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NIO ET5 electric sedan to launch in the United Kingdom

Teslarati

The NIO ET5 mid-sized electric sedan will launch in the United Kingdom (UK). In comparison, NIO House stores have been launching in the European market recently. The Chinese automaker’s next NIO House store will open in the United Kingdom. The brand also expects to expand to the United States market by 2025.

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Tesla dominated European markets in 2023

Teslarati

Tesla dominated various European markets in 2023 as the company is evidently the main driver behind a continuous increase in electric vehicle market share on the continent. million unit goal for the year. United Kingdom Tesla owned 15.3 Tesla hits 2023 delivery guidance of 1.8 It was not very close.

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Tesla leads EV sales in Norway, nearly eliminates ICE competition in March

Teslarati

A new EV sales report from Norway shows that EVs, led by Tesla, have nearly eliminated all ICE vehicle sales in the country. That trend has continued to this day, and according to new reports from the Norwegian Government, nearly all gas and diesel-powered vehicle sales have been eliminated, only representing 2.7%

Norway 145
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DOE: 23.5% of vehicles sold in Norway in 2016 were plug-ins; highest market penetration in Europe

Green Car Congress

Nearly one of every four vehicles sold in Norway in 2016 was a PEV (23.5%), giving the country the highest plug-in electric vehicle (PEV) market penetration of European countries, according to figures from Argonne National Laboratory. of all European PEV sales were in the United Kingdom, the PEV market penetration was only 1.3%

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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run.

Sale 145
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Navigant: US to remain largest national plug-in vehicle market over next 10 years; Tokyo to take metro market lead spot from LA

Green Car Congress

Navigant Research forecasts that the United States will remain the largest national market for light-duty plug-in electric vehicles (PEVs) during the next 10 years, with LD PEV sales exceeding 514,000 in 2023. while the global market for LD vehicles will grow at a CAGR of only 2.6% during that period.

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Audi worldwide sales up 6.8% in September; strong Q7 performance

Green Car Congress

Audi saw its worldwide sales increase by 6.8% Sales in the Americas rose by 11.9%, while the brand’s business in Europe increased by 8.8%. With a strong start from the new Audi Q7, Audi saw its best-ever September sales in company history in Europe with almost 80,000 units. across all models to around 1,347,950 units.

Audi 150