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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Europe’s performance was driven by a record year for electric vehicle sales, and the best year in renewable energy investment since 2012. Electric bus (e-bus) sales are the second-largest category, although annual investment in the segment has decreased from $21 billion in 2016 to $11 billion in 2020. Electrified transport.

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Car sales in China surge on back of exports, offsetting sales slump at home

Baua Electric

Read more Car sales in China picked up in June thanks to increase in exports amid EU hiking tariff on electric vehicles made in the country. However, China continues to see drop in sales domestically. Sales in China dropped 7.4 per cent while domestic sales edged up 1.6 Chinese EV exports were down 2.3

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Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

These days, September 29, Geely’s Zeekr logo introduced its access into Saudi Arabia, the United Arab Emirates, Qatar, and Bahrain. In Shanghai, Zeekr signed commitments with the AW Rostamani Workforce of the United Arab Emirates, the Wallan Workforce of Saudi Arabia, the Blue Pond Motors of Qatar, and the Y.Okay.

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Ford is the fastest-growing auto brand in Saudi Arabia ahead of upcoming overseas EV push

Baua Electric

Ford sees sales surge in Saudi Arabia with EVs en route More people are buying Ford’s vehicles in The Middle East than ever. 2024 has been an exceptional year for Ford in the Middle East, with sales having doubled since 2022,” president of Ford Middle East, Ravi Ravichandran, said Thursday.

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NIO revenues up in Q4 2023, Alps sub-brand to launch in Q2 with a Tesla Model Y competitor

Baua Electric

Chinese EV automaker NIO shared its Q4 2023 report today, followed by an analyst call that included some interesting updates about its plans for the year, expansion to new global markets, and the launch of not one but two EV sub-brands, including Alps. For example, NIO intends to enter markets in the United Arab Emirates (UAE) this year.

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

Baua Electric

Electric car sales in 2023 were 3.5 While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India. In the European Union , sales amounted to 2.4

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Which EV markets and models have performed strongest in 2024?

Baua Electric

BEVs alone made up 25% of sales in this period. This followed a surge in deliveries during the same point last year, when 89,000 units hit the roads, up 327% year on year. The local BYD factory has now started production, and six other Chinese OEMs are either starting local manufacturing or launching locally-made EVs.

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