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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

Chinese demand for EVs soared throughout 2018, as the car-type gained more visibility among consumers, due in part to their promotion by local governments for their environmental impact. The dip in the Chinese market had ramifications upon the rest of the global market in 2018. All SUV subsegments recorded positive results.

2018 273
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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. The SUV boom continued, with seven of the eight regions analyzed posting double digit growth. Sales of SUVs in Europe (including Russia and Turkey) gave the overall market a boost with 20% growth and 1.11

2016 150
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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s sales decline in Asia comes as Chinese EV makers, including BYD’s aggressive price cuts , are squeezing foreign automakers out of the market. BYD Seal EVs in Japan (Source: BYD) BYD’s Atto 3 electric SUV and Dolphin start at $30,000 (¥4.4 The Chinese EV maker is now No. million) and $24,500 (¥3.63

BYD 52
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Eight new EV brands you’ve never hears of – and they don’t come from China

EV Central

Sedans and SUVs are in development using BMW component technology and Foxconn electric architectures. China’s Geely is providing its SPA electric vehicle architecture and Italian design house Pininfarina (these days owned by India’s Mahindra) is providing the exterior and interior design for three EVs – an SUV, a hatchback and estate.

China 81
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BYD sold over 500,000 vehicles for the first time in October: Is it enough to take the EV crown?

Baua Electric

Many Chinese automakers report NEV sales, which include plug-in hybrid (PHEV) and all-electric (EV) models. Although best known for its ultra-affordable EVs (like the $10,000 Seagull ), BYD is quickly expanding into new segments like pickup trucks, luxury models, and smart electric SUVs. BYD also adds commercial vehicles.

BYD 52
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BYD chases Ford and Toyota with its latest EV plant set to open in Cambodia

Baua Electric

We may be aware that BYD is a giant Chinese company specialising in EV production, comparable to Tesla, the largest EV manufacturer in the United States,” Mr Hun Manet said at the event. The news comes after BYD launched its first electric pickup, the Shark PHEV (BYD Shark 6), in Cambodia last month.

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Ford is cutting another 4,000 jobs in Europe as it loses ground in the global EV race

Baua Electric

After dominating its home market, BYD and other Chinese EV makers are looking overseas to drive growth. The EV giant opened its first manufacturing plant in Thailand earlier this year, and more are planned for Hungary, Brazil, Mexico, Pakistan, and Turkey. While Ford’s Model e EV unit is on track to lose between $5 billion and $5.5

Europe 52