article thumbnail

2023 EV registrations in Europe surpass two million units, setting new record – Charged EVs

Baua Electric

Despite this, it is unlikely we will see volumes surpass the 15 million units recorded in 2019. However, market share also grew in emerging EV markets including Slovenia (which saw an increase from 5% in 2022 to 9% in 2023), Estonia (3.4% Chinese brands now available. Chinese brands saw sales grow by 79% year-on-year.

Europe 52
article thumbnail

Daimler and Geely Holding form global JV for smart; new generation of electric models

Green Car Congress

Daimler AG and Zhejiang Geely Holding Group , the German and Chinese automotive groups, have formed a 50-50 globally focused joint venture to own, operate and further develop smart, the pioneer of small urban vehicles, as a leader in premium-electrified vehicles. The joint venture is expected to be finalized by the end of 2019.

Global 259
article thumbnail

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

Green Car Congress

million units in March 2020, down by 39% from March 2019. Overall, the total for the first quarter of 2020 already highlights a reduction of 26% Q1 2019 with sales decreasing to 17.42 The passenger cars registrations for Europe-27 were 848,800 units, down by 52% compared to March 2019. Global vehicle sales totalled 5.55

Europe 261
article thumbnail

Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

In May 2019 production of the EQC (combined power consumption: 21.5 Just a few months later the German-Chinese production joint venture, Beijing Benz Automotive Co. In May 2019, the EQC 400 4MATIC as a purely electric vehicle, was integrated into the ongoing series production of the Mercedes-Benz plant in Bremen.

Mercedes 259