The Truth About Cars

AUGUST 14, 2023

Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.

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Baua Electric

JANUARY 23, 2024

Automotive suppliers, too, have made hefty investments in the shift to electric, and now they are seeing their markets being hit due to slower uptake than expected and the fact that car sales are “historically low,” reports the FT. FTC: We use income earning auto affiliate links. Get started here.

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Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Green Car Reports

JULY 5, 2022

EV prices are soaring at a non-sustainable rate, one auto-industry executive warns. Tesla has raised prices multiple times this year, and the GMC Hummer EV got a $6,250 price bump last week. As noted by Autoblog, several automakers have raised prices on their electric models in recent months.

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Baua Electric

JANUARY 8, 2024

Tesla (TSLA) has reportedly grown its deliveries by 25% in the US last year to now hold a 4.2% market share of the US auto market. It wasn’t that long ago that many bigwigs in the auto industry didn’t see Tesla ever being more than a niche automaker. With that increase, Tesla now holds a 4.2%

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CleanTechnica EVs

NOVEMBER 3, 2021

By Charles Morris “Americans aren’t buying electric vehicles, they’re buying Teslas,” reads a recent CNBC headline, and it’s a fair assessment. In the US, Tesla’s share of the EV market looks like Bob Marley’s share of the Reggae market. Originally posted on EVANNEX.

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Teslarati

JUNE 9, 2023

General Motors’ (GM) support for Tesla’s North American Charging Standard (NACS) might be trouble for Electrify America. With two out of three of the United States’ top legacy automakers supporting Tesla’s NACS, Electrify America’s position in the EV charging space is precarious at best.

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Teslarati

JANUARY 31, 2024

Hyundai seeks to restore its market share in China with a new electric vehicle (EV) brand. a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. Tesla China accounted for 22.5% The South Korean automaker is working with BAIC on its goal.

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Teslarati

JANUARY 24, 2024

Tesla has undoubtedly become a mainstream carmaker, and the Model Y even became one of the world’s best-selling vehicles last year. Citing people reportedly familiar with the matter, Reuters recently claimed that Tesla has informed its suppliers that it is looking to start the production of its next-generation platform in mid-2025.

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The Truth About Cars

APRIL 5, 2024

It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. The car, which was projected to start in the mid-$20,000 range, would have helped Tesla compete against the increasingly fierce Chinese auto industry.

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Teslarati

APRIL 26, 2022

According to Kelley Blue Book’s (KKB) data , Tesla dominated the United States electric vehicle market in the first quarter. Tesla vehicle sales accounted for 75% of all EVs sold between January and March 2022. Tesla’s Model 3 and Model Y vehicles made up 68% of US EV market sales in Q1 2022.

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CleanTechnica EVs

MAY 26, 2022

Wall Street has faced major selloffs over the past few weeks, causing a continued downturn in the market.

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Teslarati

JUNE 5, 2023

Tesla Model Y is another step closer to becoming the world’s best-selling vehicle in any category after overtaking Toyota RAV4 sales in Australia. Tesla sold approximately 3,178 Model Y units in Australia. Only the Toyota Hi-Lux pickup truck and the Ford Ranger pickup sold more units than the Tesla Model Y.

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Teslarati

NOVEMBER 11, 2023

Elon Musk has responded after one person spotted some seemingly new vehicles being sold by Tesla on Cars.com this week. On Friday, the auto industry X account CarDealershipGuy posted that Tesla had “quietly started listing *new* vehicles” on Cars.com , noting that the automaker hadn’t before sold vehicles beyond its own website.

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Teslarati

MAY 17, 2023

The Tesla Roadster was originally teased a few years ago alongside the Tesla Semi. We expect to complete the engineering and design of the next-gen Tesla Roadster this year,” he replied. “We We expect to complete the engineering and design of the next-gen Tesla Roadster this year,” he replied. Tesla Roadster 2.0

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EV Obssesion

AUGUST 16, 2021

Tesla’s Model 3 triggered the Osborne effect in the auto industry and is causing the internal combustion engine (ICE) market to melt, The Driven shared and explained just how this happened. The post How Tesla’s Model 3 Is Melting ICE Markets appeared first on EV Obsession.

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CleanTechnica EVs

DECEMBER 18, 2021

This year was filled with challenges for the vast majority of the auto industry. Meanwhile, Tesla has battled on — as it always does. Will Elon Musk and Team Tesla […]. The pandemic continues, supply chain woes haven’t slowed down, and chip shortages are plaguing most automakers globally.

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Teslarati

FEBRUARY 7, 2023

The Tesla Model Y was the best-selling electric vehicle in Germany in January. Tesla has found astounding success in the German market. Recently, the German KBA, the agency which monitors vehicle registrations, found that Tesla sales had grown by more than 900% compared to January 2021. percent drop in market share.

