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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

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

Green Car Congress

According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. of global sales, followed by Germany (4.8%) and the UK (4.1%).

Global 284
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BYD to build new $1.2B battery factory in China

Teslarati

Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China. BYD’s new battery production follows a string of announcements that BYD would be entering numerous global markets. BYD has seen rapid growth in its automotive business over the past two years.

BYD 97
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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. Globally, natural gas vehicles are a small fraction, on the order of 1%, of the close to 900 million vehicles in the vehicle parc.

MIT 299
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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

A plug-in hybrid electric vehicle (PHEV) contains both an electric powertrain and an internal combustion engine. . While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

A plug-in hybrid electric vehicle (PHEV) contains both an electric powertrain and an internal combustion engine. . While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure.