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Porsche warns supply chain issues are affecting EV production

Teslarati

Porsche AG has warned that supply chain issues were causing disruptions in its electric vehicle production. Despite this, the carmaker remained optimistic about its BEV sales target since luxury demand has proven resilient, but the issues could point to slower growth in China and Europe. Porsche’s deliveries also showed a 14.7%

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Ferrari, with first electric supercar coming in 2025, warns rivals over Chinese EVs

Baua Electric

Although its first fully electric supercar is not due out until next year, Ferrari is warning rivals about incoming Chinese EVs. Ferrari warns rivals with Chinese EVs surging “For me, this is a call to action for Europe,” Benedetto Vigna, Ferrari’s CEO, said in an interview with BloombergTV.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. Tesla’s tally is obviously the key to the 385.4

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Comment on Porsche Macan EV powered by CATL batteries, report says by Michael Smitka

CN EV Post

With about 513,000 sales a year – and falling – that's only about 20,000 total pickups in the markets that account for half of Tesla's current sales. The total Chinese pickup market is smaller than the number of F-150s Ford sells each year. Furthermore, pickups are work trucks.

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Tesla analyst states Giga Shanghai production cut is “NOT” about Chinese competition

Teslarati

However, he also stated that if Tesla does cut Giga Shanghai production, it would “NOT” be due to competition from other Chinese EV automakers. The Philippines, for one, has already started selling the Porsche Taycan and BMW iX. So Tesla might decide to export Giga Shanghai’s vehicles to other markets.

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New Chinese EV caught testing in Australia ahead of 2023 launch

EV Central

It’s one of two examples of the Chinese compact five-door hatch that are currently in Australia being evaluated ahead of the brand’s launch under the GWM Ora banner around April 2023. This car’s styling has been likened to a shrunken Porsche Panamera. Here’s a good way to celebrate World EV Day! 2023 GWM Tank 500 PHEV.

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Electric car and SUV sales jump 90% to 90,000 units in FY2024 | Autocar Professional

Baua Electric

In tandem with the handsome growth of the e-two-wheeler and e-three-wheeler segment, the electric passenger vehicle segment, which comprises cars, SUV and MPVs, has also registered record retail sales. The Ioniq 5 accounts for the bulk of the sales, which have given Hyundai a 2% market share.

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