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BYD NEV sales up 262.9% YOY in October

Green Car Congress

In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. Most notably, the company invested more than 5.23

BYD 448
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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Companies 435
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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.

Honda 400
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Electric Vehicle sales peaked in Q4 2021, Tesla dominates market share with 72%: KBB

Teslarati

A new report from Kelley Blue Book indicates electric vehicle sales peaked in the United States in Q4 2021, accounting for 4.5 percent of all automobile sales in the final three months of the year. Tesla led all manufacturers in the EV segment with 72 percent of all EV sales for the year. million, it says.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97
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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.

BYD 283
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Primobius entering N American battery recycling market with Stelco

Green Car Congress

Primobius GmbH is a 50:50 joint venture company owned by Neometals Ltd., a steel manufacturing company headquartered in Hamilton, Ontario. a steel manufacturing company headquartered in Hamilton, Ontario. Primobius has now signed a memorandum of understanding (MoU) with Stelco Inc.,