InsideEVs

MAY 24, 2024

In other news, Tesla is slashing Model Y production at Gigafactory Shanghai as sales slump and competition heats up.

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Green Car Reports

APRIL 15, 2019

Geely launches a new electric-vehicle brand, and Karma teases more about its future product plans. And Tesla wasn't the only one with a plug-in vehicle sales slump in the first quarter. As we ramp up for auto shows in Shanghai and New York, it's the start of what's bound to be a busy week here at Green Car Reports.

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Electrek

APRIL 15, 2024

The rugged SUV brand is preparing to reverse slumping sales with new EVs that Jeep believes can compete with the best. Jeep has high hopes for its first 100% electric SUV in the US. Jeep’s CEO, Antonio Filosa, believes the Wagoneer S electric SUV can take market share from Tesla’s best-selling Model Y.

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Electrek

NOVEMBER 30, 2023

Despite predictions of a major slump in automatic sales around the globe, the European auto industry predicts that this will spark a huge uptick in EV sales in the EU – and that’s thanks to a flood of new, cheap models hitting the market.

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CleanTechnica EVs

DECEMBER 13, 2022

The Chinese auto market slumped in November, with an overall drop in sales across the market. Some say the news shows Tesla’s electric vehicle dominance in what is the world’s largest auto market, while others are pointing to the automaker’s plans to cut some […].

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Baua Electric

MARCH 27, 2024

Read more The carmakers and dealerships may start offering attractive discounts and offers in the FY25 to boost sales of passenger vehicles, amid slumping consumer demand owing to various factors. AFP) If you are planning to buy a new car in the coming months, you are likely to get lucrative discounts and attractive offers.

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Baua Electric

MAY 1, 2024

By: HT Auto Desk | Updated on: 01 May 2024, 13:57 PM Tata Motors has witnessed a marginal growth with its passenger vehicle sales last month, while EV sales witnessed a slight decline. Tata Motors witnessed marginal growth in its passenger vehicle sales last month, while EV sales witnessed a slight decline.

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Teslarati

APRIL 30, 2024

However, EV sales growth has reportedly slumped. The company hopes to recover losses from the EV slowdown with plug-in hybrid sales. EV sales, Hyundai Motor of America reported that electric vehicle sales jumped 62% year-over-year compared to Q1 2023. Despite discussing a slowdown in U.S.

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Baua Electric

APRIL 1, 2024

Read more Rapid surges in SUV sales have propelled the growth in rural market sales for all the carmakers in India, while demand for small cars has slumped significantly. Rural India emerged as the driving force behind the record-breaking sales of passenger vehicle sales in FY24. Rural sales of 7.87

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Electrek

JUNE 23, 2023

Nissan’s luxury division Infiniti revealed a modern brand refresh on Friday amid a multi-year sales slump. The revamp includes a new logo and Apple-like stores complete with signature scents and sounds. more… The post Infiniti shows dealers new Tesla Model S-like electric sedan amid brand refresh appeared first on Electrek.

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Baua Electric

APRIL 25, 2024

EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. Rivian R1T at Tesla Supercharger That conclusion is based in part on record 2023 EV sales. But growth in other markets could further boost EV sales, analysts predict. In the U.S., And while U.S.

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Teslarati

FEBRUARY 8, 2023

Toyota is typically the top dog in California and numerous other states, but according to Reuters , following a significant sales slump last year, the Japanese brand’s most popular models fell to third and fourth place behind the Tesla offerings. However, Tesla’s lead in EV sales in America is still without equal.

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Teslarati

APRIL 26, 2024

billion), and sales reached a record high of over 40 trillion won (US$29 billion). There was a big decline in EV sales, but those of hybrids — a high-margin product—contributed to the high profitability,” explained Hyundai’s CFO Seung Jo Lee. Tesla has also acknowledged a slump in EV demand. trillion won (US$2.5 from a year ago.

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Teslarati

FEBRUARY 1, 2023

Tesla’s price cuts in China dropped sales of competing domestic electric vehicle makers Nio, Li Auto, and Xpeng by as much as 60 percent in January. Nio, Li Auto, and Xpeng all showed significant drops in both monthly and year-over-year sales comparisons in January after Tesla stroked demand by dropping prices by as much as 13.5

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Baua Electric

APRIL 25, 2024

Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business. Higher repair costs also weighed on the company’s overall fleet maintenance expenses.

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The Driven EV News

JANUARY 24, 2023

Japanese automaker will seek to play catch up with booming EV market and "strive to further accelerate its electrification business" after slump in sales and market value. The post Electric vehicle laggard Honda signals it’s finally getting with the program on EVs appeared first on The Driven.

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Teslarati

MARCH 20, 2024

In a new study from Inovev, a French automotive data firm, it was shown that the Model Y was the world’s most-produced car last year, outpacing some of the biggest names in the automotive industry as Tesla achieved the unthinkable goal of its all-electric crossover dominating world sales charts. I’d love to hear from you!

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The Driven EV News

OCTOBER 5, 2022

While its overall car sales slump in the US, Ford EV sales have bucked the trend thanks to the electric versions of some old favourites. The post Ford triples EV sales in the US, led by F-150 Lightning appeared first on The Driven.

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Green Cars News

JUNE 18, 2012

With a subsidy scheme on electric vehicles reaching its conclusion in India, there has been a 75 per cent drop in sales of electric cars (such as India’s first electric car, the Reva, pictured) and other battery powered vehicles in the country. The slump has occurred since April 2012 with many key industry players now [.].

