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Nissan Is Bleeding Market Share And Dealer Profitability

The Truth About Cars

The problem is multipronged: a glaring lack of hybrid options and too many dealerships competing for a piece of Nissan's rapidly shrinking market share across the country. According to dealership personnel, Nissan dealers are selling half the volume compared to competing Honda, Toyota, Subaru, and Hyundai stores. down from 7.7%

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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

Green Car Congress

379,125 PHEV (36% ). 63,141 PHEV (25.2%). California’s EV adoption rate exceeds the global trends according to the International Energy Agency showing that the global EV market share jumped from 4.11% in 2020 to 8.57% in 2021. Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). 11,956 FCEV (1.1%).

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Honda partners with CATL on Li-ion EV batteries; 56 GWh by 2027

Green Car Congress

CATL ) signed a cooperation agreement with Honda Motor in Tokyo to cooperate formally to develop electric vehicles for the future market. Under the agreement, CATL will become Honda’s partner in the field of lithium-ion EV batteries. CATL will guarantee the supply to Honda of about 56 GWh of lithium-ion EV batteries before 2027.

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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.

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Honda Clarity Fuel Cell sedan makes N. American debut at LA Auto Show; available in California late 2016; PHEV in 2018

Green Car Congress

The Honda Clarity Fuel Cell sedan ( earlier post ) made its North American debut at the 2015 Los Angeles Auto Show as Honda announced additional details for the vehicle’s entry into the US market. Hydrogen fuel cell vehicles are a zero emissions technology that Honda believes in, and has worked to advance for more than 20 years.

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Hybrids take 7% of California market in 1H 2013; PHEVs 0.7%; EVs 1.1%

Green Car Congress

Hybrid, plug-in hybrid, and battery electric vehicle share of the California retail market. Hybrid vehicle market share (excluding plug-in hybrids) in California increased to 7% in the first half of 2013, up from 6.2% Plug-in hybrid market share was an estimated 0.7%, while battery electric vehicle market share hit 1.1%.

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BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Baua Electric

China’s leading EV maker, BYD , sold more vehicles than Honda and Nissan for the first time in the second quarter. With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. The growth was enough to overtake Japan’s Honda and Nissan for the first time to become the seventh-largest automaker globally.