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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

This is in part due to the collapse of the Italian and French markets, on which small cars are heavily reliant for sales—in 2019, 38% of A and B segment registrations in Europe occurred in Italy and France. However, before they could look to buy, COVID-19 struck the industry and disabled purchasing power.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

As a comparison , in 2011, there were only two battery electric and 29 hybrid electric vehicle models offered for sale in the US. Yet for now some manufacturers, like BMW , Jaguar Land Rover , and Stellantis have held out against introducing an EV-specific drivetrain architecture, although each has plans to do so in a few years.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

More from Fortune No party for Citis owners: You and me Is it time to buy American Express? Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania.

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