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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units.

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Kia’s global sales in February down 4.6% at 242,656 units | Autocar Professional

Baua Electric

Kia Corporation today announced total global sales of 242,656 units in February 2024, a 4.6 Outside of Korea, Kia sold 198,348 units, down 2.8 SUV models led the company’s sales in February, with the Sportage selling 47,643 units globally. The post Kia’s global sales in February down 4.6%

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

Global 397
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EVs new sales increased by 26% in global automotive market

Electric Vehicles India

EVs new sales increased by 26% in global automotive market. Electric vehicles sales are rapidly growing day by day, in the first half of 2021 the sales have increased by 26% with 2.6 million units representing 26% of new sales in the global automotive market. EVs sales double in Korea .

Global 59
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2019 Kia Niro EV crossover utility makes North American debut at LA Auto Show

Green Car Congress

The 2019 Kia Niro EV made its North American debut at the LA Auto Show. Kia Motors Corporation sources EV, HEV, and PHEV batteries from multiple global suppliers. Globally, battery manufacturers, including Kia suppliers LG Chem and SK innovation, source battery elements, including cobalt, from a variety of regions.

Kia 259
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Hyundai, Kia sales fall short of target in 2023, expect to make up in 2024

Baua Electric

Kia, its partner in global markets, also clocked 2.55 lakh unit sales in India during this period. --> Hyundai sold 6.02 Kia, its partner in global markets, also clocked 2.55 … Hyundai sold 6.02 Kia, its partner in global markets, also clocked 2.55 lakh unit sales in India during this period. The duo sold 7.3

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Europe will miss 2030 chip market goal, says ASML CEO – ET Auto

Baua Electric

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. ASML equipment sales to China hit 6.3 “If you want to get to 20%, you just have to calculate how much you need to build here.”

Europe 52