Remove Future Remove Market Remove Purchase Remove Sale
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. Registrations fell in all 27 markets, but with varying severity. million units.

Europe 261
article thumbnail

Tesla Looks to Boost Model Y Sales with Threats of Nearing Price Increases

The Truth About Cars

The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. That has led the company to offer various promotions and discounts in the past, either through price cuts or the offer of free charging with a vehicle purchase.

Price 108
article thumbnail

Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

These core business aims include: Accelerating electrification and achieving annual sales of 1.2 Becoming the number one brand in the global purpose-built vehicle (PBV) market by 2030. Starting with an annual global sales goal of 3.15 The company will make the sales of these vehicles the focus of future business growth.

Kia 368
article thumbnail

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
article thumbnail

Lotus Posts $750 Million Loss for 2023 While Also Setting Sales Record

The Truth About Cars

However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. The real question is whether or not sales are sustainable beyond that.

Sale 103
article thumbnail

California ARB 2013 research project to characterize ZEV market; assessing future market potential

Green Car Congress

The California Air Resources Board (ARB) 2013 research plan includes a project that will comprehensively characterize the Zero Emission Vehicle (ZEV) market, with the ultimate goal of increasing consumer purchases of ZEVs. The proposed project will investigate the factors that influence sales of ZEVs in California (e.g.,

2013 236
article thumbnail

IDTechEx: Market value for hybrid electric vehicles to peak at $792 billion in 2027

Green Car Congress

In a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—IDTechEx forecasts that market value for hybrid electric vehicles will peak at $792 billion in 2027. The European car market is expected to see a significant drop in sales for 2020 due to COVID-19 related shutdowns.

Market 243