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GM: Q2 gross sales up 19% on industrial, SUV positive factors

Baua Electric

light-vehicle gross sales surged 19 % in the second one quarter as all 4 of its manufacturers posted double-digit positive factors. GM stated its retail gross sales rose 15 % time over time, time gross sales via GM Envolve, a newly created unit that mixes fleet and its BrightDrop logo of electrical supply trucks, jumped 34 %.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. of total EU car sales in 2017. —Erik Jonnaert, ACEA Secretary General.

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J.D. Power study finds consumer EV consideration in Canada significantly lags US

Green Car Congress

Growing concerns about affordability and infrastructure (both from charging and electrical grid perspectives), have caused a significant decline in the number of consumers who see themselves in the market for an EV anytime soon. —J.D. Ney, director of the automotive practice at J.D. That is up 13 percentage points from 2022 (53%).

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Govt aims to expand ethanol industry & EV sales penetration 

Electric Vehicles India

Govt aims to expand ethanol industry & EV sales penetration . Read further to know more about EV sales penetration. . The Minister also cited examples of Brazil, Canada, and the USA, where most automobile companies manufacture flex-fuel engines. . EV sales penetration .

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

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Mahindra Electric leads electric tricycle sales in January 2023

Electric Vehicles India

Mahindra Electric, Yatri EV, Mayuri, Citylife, and Mini Metro were among the top five electric tricycle retail sales in January 2023 Sales of electric tricycles in India have reached new heights with over 32,000 units sold in January 2023. Mahindra Electric secured the top spot on the sales list.

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Survey: Dealers think Biden is moving too fast on EVs

Baua Electric

Dealers think the Biden administration’s EV policies are forcing the auto industry to move ahead of market demand, according to a new Automotive News survey. The rules haven’t been finalized, but that process could be completed as soon as March, the industry journal noted. car dealers and dealership managers.

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