CleanTechnica EVs

OCTOBER 18, 2021

Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.

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Green Car Congress

DECEMBER 15, 2022

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

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Teslarati

NOVEMBER 23, 2023

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales.

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CleanTechnica EVs

DECEMBER 17, 2023

The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.

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CleanTechnica EVs

MAY 4, 2024

One of the hottest topics of the year in the auto industry has been hype about EV sales drooping, or at least not living up to expectations. Well, a little bit, but digging deeper, we can see that the EV market is. How much substance is actually in that hype?

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CleanTechnica EVs

FEBRUARY 14, 2024

We recently produced several exclusive reports on US electric vehicle sales and overall US auto industry sales trends. continued] The post US EV Sales Up 385% Since 2019, Normal “ICE” Vehicle Sales Down 14% appeared first on CleanTechnica.

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. compared with sales of 3.79

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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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Teslarati

MARCH 4, 2024

Data from the China Passenger Car Association (CPCA) has revealed that Tesla China’s sales of Giga Shanghai-made vehicles declined in February 2024. Nio saw a 33.11% year-over-year and a 19.12% month-over-month decline, and Xpeng saw a 24.38% year-over-year and 44.91% month-over-month decrease in sales, as per a report from CNEV Post.

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CleanTechnica EVs

FEBRUARY 26, 2023

The US auto industry is truly on the rebound. In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] But was it just a lucky little blip?

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Baua Electric

MAY 16, 2024

MAHLE announced the sale of the thermostat product range to ADMETOS in August 2023. New Delhi: MAHLE has finalized the sale of its OEM thermostat business as of May 2, 2024. The sale transfers the thermostat segment to the industrial and investment holding firm ADMETOS , which will operate the business under the name BTT Solutions.

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The Truth About Cars

APRIL 3, 2024

It’s become a fool’s errand to blithely quote gain/loss percentages in terms of car sales in America, given the wild supply chain swings and other market forces over the last few years. Overall sales across The General’s quartet of brands were off by 1.5 million sales. compatible floppy disk, we’ll update this post.

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Teslarati

NOVEMBER 29, 2023

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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Green Car Congress

NOVEMBER 2, 2022

Farizon Auto, the new energy commercial vehicle brand from Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Geely Holding) raised more than US$300 million in its first external financing round. Farizon Auto’s new energy semi, the Homtruck, is planned for delivery in early 2024. Earlier post.). Earlier post.).

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Baua Electric

MAY 15, 2024

German Tier-1 giant Mahle, which specialises in powertrain, mechatronics, and electronics components among others, has finalised the sale of its automotive thermal management – thermostat business – to a German industrial and investment holding firm Admetos.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Baua Electric

MAY 1, 2024

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.

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Baua Electric

JANUARY 16, 2024

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Hertz, the largest U.S. The value of used EVs has dropped 33.7%

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Baua Electric

MAY 24, 2024

The used car industry is generally three to five years behind the trends in the new car market. New Delhi: The Indian used car market is poised for continued expansion, fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles.

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Baua Electric

MAY 15, 2024

in SKIET, whose market value stood at 4.09 in SKIET, whose market value stood at 4.09 Updated On May 16, 2024 at 11:35 AM IST --> Published On May 16, 2024 at 11:32 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. trillion won (USD 3.01

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Electrek

NOVEMBER 30, 2023

Despite predictions of a major slump in automatic sales around the globe, the European auto industry predicts that this will spark a huge uptick in EV sales in the EU – and that’s thanks to a flood of new, cheap models hitting the market.

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CN EV Post

APRIL 3, 2023

(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75

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Setec Powerr

NOVEMBER 8, 2023

The electric vehicle (EV) market has reached a significant milestone, with global plugin vehicle registrations soaring by 23% in September 2023 compared to the same month last year. This surge has resulted in an unprecedented 1,291,000 units sold, setting a new record in the industry.

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CleanTechnica EVs

OCTOBER 12, 2022

US auto sales were up 1% in the 3rd quarter of 2022 compared to the 3rd quarter of 2021, but they were down 13% compared to the 3rd quarter of 2020 and down 21% compared to the 3rd quarter of 2019, which we use as a bit of a control year since it was before […].

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Teslarati

MARCH 22, 2024

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Meo stated that the center of the global automotive market has gravitated toward Asia. Buoyed by its huge domestic market (8.5

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Electric Cars Report

SEPTEMBER 1, 2023

European new car sales jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from pandemic-related supply chain issues, according to data from the European Automobile Manufacturers Association (ACEA).

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CN EV Post

APRIL 6, 2023

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 Of those, 20.5

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Teslarati

APRIL 17, 2024

Stellantis-Leapmotor C16 SUV details were leaked after the companies filed for a sales license with China’s Ministry of Industry and Information Technology (MIIT). The upcoming SUV is expected to enter the global market after launching in China. Chinese EVs have been dominating the global market with their low prices.

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Baua Electric

JANUARY 25, 2024

European chipmaker STMicroelectronics on Thursday forecast a more than 15% drop in first-quarter revenue, well below market expectations, due to softer automotive demand and a further decline in orders from the industrial sector. Orders from the automotive industry have been helping chipmakers offset the impact of U.S.-China

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Baua Electric

MARCH 11, 2024

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

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Baua Electric

APRIL 25, 2024

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. The company said it is well-placed with Chinese carmakers, accounting for 14% of its first-quarter sales, both for the Chinese market and for export.

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Baua Electric

MARCH 9, 2024

Demand for alternate fuels from vehicle buyers is growing and along with the transition to electric mobility, the CNG vehicle industry is currently witnessing strong double-digit growth. With this, CNG PV sales have raced past FY2023’s record sales of 327,820 units. Piaggio Vehicles, the No.

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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

MAY 9, 2024

Kia India will expand Kia Krystal’s ambit to include a new process for welcome calls, aimed at onboarding new customers post-sales and keeping them informed about ownership programs and offerings. New Delhi: Kia India Friday launched Kia Krystal , an innovative digitized aftersales initiative.

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The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. At this time, our Toronto-area dealers have agreed to fund all display and activation costs pertaining to the Toronto auto show.”

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Baua Electric

FEBRUARY 5, 2024

Ahead of next month’s budget, the industry body called for Britain to support consumers by temporarily halving VAT on new BEV purchases. Overall new car sales in January rose 8.2% to 147,876 units, the best since 2020, buoyed by strong demand in the fleet market, The Society of Motor Manufacturers and Traders ( SMMT ) said.

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