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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% November sales of plug-in hybrids passenger vehicles hit 7,333, up by 2.9% Sales of pure-electric vehicles and plug-in hybrids January-November 2020 were 139,246 and 69,390, respectively, down by 19.9% from a year earlier.

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Current issue of fka/Roland Berger E-mobility Index drops US to 4th place

Green Car Congress

While COVID-19 has had a negative impact on vehicle markets around the world, sales of electric vehicles (xEVs) have grown strongly, especially in Europe. Increased sales volumes in Europe are to a large extent due to the purchase incentives contained in stimulus packages. With European penetration rates of up to 20.5

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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

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The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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IHS Markit: global auto sales to drop 22% this year

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IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 The IHS Markit forecast for Greater China sales in 2020 sees volume at 21.4 market sales forecast is 12.5

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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

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Restocking demand from magnet manufacturing plants started to recover from mid-October because of limited rare earth feedstock inventories and a rise in magnet sales. Argus assessed the range for 99.99% terbium oxide at more than an eight-year high of CNY 6,170-6,220/kg ($945-953/kg) ex-works on 1 Dec, up by 28% from mid-October.

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China Car Sales Likely Hit New Record in April

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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). Official figures for vehicle production and sales are scheduled for release next Monday. People’s Daily.

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Dow to produce advantaged materials for energy storage; initial focus on automotive

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The Dow Chemical Company is organizing a new business that will manufacture advantaged battery materials for the energy storage industry. The combination of unmet technical needs, stimulus for rapid growth in vehicle electrification, and geographic shift creates unique opportunities for Dow. Dow anticipates sales to begin in 2012.