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Veloz: California EV market continues strong growth; Q1 strongest quarter to date; 16.32% market share

Green Car Congress

California’s EV market continues to grow, according to data gathered by Veloz , a non-profit which tracks and reports on growing electric vehicle (EV) sales data in California, market trends, and infrastructure build-out. The market share of electric vehicles in California jumped from roughly 12% to 16.32% in the quarter.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. During 2022, over 393 deals related to hydrogen were closed, representing a significant increase compared to 277 deals registered in 2021.

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IDTechEx forecasts second-life EV battery market to reach US$7B by 2033

Green Car Congress

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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Cummins and Versatile partner to bring 15L hydrogen engines to ag market

Green Car Congress

Cummins and Canada-based Buhler Industries , a leading tractor manufacturer under the Versatile brand, signed a letter of intent for plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market. —Adam Reid, Versatile’s Vice-President of Sales and Marketing.

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IDTechEx: EV market doubles down on permanent magnets despite material costs

Green Car Congress

While some automakers have alternative motor technologies that don’t rely on rare earths, the market has not shifted in this direction significantly. To date, the three main categories used in the electric car market are permanent magnet motors, induction motors, and wound rotor motors. At peak 2022, neodymium price was 3.8x

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Volkswagen releases design sketch for ID.AERO fully-electric sedan; Chinese market first

Green Car Congress

AERO concept vehicle, a fully-electric limousine planned for the Chinese automobile market. AERO concept is expected to go on sale in the Chinese automobile market in the second half of 2023. The corresponding production model for the North American and European market will be presented in 2023.

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BMW introduces electric 3 Series for Chinese market

Green Car Congress

The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. The BMW i3 eDrive35L will be assembled exclusively for the Chinese market at the BMW Brilliance Automotive Ltd. plant in Lydia, Shenyang.

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BYD enters Japanese market with 3 EV models

Green Car Congress

BYD Japan, the Japanese branch of China-based BYD, marked its official entry into the passenger vehicle market in Japan with the Japanese debut of three BYD models: BYD ATTO 3, BYD Dolphin, and BYD Seal. Today, with the support and expectation of consumers, BYD officially hits the new energy passenger vehicle market in Japan.

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Tesla took 11% of 2022 California market—only EVs, no pickups

Green Car Reports

of the 2022 California new-car market, making it the second-highest-selling brand in the state with a lineup of only EVs, according to a report from the California New Car Dealers Association (CNCDA). of the market. Tesla had 11.2% The 2022 results put Tesla behind Toyota's 17.3% and ahead of Ford, which took 8.4%

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The SUV market is fueling global oil demand, clouding CO2 targets

Green Car Reports

A strong SUV market is leading to higher oil demand today, and may make future carbon dioxide (CO2) emissions targets harder to achieve, according to the International Energy Agency (IEA). New IEA analysis found that global CO2 emissions from SUVs reached nearly 1.1 billion tons in 2022, overshadowing increased sales from electric cars.

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BEVs Outsell Hybrids In Australian EV Market In February

CleanTechnica EVs

Battery electric vehicles (BEVs) hit almost 7% of the Australian light vehicle market in February. That is over double the total from February 2022 and a slight increase from January 2023. If we add the 454 plugin hybrids (PHEVs) sold in February, the penetration rate of plugin vehicles rises to 7.2%. Tesla continues to dominate […]

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Electric Vehicles Proliferate in New Zealand Market

CleanTechnica EVs

Most of these vehicles have already been released in the UK right-hand-drive market. With over a dozen new models being released in New Zealand this year, it looks like the NZ electric vehicle buyer will be spoilt for choice. But for those of you who wish to taste a great summary, have a look. The […]

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China Electric Car Market — 29% Market Share In April!

CleanTechnica EVs

BYD achieves record month in Covid-disrupted market Plugin vehicles continue to be all the rage in the Chinese auto market. Despite the overall market being completely disrupted by Covid lockdowns (-43% year over year), plugins scored over 260,000 registrations in April, up 61% year over year (YoY).

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The Rise & Rise Of The Chinese EV Market — 17% Market Share In January

CleanTechnica EVs

The market dropped by 8% YoY, to some 343,000 passenger new energy vehicle […] After the December sales peak, a covid surge, the end of EV subsidies on January 1st, and the Lunar New Year celebrations (this time happening in January), one would expect a sales hangover in January, and this time … it did happen.

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Tesla hits the bullseye with new marketing video from Europe

Teslarati

Tesla Europe’s recent marketing ad is one such post, and it hits the mark perfectly. Similar to other Tesla marketing videos, the recently-shared clip was quite short, lasting only 43 seconds long. The post Tesla hits the bullseye with new marketing video from Europe appeared first on TESLARATI.

