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BNEF said that it expects China will continue to lead, with some 1.5 million units—around 57% of the global market. China’smarket is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. Sales in Japan and South Korea combined should be around 100,000.
Honda last week held a virtual press conference on its electrification strategy in China. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. All new models Honda will introduce in China after 2030 will be electrified—hybrids (HEVs) and EVs. e:N series.
In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. positioning BYD as a dominant player in China’s plug-in hybrid vehicles market. year on year (YoY) and 12.5% BYD’s e-platform 3.0
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 is based on the successful BMW 3 Series, which led the premium-compact segment in China in 2021. plant in Lydia, Shenyang.
Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. Stephan Wöllenstein, CEO of Volkswagen Group China. In the first phase of its commercial use, V.MO
Volvo Cars reported global sales of 51,286 cars in February, up 22% compared to the same month last year and a record for the month of February. The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. Chinasales reached 13,066 cars, up 50% compared with February last year.
Groupe Renault is setting a new strategy for China, based on Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold in China in 2019, China is by far the largest EV market in the world. EV sales are expected to reach 25% of the Chinese market by 2030. LCV market.
BYD announced the official launch of its Han EV series, the brand’s long-awaited flagship offering for the global mid-to-large luxury sedan market, including three pure electric models and one hybrid model. The Han EV will be sold in China at first.
Volkswagen Group China has begun construction of an all-new MEB plant at Volkswagen Anhui. The third of the Group’s pure-electric vehicle manufacturing facilities in China, following completion of the Anting (SAIC VW) and Foshan (FAW-VW) plants, the Volkswagen Anhui plant will be powered by green energy from day one.
There are also other companies in China that offer models with battery swap support, but for the taxi market. Nio has 1071 swap stations in China as of August 2022 but is gearing up to expand its sales and swap station facilities across Europe. Swapping to become more efficient by using smaller batteries.
TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.
BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. Their use case will mostly be in shorter-distance applications.
In 2025, half of all new Porsche sales are expected to come from the sale of electric vehicles—again, all-electric or plug-in hybrid, said Oliver Blume, Chairman of the Executive Board of Porsche AG. In 2021, Porsche increased its deliveries in all global sales regions. Sales in 2021 were €33.1 billion, €4.4
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.
of total California auto sales in 2021. The CEC updates its Zero Emission Vehicles (ZEV) sales figures quarterly by analyzing DMV data. Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard.
We more than tripled sales of our plug-in hybrids and all-electric cars. Sales of plug-in hybrids almost quadrupled to more than 115,000 units. kWh/100 km) achieved sales of about 1,700 vehicles. With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors.
Emerging markets and developing countries are central to the “decarb” and electrification push, and are themselves maneuvering to attain advanced country status and a higher quality of life for their citizens. This surge occurred mostly in China, driven by steel manufacturing.
BloombergNEF has just published its hydrogen market outlook for the first half of 2022. Electrolyzer sales have more than doubled to 458MW in 2021 and are set to grow 4-5x this year. Electrolyzer sales have more than doubled to 458MW in 2021 and are set to grow 4-5x this year. Forget about hydrogen cars.
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 703,000 sales (in a 1.6-million-unit million-unit overall market). Breaking down plugin sales. continued] The post 44% Plugin Vehicle Market Share In China — April 2024 Sales Report appeared first on CleanTechnica.
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 743,000 sales (in a 1.7-million-unit million-unit overall market). Breaking down plugin sales. continued] The post 43% Plugin Vehicle Market Share In China — March 2024 Sales Report appeared first on CleanTechnica.
Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.
These core business aims include: Accelerating electrification and achieving annual sales of 1.2 Becoming the number one brand in the global purpose-built vehicle (PBV) market by 2030. Starting with an annual global sales goal of 3.15 The company will make the sales of these vehicles the focus of future business growth.
In October, Volvo Cars global sales reached 50,815 cars, down 22.2% of total sales, as the number of electrified vehicles continues to rise globally. Sales of Volvo Cars’ fully electric models reached 3.1% of the overall sales, 18,261 cars, for the first 10 months and increased to 5.6 of the overall sales.
