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Chinese Car Buyers Recently Scooped Up More EVs and PHEVs Than Gas Vehicles for the First Time

The Truth About Cars

Chinese car buyers are among the most prolific EV and PHEV buyers in the world, and the country recently saw their sales numbers eclipse those of gas vehicles for the first time. Their July sales increased 37 percent over July 2023, accounting for almost 51 percent of new car sales. The numbers also represent a 28.6

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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

The circles represent the year in which new vehicle sales equal 100% alternative powertrains/fuel. policy, the current growth of alternative powertrains/fuels, and the recent sales growth to estimate the continued growth of alternative powertrains/fuels in new vehicles until. Turnover of the Chinese fleet. Click to enlarge.

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Teaser: New Acura Performance Electric SUV Concept to Be Revealed At Monterey Car Week

The Truth About Cars

Chinese car buyers are among the most prolific EV and PHEV buyers in the world, and the country recently saw their sales numbers eclipse those of gas vehicles for the first time. Their July sales increased 37 percent over July 2023, accounting for almost 51 percent of new car sales. The numbers also represent a 28.6

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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

To encourage and promote electric vehicles and following the new budget, the Nepal Electricity Authority (NEA) has signed an MoU with a Chinese company Wanwang Digital Energy Corporation to install and maintain 50 electric vehicle charging stations across Nepal. Also read related article: Union Minister announces Vehicle Scrappage Policy .

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EVs and PHEVs outsell gas cars in China for the first time

Baua Electric

BYD Yuan Up electric SUV (Source: BYD) EVs and PHEVs made up a record half of car sales in China in July, the first time this milestone was achieved in the world’s largest auto market. Sales of EVs and PHEVs – what China calls new energy vehicles (NEVs) – jumped 37% year-over-year in July, achieving a record 50.7%

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Are global EV sales forecast to improve by the end of 2024?

Baua Electric

This will push the 2024 sales figure past 2023’s result. million sales and a 19.7% The government set a target for new energy vehicles (NEVs) sales, including battery-electric vehicles (BEVs), plug-in hybrids (PHEVs) and fuel-cell electric vehicles. of light-vehicle sales in 2025, 69.5% market share. up from 13.9%

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How will a Trump presidency impact the global EV market in 2025?

Baua Electric

in September, with EV sales forecasted to grow by 25% across 2024. million EV sales globally in 2024 is just over 800,000 units higher than EV Volumes predicted in September. of all sales worldwide, down from 34.1% of light-vehicle sales in 2030, and 69.4% of EV sales in 2024. This is up from 19.7%

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