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Porsche Taycan deliveries plummet over 50% ahead of updated 2025 model, Macan EV

Baua Electric

With deliveries starting later this year, Porsche says demand is also building for the new Macan Electric. Porsche Taycan deliveries slip amid lineup refresh Porsche delivered 8,838 Taycans to customers in the first half of 2024. The drop comes after Porsche introduced the new 2025 Taycan in February.

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Toyota plots new EV battery plant to fend off incoming BYD, low-cost Chinese EVs

Baua Electric

Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. Although Toyota has been one of (if not the) biggest laggards in the global shift to electric cars, the Japanese automaker realizes it needs to compete with Chinese EV makers like BYD.

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BYD partners with Huawei for advanced autonomous driving system

Teslarati

Chinese automaker BYD is teaming up with Huawei for its advanced autonomous driving system (ADS). The all-electric SUV’s sales launch will start in late 2024. According to the China Association of Automobile Manufacturers, Denza, Fangchengbao, and Yangwang have made up only 5% of BYD’s total sales in the first half of this year.

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Nissan and Honda unite to join global software-defined EV race, play catch up with Tesla

Baua Electric

Nissan and Honda will also develop battery tech and e-Axles to power new global vehicles. The Nissan, Honda, and Mitsubishi partnership comes as Tesla and Chinese EV makers like BYD continue expanding in key global markets, including Japan, taking market share. Toyota’s sales are down 0.9%

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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

Green Car Congress

China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. Valmet Automotive is one of the largest automotive contract manufacturers in the world.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. Volkswagen had just around 145,000 sales. automaker’s lineup-wide price cuts made throughout this year.

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Global Top 20 - December 2020

EV Sales

With plugin registrations jumping 105% last month, it was the first time since 1411 2011 that we had 3 consecutive months (October, November & December) of doubling sales, with is a great sign for what 2021 could be. In December, the Climber of the Month was the VW ID.3,

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