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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. Most prominently, Recurrent believes Tesla owners are holding onto their vehicles for longer than ever, which can be seen in the decreased number of used Teslas for sale.

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. BYD’s PHEV sales were up 21% to 95,715 last month.

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In-Wheel Electric Drive Company Names EV Industry Veteran Bob Purcell Chairman and CEO

Green Car Congress

Purcell, best known for his leadership at the General Motors Corporation with the GM EV-1, moves into this role after serving as a board director and strategic advisor to the company. My goal is for Protean to set the new industry standard for electric drive systems in partnership with industry-leading vehicle manufacturers and suppliers.

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BYD Shatters Records: January 2024 Sales Surge 48% as Global Expansion Accelerates

My Electric Car

BYD, the Chinese electric vehicle (EV) manufacturer, experienced a significant increase in EV sales in January, with sales growing nearly 50% compared to the same month last year. This growth is part of a continuing momentum for BYD, following a year where the company sold nearly 1.6

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Hitachi Combines Hitachi Maxell and Hitachi Vehicle Energy, Ltd. in New In-House Company Focused on Industrial Li-ion Batteries

Green Car Congress

has established a new in-house company—the Battery Systems Company—to strengthen its battery business with a focus on the steadily growing lithium-ion battery market. The Battery Systems Company comprises two existing Hitachi companies: Hitachi Maxell, Ltd. Tags: Batteries. Hitachi, Ltd. Hitachi Vehicle Energy Ltd.

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ADM Adds Renewable Isosorbide to its Industrial Chemical Product Line; Potential Alternative to BPA in Plastics

Green Car Congress

Archer Daniels Midland Company has begun offering isosorbide under its line of Evolution Chemicals. Isosorbide is an industrial ingredient made from corn that is a potential alternative to the petroleum-based chemical Bisphenol A in plastics and other applications. Tags: Brief.

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DSM Introduces Bio-based Performance Materials for Automotive Industry

Green Car Congress

a global Life Sciences and Materials Sciences company headquartered in the Netherlands, introduced two bio-based performance materials for the automotive industry. Industry testing has proven that DSM has been able to achieve this high renewable content without making any sacrifice to product performance or production speeds.