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France’s EVs Take Record Quarter Share Of Market

CleanTechnica EVs

share of the auto market, up fractionally from 24.4% December saw France’s plugin electric vehicles grow to take 25.0% a year ago. Full electrics grew at a decent rate, but plugin hybrids fell. Overall auto volumes for the month were flat year on year, but full year 2022 volumes were down almost 8% on 2021. […].

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China Electric Car Market — 31% Market Share In May!

CleanTechnica EVs

BYD achieves another record month Plugin vehicles continue to be all the rage in the Chinese auto market. With the end of the covid lockdowns, plugins went back to the fast lane, growing 109% year over year (YoY). They scored over 403,000 registrations in May, with plugin hybrids (PHEVs) surging 187% year over year (YoY) […].

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Audi EV market competitiveness potentially dampened by lack of price cut

Teslarati

Audi, much like many other premium German brands, has faced dramatically increased competition following the entrance of Tesla into its luxury-high-performance market. As the EV market, particularly in Europe, has grown in popularity and competitiveness, Audi is finally feeling the results of its higher-priced vehicles compared to the market.

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Italy’s BEV Market Down 26.6% In 2022 — Will Tesla Come To The Rescue?

CleanTechnica EVs

Europe’s fourth largest market struggled to keep up with the rest of Europe’s major auto markets. While EVs made important gains in market share throughout the continent, Italian sales of plug-in vehicles suffered an unanticipated setback. Originally published on opportunity:energy. It could have been […]

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EVs Take 55% Of The German Auto Market In December!

CleanTechnica EVs

The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. Plugins took 55.4% of the month’s passenger auto sales, with full electrics taking a third (33.2%), and plugin hybrids taking over a fifth (22.2%).

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Tesla’s record performance in California helps push EV market share to 17%

Electrek

California released its 2022 vehicle data and confirmed that Tesla is dominating the market, leading to a new record 17% market share for electric vehicles. more… The post Tesla’s record performance in California helps push EV market share to 17% appeared first on Electrek.

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Tesla helps boost EV market share in California’s crashing auto market

Electrek

Tesla is showing some strong resilience in California’s crashing car market and is helping boost EV market share to a new record. The post Tesla helps boost EV market share in California’s crashing auto market appeared first on Electrek.

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A Cold December For EVs In Italy — Amidst Car Market Rebound

CleanTechnica EVs

Italy’s EV market ended a weak 2022 with a December in line with the unimpressive figures posted in previous months. While the overall car market showed good signs of recovery, plugins yet again stalled in what is a reverse trend not followed by any other major European nation. Originally published on opportunity:energy.

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CATL dominates global EV battery market for sixth straight year

Electrek

That’s now six years in a row that CATL leads the global EV battery market and based on 2022’s numbers, is showing no signs of slowing down. more… The post CATL dominates global EV battery market for sixth straight year appeared first on Electrek.

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Costa Rica Reached Highest EV Market Share In Americas In 2022

CleanTechnica EVs

Costa Rica retained its leadership position within the Latin American region in 2022 with a record market share of 7.3% As illustrated in the chart above, the BEV¹ uptake in Costa Rica also exceeded the market shares achieved in Canada (6.1%) […]

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Tesla’s Share Of Auto Market Is Now ~2%

CleanTechnica EVs

I recently published an article about how Tesla’s share of the electric vehicle (BEV) market has shifted over the past two years. Despite the fact that Tesla’s deliveries grew 180% from Q2 2020 to Q2 2022, the company’s share of the BEV market dropped from 25.1% in Q2 2020 to 15.6% in Q2 2022 (combining […].

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2022 Indian EV Market Share — Start Of The S Curve Evolution

CleanTechnica EVs

2022 has been an exciting year for the Indian EV market. Hence it makes sense to take stock of things on where we are and what the road ahead looks like. By Lakshmisha K S All the data here has been sourced by the Indian central (federal) dashboard (Vahan portal). The portal aggregates data from […]

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Ford releases fully electric, sub $50k Explorer SUV…in the wrong market

Electrek

more… The post Ford releases fully electric, sub $50k Explorer SUV…in the wrong market appeared first on Electrek. The fully electric Explorer, built on Volkswagen’s MEB platform, is expected to start at less than $50,000 (€45,000).

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Tesla (TSLA) still dominates US electric car market with 68% market share

Electrek

Tesla is still dominating the US electric car market, now with a 68% market share. This share is going down as more EVs hit the market. The post Tesla (TSLA) still dominates US electric car market with 68% market share appeared first on Electrek.

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China's transition to new emission standard: How will this affect auto market?