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India REVA Electric Vehicles Sale 51

Teslarati

FEBRUARY 7, 2023

Recently, the German KBA, the agency which monitors vehicle registrations, found that Tesla sales had grown by more than 900% compared to January 2021. Tesla’s cyclical deliveries could also be affecting sales numbers, especially following the strong end of Q4. If you have news tips, email us at tips@teslarati.com !

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Germany Tesla Sale Auto Industry 132

Green Cars News

OCTOBER 23, 2010

Anyone who thought that electric cars were ready to take over on the UK’s roads needs to think again, with new sales figures revealing that their popularity has slumped. According to The Guardian, sales of new electric cars in the UK dropped by 90 per cent from their peak of 397 units in 2007, to [.].

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Baua Electric

SEPTEMBER 21, 2023

The journey has did not opposite a gross sales subside. Within the first 8 months, the three way partnership’s gross sales slumped 25 p.c The post France’s revised subsidies for EVs pose existential blackmail to its manufacturers in China appeared first on Bauaelectric Auto News.

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Citroen China Manufacturer France 52

EV Central

APRIL 9, 2024

READ MORE: 2024 Tesla Model 3 Long Range review: 331 reasons the dual motor is worth the extra spend READ MORE: Tesla Model 2 coming as soon as 2022 Set to have been on sale in all global markets before the end of 2025, the Tesla Model 2 was designed to be priced below US$25,000 ($38,000) before being axed at short notice.

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Baua Electric

JANUARY 24, 2024

EVs accounted for 15% of total sales in 2023. Ford and GM may foresee an EV sales slump, but Mertl is having none of it: “The current sales plateau of combustion cars will continue and then fall off slightly.” The brand expects to sell more than half a million battery-electric vehicles in 2024.

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Teslarati

APRIL 13, 2023

Audi’s announcement was first revealed by the German newspaper Handelsblatt , in which a corporate executive stated that after seeing dramatically falling sales in the segment, the premium brand would be pulling out. According to the executive, Audi’s PHEV sales have more than halved in China since 2020.

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PHEV Audi Sale Market 99

Baua Electric

APRIL 4, 2024

In a recent Fox News interview , Transportation Secretary Pete Buttigieg said EV skeptics risk being left behind by technological progress. ” In the interview, Buttigieg tackled current anti-EV narratives, including that a recent slump in Tesla deliveries indicates a lack of interest in EVs. . Like landlines, perhaps?

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Baua Electric

MARCH 11, 2024

Despite being one of the most hyped SUVs, the Maruti Suzuki Jimny has not been able to show an impressive sales performance to date. Launched in 2023, this SUV has been witnessing a slumping sales performance every month.

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Baua Electric

JULY 24, 2023

In the meantime, gross sales of Chinese language manufacturers accounted for 53 p.c Toyota has been reckoning on its EVs to restore gross sales in China, which fell 9 p.c The post Toyota’s China undertaking dismisses some manufacturing facility employees as gross sales fall appeared first on Bauaelectric Auto News.

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Manufacturer China Sale Mitsubishi 52

Baua Electric

AUGUST 11, 2023

Gross sales of Ford with Changan fell 12.6 % within the first part mode the year-ago length, China Affiliation of Car Producers knowledge confirmed. The post Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MARCH 13, 2024

Read more Volkswagen AG is planning to launch a product offensive of 30 new cars including both electric and ICE vehicles, in an attempt to offset the gloomy growth outlook. REUTERS) Volkswagen expects a slump in its car sales growth in 2024, amid a gloomy economic outlook and growing competition, reported Reuters.

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Electric Vehicles India

JULY 8, 2021

Electric two-wheeler sales FY2021. The electric two-wheeler sales have been decreased in FY2021 by 5.4% But however, the sales of the high-speed electric two-wheelers witnessed a growth of 47%. The increase in the sales of high-speed E2W s is by established players such as Hero Electric and Okinawa that shares 53% of the market.

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Teslarati

JANUARY 12, 2022

The surge in sales for the German automaker helped the company claim the title of best-selling EV brand in Europe in 2021. Tesla, for example, held a heavy focus on the Chinese market, and more than 50% of the company’s 2021 sales occurred from vehicles built in China. I’d love to hear from you!

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Electric Vehicles Vehicles North America Audi 144

Baua Electric

JUNE 11, 2023

Nio mentioned on Monday it might decrease costs for all its fashions and finish distant battery swapping services and products to fresh patrons, because the Chinese language electrical automobile maker faces mounting drive over profits losses and lukewarm gross sales. The stocks have slumped just about 20% thus far this yr.

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Baua Electric

FEBRUARY 1, 2024

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. The automaker is betting on custom EVs to revamp sales in the region. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68 China is the undisputed EV market leader.

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Baua Electric

FEBRUARY 1, 2024

More bad news for Polestar. Polestar released an announcement saying that Volvo “will remain a strategic partner in areas across R&D, manufacturing, after sales and commercial.” While the automaker saw a jump in shares after the news dropped yesterday, shares are still down 38% over the past year, with a valuation of $9.5

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Teslarati

JUNE 9, 2022

China’s Nio said this morning it is forecasting fewer deliveries of its electric vehicles this quarter due to anti-pandemic restrictions, which are weighing on manufacturing and sales. “The good news is that their arch-rival Tesla was also severely affected by the virus control and prevention measures.”

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Baua Electric

FEBRUARY 7, 2024

of the total sales, while nearly one out of seven NEVs sold during the month was also exported, CAAM data shows. China’s new energy vehicle sales fell 38.8% China’s new energy vehicle sales fell 38.8% Vehicle sales, including those exported, totalled 2.44 of total sales, grew 78.8%

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