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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. per cent while PHEVs grew by 8.9

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Italy looks to sink $1 billion into boosting electric cars

Baua Electric

Bloomberg reports that the Italian industry ministry is weighing a plan to sink €930 million ($1 billion) into some enticing financial incentives to nudge drivers toward electric cars. But petrol cars take the lead, gaining more than 29% market share, according to Electromaps. for PHEVs, during that same time.

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JATO Dynamics: 2016 will be record year for plug-ins with global sales in excess of 700K units; China to begin dominating the market

Green Car Congress

LMC Automotive also estimates that the biggest winners will be PHEVs, with sales jumping 195% from 2016 to 2019 before reaching 3.3 As a result PHEVs will represent around 60% of combined global sales for PHEVs, BEVs and EREVs. million units annually by 2025. million nine years later. million nine years later.

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[Press Release] The compelling case for EV incentives

Drive Electric

We are working with industry right now on solutions to EV incentives and look forward to discussing these with the Government.” The reduced rates of EV uptake will increase non-emissions economic costs to the economy (mainly petrol and diesel) by at least $900m. This is essential work. MtCO2e out to 2030. ● MtCO2e out to 2030.

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‘We have not exited any powertrain as a strategy’: Santosh Iyer | Autocar Professional

Baua Electric

It is not the market that is at fault; the industry expected the adoption to be faster, but factors like insufficient charging infrastructure, and lack of consumer awareness about the technology itself, are the key reasons for the slower adoption of EVs. We would rather let the customers and market forces decide the EV adoption curve.

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June 2023 – Tesla Model Y was the best selling car in Sweden

Push EVs

plugin hybrids (PHEVs). We can see that BEVs have grown well whilst PHEVs have slightly declined. Regarding volumes, BEVs grew by 33% YoY to 10,956 units, while PHEV declined by 5% to 5,798 units. June’s result saw EVs take 59.2% combined share, which comprised 38.7% full electrics (BEVs), and 20.5% a year ago.

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UK sells its millionth electric car, fleet market drives BEV demand | Autocar Professional

Baua Electric

Plug-in hybrids (PHEVs) recorded volume growth of 31.1% Ahead of the UK’s Budget next month, industry is calling for government to support consumers by temporarily halving VAT on new BEV purchases. Some 20,935 BEVs were registered in January, a rise of 21.0% to take 8.4% of the market, while hybrid (HEV) volumes fell -1.2%

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