Volvo Cars achieved its eleventh consecutive month of sales growth as the company’s global sales increased by 43% in May, compared with the same month last year. The growth was mainly driven by a strong demand in the US and, in Europe, a recovery from a sales drop in May last year related to the Covid-19 pandemic.
Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 816,000 sales (in a 1.7-million-unit million-unit overall market). Breaking down plugin sales. continued] The post 47% Plugin Vehicle Market Share In China — EV Sales Report appeared first on CleanTechnica.
The BMW Group will expand its recycling concept in China in the future—which will not only contribute to environmental protection, but also effectively support China’s transition to a low-CO 2 economy. —Jochen Goller, head of BMW Group Region China. China is the world’s largest market for electric vehicles.
Buick will introduce its first electric vehicle in China developed on GM’s Ultium platform later this year. The announcement came shortly after GM announced plans to roll out more than 15 Ultium-based models in China by 2025, and reinforced its commitment to making electric vehicles more connected and intelligent.
In a new report, “ Battery Swapping for Electric Vehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions. Nio Power Swap stations. Heavy-duty sector. Moon et al.
Leading China-based battery manufacturer Contemporary Amperex Technology Co., Limited (CATL) and Honda Motor (China) Investment Co., announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. Earlier post.). Earlier post.).
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. BYD ATTO 3 is slated to become the first BYD passenger vehicle sold in Japan, with sales expected to begin in January 2023.
Nissan unveiled the e-POWER Sylphy, the first model equipped with the e-POWER series hybrid technology ( earlier post ) for customers in China. e-POWER is designed to bring a whole new driving experience to customers in China in their pursuit for high-quality mobility in the era of electrification.
Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. For the first five months of the year, Volvo Cars sales reached 275,312 cars, up 14% compared to the same period during 2022. Sales in Europe for May reached 26,272 cars, an increase of 40% compared to last year.
The UX 300e is scheduled to go on sale in the Chinese and European markets in 2020, and in Japan early in 2021. Lexus is introducing its first battery electric vehicle (BEV), the UX 300e, at the Guangzhou International Automobile Exhibition.
Transacted prices in China began to breach the RMB 200,000/tonne mark in November—a historical milestone for lithium pricing. Chinese lithium carbonate prices soared in 2021, due to a surge in demand for lithium iron phosphate (LFP) batteries in the country, according to the end-of-year analysis by Benchmark Minerals Intelligence.
Xpeng Motors has begun China-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. At 706 km (439 miles) (NEDC), the standard rear-wheel drive super-long range version of the P7 has the longest driving range among production EVs in China. Charge quicker. Accelerate faster. Control smoother.
The market ramp-up in China accelerated significantly in Q3, where 28,900 BEVs were delivered, compared with 18,300 in the first half of the year. The Group was the market leader here, accounting for a BEV market share of around 26%. —Christian Dahlheim, Head of Group Sales. model family.
Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 31% in January year-on-year, accounting for 40.7% European sales for January reached 21,436 cars, up 14.7% compared with January last year.
Although overall light-duty vehicle sales were down in 2020 due to the pandemic, plug-in vehicle sales bucked that trend and saw growth in many markets. This was especially evident in Europe where the share of plug-in vehicle sales more than tripled, reaching 10.5% of all light-duty vehicle sales, respectively.
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 876,000 sales (in a 1.76-million-unit million-unit overall market). continued] The post Half of Car Sales in China Are Now Plugins! That’s up 23% year over year (YoY). appeared first on CleanTechnica.
The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries.
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. By cell supplier, China-based CATL took the lead in 2021 with a record 87.8
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring a new record, a little more than 1.1 million sales (in a 2.1-million-unit million-unit overall market). That’s up 51% year over year (YoY), compared to the overall market being up 5%. Looking deeper at the numbers, growth came.
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 887,000 sales (in a 1.73-million-unit million-unit overall market). That’s up 33% year over year (YoY), and the second best month ever, while the overall market is down 3% YoY. Full Report appeared first on CleanTechnica.
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