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Anderman report projects annual global EV and PHEV market to grow four-fold to 1.4M vehicles between 2014 and 2020

Green Car Congress

Menahem Anderman, released this week, projects that the combined annual global electric vehicle (EV) and plug-in hybrid electric vehicle (PHEV) market will grow fourfold from 350,000 to 1.4 The report reveals sharper growth for PHEVs than for EVs, with government regulations heavily impacting regional market direction.

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BYD is now shipping its own EVs as first cargo ship heads to Europe

Baua Electric

1 is the first Chinese-made ship designed to carry domestic EVs overseas. First BYD ship sets sights on Europe to deliver EVs Marking a “new era” for Chinese vehicles, BYD’s first ship designed to carry EVs arrived at Yantai Port on January 9. 1 is the first vessel built by a Chinese shipyard designed for exporting domestic vehicles.

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Which EV manufacturers performed the best in 2024 so far?

Baua Electric

Many Chinese vehicle makers recorded impressive growth between January and June. This included battery-electric vehicles (BEVs), plug-in hybrids (PHEVs) and extended-range electric vehicles (EREVs). EVs include BEVs and PHEVs. Its Chinese brands saw sales increase by 68% year on year. It is also late to the EREV party.

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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

BYD launched a price war on ICE vehicles last month with the new Qin Plus EV and PHEV models. The DM-i (PHEV) version is even cheaper, starting at around $11,000 (79,800 yuan). The report cited several people familiar with BYD’s plans, released at a recent core internal meeting. It’s gas-powered cars. The upcoming 4.0

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ICCT provides policy update on proposed China Phase 4 fuel economy regulations

Green Car Congress

In absolute terms, the new regulations would put China third behind the EU and Japan for fuel consumption and GHG regulations. A team from the International Council on Clean Transportation (ICCT) has provided an update on China’s proposed Phase 4 fuel consumption standard for passenger cars. Source: ICCT. Click to enlarge. in 2020.

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Global HEV, PHEV and BEV sales in 2010 are forecasted to total 954,500 vehicles, or 2.2% million units in 2020, or some 7.3% million units (about 5.5%

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India. Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. As a result of sales concentration, the global electric car stock is also increasingly concentrated.