Remove tag EVs
Remove Manufacturer Remove Market Remove Purchase Remove Sale
article thumbnail

Northern Lights Energy signs LOI to purchase 1,000 AMP electric SUV conversions over 5 years

Green Car Congress

a company engaged in the emission-free electrification of OEM vehicles, has signed a letter of intent (LOI) with Northern Lights Energy ( NLE ) to support the introduction of all-electric SUVs into Iceland as part of a national electric vehicle (EV) project. The AMP Equinox features dual Remy motors applied in an AMP-manufactured drivetrain.

Iceland 231
article thumbnail

Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

& As things currently stand, the European Union has plotted banning the sale of new combustion-engine cars by 2030. Despite Europe having adopted battery electric vehicles far more quickly than North America, the market is still confronting a lot of the same problems. In 2022, the EU estimated that 21.6-percent

Porsche 114
article thumbnail

Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

Green Car Congress

Total PEV sales in Asia-Pacific. According to a new report from Pike Research, the various national-level initiatives and programs to promote the awareness of electric vehicles (EVs) in the Asia-Pacific region will help make the region the largest market worldwide for electrified vehicles, led by strong demand in China, Japan, and Korea.

Asia 236
article thumbnail

Smartphone builder Xiaomi’s first EV coming in Q2 and looks to capitalize on 20M current users

Baua Electric

Less than three years after establishing its own automotive arm to develop and build EVs, Chinese smartphone giant Xiaomi sits on the cusp of bringing its flagship model, the SU7, to market. That led to EVs, and by 2021, Xiaomi Automobile was incorporated in China.

Chery 52
article thumbnail

Tesla Model Y can cost well over $180K in Singapore – but it’s still selling well

Teslarati

But despite its steep price tag, the all-electric crossover seems to be well on its way toward becoming one of the world’s best-selling cars, just as CEO Elon Musk predicted. One would think that the vehicle would probably not sell as much in such a market, but one would be surprised.

article thumbnail

J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Breakdown of Global HEV and BEV Sales by 2020.

2020 250
article thumbnail

Lucid introduces new $7,500 discount as EV price war heats up

Teslarati

Many manufacturers quickly responded with price cuts of their own , including Lucid, who cut Air leases by $7,500. This time, the limited-time $7,500 discount applies to purchasing Lucid Air Touring and Grand Touring variants. Hopefully, this year will be far more fruitful for the luxury EV maker and the EV market overall.

Price 92