CN EV Post

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. For the VIA, a value below 50 percent is a reasonable range, and a higher reading means lower market demand and greater inventory pressure, according to the index's description.

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BYD enters UK passenger car market, starts selling Atto 3

CN EV Post

The post BYD enters UK passenger car market, starts selling Atto 3 appeared first on CnEVPost. The BYD Atto 3 will start at £36,490 ($43,230) in the UK and deliveries there will begin on March 15. For more articles, please visit CnEVPost.

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Tesla (TSLA) continues discounts in several markets as inventory piles up

Electrek

Tesla is continuing its discounts on its electric vehicles in several markets as inventory has piled up, which is abnormal for the automaker this early in the year. The post Tesla (TSLA) continues discounts in several markets as inventory piles up appeared first on Electrek.

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Tesla still owns US EV market but is losing market share, shows new data

Electrek

S&P Global Mobility released new EV sale data that shows Tesla still owns the US EV market, but it is losing market share. But when you had close to 100% of the market, there’s only one way to go, and that’s down. The post Tesla still owns US EV market but is losing market share, shows new data appeared first on Electrek.

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Global EV battery market share in 2022: CATL 37%, BYD 13.6%

CN EV Post

Chinese companies, including CATL and BYD, saw explosive growth in the power battery market, while South Korean and Japanese manufacturers were not performing as brightly. The post Global EV battery market share in 2022: CATL 37%, BYD 13.6% appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Gotion reaches deal with Edison Power to tap Japan's energy storage market

CN EV Post

(Image credit: Gotion High-tech) Chinese battery giant Gotion High-tech and Japan's Edison Power Co Ltd have reached a strategic cooperation agreement to jointly tap the energy storage market in Japan. percent share in January , according to a report released earlier this month by South Korean market research firm SNE Research.

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European Charging Market to Replace Petrol Station Market in Next Decade

CleanTechnica EVs

The charging markets in Europe and the USA have many similarities, but also many differences. That is why this article is partly a copy of the previous article I wrote about the charging market in the USA. And the European transition to electric driving is a few years ahead of the USA. It is unbelievable […].

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Tesla Dominating U.S. Luxury Vehicle Market — Top Seller

CleanTechnica EVs

auto market, outpacing typical leaders BMW and Mercedes-Benz by a wide margin. Tesla remains the leader in the luxury sector of the U.S. Although Tesla doesn’t reveal its specific sales numbers, current estimates hold that the automaker outsold its next competitor in luxury vehicles by over 100,000 units — also a major win for the U.S.

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Plugin EVs Take Record 75% Share Of Sweden’s Auto Market

CleanTechnica EVs

Sweden’s auto market saw plugin electric vehicle share continue to grow strongly in December, reaching a record 74.6%, up from 60.7% share of the market. year on year. Full electrics alone took a record 51.3% Overall auto volume for the month was up 28% year on year, but still 18% down from December 2019. Full […].

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Electric motorcycle manufacturer Energica expands to new markets

Teslarati

Energica Motors is a leader in the electric motorcycle market. Specifically, Energica will expand to two massive markets; Australia and Japan. As pointed out by the Italian brand, Australia and Japan are vital markets for Energica to enter to grow its overall market share. “ Japan is a key market for us.

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The Rise & Rise of the Chinese EV Market — 17% Market Share in January

CleanTechnica EVs

After the December sales peak, one would expect a sales hangover in January, only … it didn’t happened, as the market had some 372,000 passenger new energy vehicle registrations, an impressive 115% jump year over year (YoY)! As a consequence of this, the plugin vehicle (PEV) share started the year at a high 17% (13% […].

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U.S. EV sales grow by 65 percent despite overall auto market decline in 2022

Teslarati

Despite a slight decrease in market share from 70 percent in Q1 to 58.3 market by as much as $13,000, demand seems to have increased as the company’s inventory is dwindling. EV sales grow by 65 percent despite overall auto market decline in 2022 appeared first on TESLARATI. percent in Q4, Tesla still dominates the U.S.

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Right-Hand-Drive Electric Vehicle Markets — Projections

CleanTechnica EVs

Although the current EV market appears to concentrate on the left-hand-drive markets of the USA, Europe and China, a significant number of earth’s citizens live in right-hand-drive markets. Below is a summary of right-hand-drive EV markets — projections from Rethink Energy’s lead analyst, Peter White.

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European Company Car Market Goes Green

CleanTechnica EVs

In Europe, the company car market is a lot bigger than in the USA. What the market is in China, I honestly do not know, so this article is for our European and North American readers. For historical reasons, good or bad, there is a huge company car market in Europe. The most abundant company […].

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