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Tesla Overtakes BMW In 2021 US Luxury Car Sales

Get Electric Vehicle

But, according to Automotive News, Tesla may overtake BMW as America’s best-selling luxury automobile brand, as the company does not distinguish domestic and worldwide sales. BMW, located in Munich, sold 336,644 vehicles over the same time period. That said, Cox has suggested that Tesla outsold BMW in the US in 2021.

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GM leaps ahead in lithium mining race, secures next-gen extraction deal

Teslarati

This has pushed many, including GM, further down its supply chain, buying up companies and securing supplies for the future. EnergyX, which GM has invested an undisclosed amount of capital into, is looking to pioneer a new lithium extraction method entirely, which could place GM at the forefront of the most affordable lithium on the planet.

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Tesla battery supplier Panasonic to increase battery production at Giga Nevada

Teslarati

Tesla told Panasonic it would buy as many battery cells as Panasonic could make. Elon Musk and other Tesla executives have always been clear that the company would still buy battery cells from its partners, including LG Energy Solutions, Panasonic, and CATL in China.

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Volkswagen wants an electric ID. GTI hot hatch in the US at $25,000? Bring it on!

Baua Electric

Volkswagen Group America CEO Pablo Di Si believes the German automaker can match it. GTI is based on VW’s affordable ID. GTI would be Volkswagen’s most affordable EV in the US by far. Although sales were up, VW was still behind rivals BMW, Mercedes-Benz, and Hyundai. Di Si sees the electric ID. At around $20,000, the ID.

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Hyundai and Ford’s EV registrations outpace the competition in March

Baua Electric

With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. With some of the most affordable and fuel-efficient EVs on the market, Hyundai expects the momentum to continue this year. Although the growth was slight in March, the EV share of the light vehicle market grew from 6.8%

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Tips for purchasing a new EV amid a vehicle shortage

Plug in America

High demand/brand new models such as the BMW i4, Ford Mustang Mach-E, and Hyundai IONIQ 5 are in extremely high demand and short supply on dealership lots. Plug In America offers numerous resources to help you in your search for an EV. . Bright spots exist in the market for shoppers of new and pre-owned EVs.

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

Green Car Congress

The Europe, Middle East and Africa (EMEA) region will account for the largest share of production at more than 40%, with the Americas and Asia-Pacific each making up about 30%. At the same time, European automakers are introducing compelling new EV models, such as the BMW i3.

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