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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

However, details by powertrain highlights that only pure electric cars (BEV) and plug-in hybrids (PHEV) drove this growth, as hybrids posted a decline of 11%. Demand in Latin America fell by 30% to 318,000 units, following restrictions in Argentina, Colombia, Chile, Peru, and more recently Brazil and Mexico.

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Decoding The Complex Supply Chain In The Electric Vehicle Industry

Get Electric Vehicle

Panasonic Panasonic, a Japanese company, is a leading supplier of automotive batteries for electric vehicles. They have partnered with Tesla to produce lithium-ion batteries for Tesla’s electric cars. BYD BYD (Build Your Dreams), based in China, is a leading manufacturer of electric vehicles and batteries.