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BYD sets new NEV sales record as it sets eyes on Canada

Teslarati

Chinese automaker BYD set another record in new energy vehicle (NEV) sales in July 2024. BYD’s global NEV sales will likely increase even further as it sets eyes on Canada. The Chinese automaker beat its June 2024 NEV sales when it sold 341,658. BYD’s battery electric vehicle (BEV) sales fell by 10% compared to June.

Canada 98
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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

million units manufactured in 2022. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China.

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Will the Japanese Auto Industry Completely Collapse?

My Electric Car

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Cumulative electric vehicle sales and production from 2010 through 2020, in major regions (based on EV-Volumes, 2021).

Global 397
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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

With two out of three of the United States’ top legacy automakers supporting Tesla’s NACS, Electrify America’s position in the EV charging space is precarious at best. In comparison, Electrify America has 3,503 fast chargers and 116 Level 2 chargers in the United States.

America 145
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Tesla Swedish sales grow 9% in December

EV Info

Tesla Market share Grows to 6.1% in Sweden Data from Swedish auto industry association Mobility Sweden showed 1,789 new Tesla cars were registered in December, up from 1,645 in the same month of 2022. Market share grew to 6.1% The total sales for the year saw a slight increase while EV sales grew 18%.

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