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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 million units in March 2020, down by 39% from March 2019. This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units.

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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. years by 2019. This rate of growth is slowing as compared to the last five years due to the substantial increase in new vehicle sales. years through 2015, then rise to 11.5 years by 2017 and 11.7

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Update: Top 10 Electric Cars

Clean Fleet Report

has fully embraced EVs and, after years of teasing with snazzy concepts, the real hardware is for sale–and is selling well. Road Test: 2019 BMW i8 Roadster. As part of these events we may be offered free transportation, lodging or meals. BMW Takes Middle Path to Electrification ; Road Test: 2014 BMW i3.

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

Cars That Think

In early 2019, Reuters estimated that the top 29 global auto manufacturers had already pledged to invest more than $300 billion towards developing electric vehicles (EVs) and supporting technologies including autonomous driving capability. The Tesla EV has only around 20 such parts. Modify ICE or Go EV?

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Convincing Consumers To Buy EVs

Cars That Think

Interestingly, a 2019 Massachusetts Institute of Technology (MIT) study predicted that as EVs became more widespread, battery prices would climb because the demand for lithium and other battery metals would rise sharply. King notes, “In the early days of automobiles, drivers and chauffeurs had to monitor and be able to fix their vehicles.

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

Elon Musk: Yeah, I mean, we’re putting the actual “Auto” in automobile. Because if not, then the core part of the thesis could potentially be at risk. What are the types of activities that you’re presumably sacrificing as a result of parting ways with with these folks? Well apparently it doesn’t need a horse.

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