Green Car Congress

MARCH 21, 2019

There are several reasons for these differences, including fuel prices, and average vehicle size. China saw new registrations of LDVs increase 17% per year in the period 2005 to 2017 while India saw an increase of 9% and Indonesia 7%. SUVs now represent nearly 40% of the global LDV market.

Global 308

Global Fuel Economy Diesel SUV 308

Baua Electric

FEBRUARY 1, 2024

Interestingly, BYD’s all-electric vehicles are beginning to outpace its plug-in hybrids (PHEVs). BYD’s PHEV sales were up 21% to 95,715 last month. ’” Although BYD is known for its low-cost EVs like the Dolphin electric hatch and Atto 3 SUV, the brand is rapidly expanding into new segments and markets.

BYD 52

BYD Sale PHEV Indonesia 52

Baua Electric

MAY 7, 2024

As the market matures, the industry is entering a phase marked by increased price competition and consolidation. At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund.

Costa Rica 52

Costa Rica Cars Brazil Thailand 52