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Teslarati

APRIL 14, 2023

Tesla has received a patent for an incredible new “personalization system,” which could make its vehicles more accessible and comfortable than ever before. There is no doubt that one of the most substantial strengths that Tesla has over its rivals is its software chops.

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Teslarati

SEPTEMBER 15, 2023

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event.

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Teslarati

MARCH 22, 2024

Meo stated that the center of the global automotive market has gravitated toward Asia. Buoyed by its huge domestic market (8.5 million electric vehicles sold in 2023, according to the Chinese Passenger Car Association, or 60% of the global total), it already had [a] market share of close to 4% in Europe in 2022.

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CleanTechnica EVs

APRIL 23, 2023

It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker.

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Green Car Congress

MARCH 24, 2020

Navigant ranks companies in this report on 10 criteria: vision; go-to market strategy; partners; production strategy; technology; sales, marketing, and distribution; product capability; product quality and reliability; product portfolio; and staying power. Automated Vehicle Compute Platforms Leaderboard. Intel-Mobileye. AImotive.

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CleanTechnica EVs

NOVEMBER 17, 2021

By Charles Morris As the legacy automakers increase their commitment to electric vehicles, just about all the auto industry analysts expect that Tesla’s currently dominating market share will erode. Originally posted on EVANNEX.

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Teslarati

JUNE 28, 2023

announced the availability of Tesla’s North American Charging Standard (NACS) connectors in new orders and currently installed CP6000, Express 250, and Express Plus customers. ChargePoint will add the Tesla NACS connector to its charging stalls alongside J1772 and Combined Charging System (CCS) solutions. market in 2025.

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Green Car Congress

APRIL 2, 2022

Therefore, automakers are committing operational investments of nearly US$600 billion to secure their position in the future automotive market, according to GlobalData, a leading data and analytics company. Automakers need to be tech-efficient to combat technology rivals invading the auto industry. —Bakar Sadik Agwan.

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EV Obssesion

MAY 23, 2021

Originally posted on EVANNEX by Charles Morris Tesla’s position as the world’s most valuable automaker is deeply puzzling (and infuriating) to many auto industry and stock market observers. The post Tesla’s Market Cap Points to an Electric Future appeared first on EV Obsession.

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Teslarati

APRIL 27, 2023

Ford has patented a new gullwing door design, which likely takes a little inspiration from the Tesla Model X. Besides Tesla’s evident impact on the auto industry switching to electric vehicles, its other significant contribution is to automotive design. Shoot me an email at william@teslarati.com.

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Teslarati

JULY 7, 2021

The German Federal Motor Vehicle Office (KBA) reported that Tesla sold a total of 4,466 vehicles last month. Tesla’s market share in the German auto industry grew to 1.6%. In June 2020, Tesla sold 841 vehicles. This meant that Tesla’s sales grew 431.0% year-over-year (YoY) for June.

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The Truth About Cars

JULY 14, 2023

We’ve been hearing for years that auto shows are a thing of the past and that the internet has killed the personal touches we all loved about the industry. But while it might be true that auto shows aren’t the extravaganzas they once were, it can also be true that there’s still life in the industry and a reason to attend.&

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Teslarati

MARCH 23, 2023

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. China’s lithium market reached just 260,000 yuan ($38,079) per ton today, less than half its price from November last year. But how could this affect Tesla pricing?

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Teslarati

MAY 25, 2023

Recent data from the UK that’s released by the Society of Motor Manufacturers and Traders (SMMT) indicates that electric vehicle maker Tesla saw a massive surge in new car registrations last month. Amidst this momentum, Tesla’s market shares in the UK has also grown. Don’t hesitate to contact us with news tips.

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Push EVs

JANUARY 7, 2023

share of the auto market, up fractionally from 24.4% Overall auto volumes for the month were flat year on year, but full year 2022 volumes were down almost 8% on 2021. In the hypothetical case where this rate sustains, BEVs would pass 50% share of the market by early 2027. a year ago.

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Teslarati

DECEMBER 1, 2021

Tesla China’s Global Vice President Grace Tao recently visited the China EV100 to discuss key issues about developing the auto market. Tesla’s delivery numbers have skyrocketed throughout 2021, undoubtedly with considerable help from Giga Shanghai. The company surpassed its 2020 guidance last quarter.

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CleanTechnica EVs

JULY 2, 2022

As inflationary pressure has hit raw materials over the past few months, the auto industry has struggled to keep investors and consumers both happy. Electric vehicle maker Tesla hasn’t been immune to the effects of inflation either, and how it’s faring against other automakers is still yet to be determined.

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CleanTechnica EVs

MAY 2, 2021

Right now, Tesla is at the vanguard of an all-electric future. On Wall Street, the company’s market value has outpaced its auto industry counterparts who specialize in internal combustion engine (ICE) technology. To that end, are Tesla’s competitors still investing in ICE development anymore?

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Baua Electric

JANUARY 31, 2024

Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year.

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