production at North American plants due to flooding in Thailand; auto production at 50% through 10 November

Green Car Congress

American Honda Motor will temporally adjust automobile production at all six Honda auto plants in the US and Canada due to the disruption of the flow of parts from Honda suppliers in Asia because of the ongoing flooding in Thailand. The December on-sale date of the all-new 2012 Honda CR-V could potentially be delayed by several weeks.

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Nissan launches all-new Note in Japan, exclusively with second-generation e-POWER electrified powertrain

Green Car Congress

Nissan launched the all-new Note compact car in Japan, with sales planned to begin 23 December. As the company’s best-selling model in its home market, the car continues to play a key role in the Nissan NEXT global business transformation plan. In 2016, the Note e-POWER became a hot seller as soon as it started sales in Japan.

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The Global Outlook of Electric Vehicles

Blink Charging

million EVs were sold around the world in 2021, meaning almost 10% of all vehicle sales that year were electric, bringing the total number of EVs on the roads to about 16.5 Finally, in the first quarter of 2022, EV sales were up 75% from that same time period in 2021! Needless to say, EV sales are increasing globally.