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Tesla margins will tighten as price cuts wage EV war: Morgan Stanley

Teslarati

Tesla ( NASDAQ: TSLA ) investors should prepare for tightening margins as price cuts wage a war between electric vehicle makers, Morgan Stanley said in a note. “We believe EV price cuts are not a fad, but a trend,” analysts wrote in a note. Others have avoided the strategy altogether.

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Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

Liu Shijin, deputy director of the Development Research Center of the State Council, one of China’s top government think tanks, told a forum that the government should shift its guidance to automakers from mere pursuit of output capacity to environment-friendly and energy-saving targets. Tags: Brief.

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Nexon EV turns four, sells over 60,000 units since launch | Autocar Professional

Baua Electric

The Nexon EV’s sales were slow in the first year, the launch coming just two months before the Covid pandemic struck in March 2020. While sales crossed the 1,000 mark on August 18 , seven months after rollout, the 2,000-unit mark came in 10 months on December 2, 2020, and the 4,000 mark by end-March 2021, 14 months after launch.

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GAC Aion Hyper GT introduced in China with 340 hp and swappable battery. Begins at 30,370 USD

Baua Electric

Its cumulative gross sales from January to June reached 209,336 automobiles with Y-O-Y build up of 109%. In keeping with an organization, its stations are somewhat environment friendly. It signifies that the Hyper GT prices even upper than its major opponents. This month, they need to set up 180 stations.

China 52
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Honda Introducing BEV and PHEV to US and Japan in 2012; Demonstration Programs in US Begin This Year

Green Car Congress

Vehicles equipped with this new system are scheduled to go on sale in 2012 in Japan and the US. Honda’s battery EV is scheduled to go on sale in Japan and the US in 2012. Such good products must be delivered with speed without making our customers wait, and at affordable prices which make our customers happy with their purchase.

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Promising EV Trends to Lookout For in 2023

Get Electric Vehicle

In the year 2022 overall sales of EVs in the United States reached 5.6% million battery electric cars (BEVs) and plug-in hybrid electric vehicles (PHEVs), sales of EVs increased by 55% above 2021 levels, bringing the total number of EVs worldwide to 20 million. and the year is considered to be a tipping point for EVs by Many.

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How to Choose the Right Electric Car for Your Lifestyle?

Get Electric Vehicle

Their positive impact on our planet is undeniable, with cleaner emissions leading to reduced pollution and a greener environment. In the fiscal year 2023 , the domestic electric vehicle (EV) industry witnessed remarkable growth, with retail sales surpassing 1,181,734 units.