Remove China Remove Purchase Remove Sale Remove Stimulus
article thumbnail

BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

November sales of plug-in hybrids passenger vehicles hit 7,333, up by 2.9% Sales of pure-electric vehicles and plug-in hybrids January-November 2020 were 139,246 and 69,390, respectively, down by 19.9% China’s NEV industry was hit by the Covid-19 outbreak in this year’s first quarter. from October and by 127.8% on the year.

BYD 294
article thumbnail

Current issue of fka/Roland Berger E-mobility Index drops US to 4th place

Green Car Congress

The index—now in its tenth year—facilitates a comparison of competitive positions of the relevant automotive nations (the US, Germany, China, France, Italy, Japan and South Korea) in the field of e-mobility, based on an objective assessment of those countries in three key areas: technology, market and industry.

article thumbnail

China Car Sales Likely Hit New Record in April

Green Car Congress

Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). Official figures for vehicle production and sales are scheduled for release next Monday. People’s Daily.

article thumbnail

China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 Sales of China’s domestically-made automobiles totaled 1.09 People’s Daily.

China 218
article thumbnail

Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

Green Car Congress

Restocking demand from magnet manufacturing plants started to recover from mid-October because of limited rare earth feedstock inventories and a rise in magnet sales. Argus assessed the range for 99.99% terbium oxide at more than an eight-year high of CNY 6,170-6,220/kg ($945-953/kg) ex-works on 1 Dec, up by 28% from mid-October.

Price 170
article thumbnail

Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

In a new report, “ Electric Drive Buses ”, Pike finds that China market will constitute the majority of global electric drive bus sales, while some of the more developed markets will see fluctuations in electric bus uptake. would purchase 500 battery electric buses. Europe is behind on hybrid bus deployments, although stimulus.

2018 276
article thumbnail

This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

As a result, a huge drop in sales in the automotive sector was reported worldwide. The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. Despite this general situation of the automotive industry, the EV sales have been stable and were even pretty good during the tough times.

Market 52