Plug in America

JUNE 10, 2021

Last week, 37 electric vehicle (EV) driver associations from 26 countries, including Plug In America, joined forces to create the Global EV Drivers’ Alliance, building a worldwide EV community. The Alliance released this video to promote awareness of the Alliance. “We We can already see the EV growth; more than 3.24

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Green Car Congress

SEPTEMBER 12, 2021

Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide. billion by 2027 from $18.75

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Green Car Congress

FEBRUARY 4, 2019

—Felipe Munoz, JATO’s global analyst. Globally, Europe was the world’s third-largest car market behind China and the US. Poland, Slovakia, Luxembourg and Lithuania all posted record levels of volume, while it was the best year since 2007 for Spain and Estonia, and the best year since 2008 for Romania, Hungary, Croatia and Latvia.

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Green Car Congress

MARCH 27, 2020

—Felipe Munoz, global analyst at JATO Dynamics. In terms of market share, electrified vehicles represented 75% of all passenger cars registrations in Norway; 33% in Sweden; 31% in Finland; 22% in Netherlands; and 17% in Hungary. Their global sales totaled 18.85 This is also pre-COVID-19.

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Green Car Congress

NOVEMBER 13, 2022

China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. The US placed in the top 10 for all categories except for ESG, where it ranked 16 th.

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Green Car Congress

JULY 30, 2018

The company operates five facilities globally, including three in Germany and one each in Hungary and China, and employs approximately 400 staff. It posted consolidated sales of more than €69 million in the fiscal year ending 31 December 2017.

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Green Car Congress

MAY 29, 2017

Mercedes-Benz announced that its Rastatt plant—the company’s lead plant in global production of compact cars—will produce compact-class electric EQ models in the future. The company assumes that the proportion of electric vehicles in the total unit sales of Mercedes-Benz will be between 15 and 25 percent by 2025.

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Green Car Congress

APRIL 18, 2016

This joint venture also illustrates the ability of European companies to develop leading industrial partnerships to bring breakthrough technologies to the global market. The company’s structures will be lean and adapted to global market requirements and the international competitive environment.

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Green Car Congress

DECEMBER 15, 2020

In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. Global battery production network.

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Green Car Congress

AUGUST 13, 2021

In entering this business, Bosch aims to increase vertical integration in mechanical engineering and, by 2025, to generate annual sales of some €250 million (US$293 million) with equipment for battery production. Our assumption is that the global battery market will grow up to 25 percent each year. —Rolf Najork.

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Teslarati

AUGUST 31, 2024

BYD will gain more control over its European sales through the Hedin purchase. It will take over sales activities in the German market and directly manage stores in Stuttgart and Frankfurt. The Chinese automaker predicts that its overseas market will account for 50% of its total global sales in the future.

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Teslarati

SEPTEMBER 1, 2024

million, which the company says was due to “lower global volumes and higher discounts.” “Polestar remains confident of a stronger second half of the year, particularly in the fourth quarter as sales of the two premium SUVs build,” the company writes in the release.

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Baua Electric

FEBRUARY 3, 2025

The worlds largest EV maker is quickly making a name for itself on a global scale. With overseas sales surging 83% last month, BYD is looking for even more market share in 2025. BYD sets new overseas EV sales record in January 2025 BYD sold over 300,500 new energy vehicles (NEVs) last month, up nearly 50% from January 2023.

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Baua Electric

APRIL 10, 2025

It is notable that the gap between the asking price and the final sale price is particularly wide for BEVs. As a result, the resale value of BEVs remains uncompetitive compared to internal combustion-engine (ICE) vehicles, which in turn hampers the growth of BEV sales. New vehicle sales data offers limited insights.

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Green Car Congress

AUGUST 1, 2018

But it was the positive economic situation across the continent that boosted results, JATO said, as midsize markets such as the Netherlands, Poland and Sweden all posted increases, and smaller markets like Hungary, Greece, Romania, Croatia and Lithuania similarly posted significant increases. —Felipe Munoz, JATO’s global analyst.

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Teslarati

AUGUST 30, 2024

BYD has set ambitious goals for its global market expansion. BYD forecasts that its overseas market will account for 50% of its global sales in the future, and Europe plays a significant role in the Chinese automaker’s plans. It currently has its eyes set in either Hungary or Turkey.

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Green Car Congress

MARCH 26, 2018

This growth can be attributed to key markets such as Germany, Spain and France, as well as five other markets (Croatia, Greece, Hungary, Estonia and Luxembourg), which posted double digit growth. Alternative-Fueled-Vehicles were also able to take advantage of the decline of diesel, growing by 18.5% —Felipe Munoz, JATO’s Global Analyst.

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Baua Electric

JANUARY 3, 2024

Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. This year also marks BYD being listed among the global top 10 of car sales for the first time.

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Baua Electric

JANUARY 2, 2024

Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. Tallying up its year-end sales, it’s a massive 62% growth from 2022.

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Baua Electric

NOVEMBER 18, 2024

After its fifth straight record sales month, BYD is now closing in on top global automakers like Ford. October was BYD’s fifth straight record-breaking month for NEV sales, including plug-in hybrid (PHEV) and battery electric (EV) models. New facilities are coming online soon in Hungary, Brazil, Pakistan, Turkey, and Mexico.

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Baua Electric

AUGUST 23, 2024

With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. Affordable EVs driving demand According to MarkLines (via Nikkei ), BYD’s new vehicle sales climbed 40% between April and June to 980,000. A big part of BYD’s surging sales numbers is its incredibly affordable electric cars. million in Q2 2023.

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Baua Electric

NOVEMBER 20, 2024

Ford’s announcement comes as China’s leading EV maker, BYD, is quickly catching up in global deliveries. Electrek’s Take Ford’s restructuring in Europe comes as EV leaders, like China’s BYD, continue gaining ground in the global auto market. billion) in Q3 net income amid surging EV sales. billion (RMB 11.6

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Baua Electric

JUNE 17, 2024

In addition to expanding its own retail footprint, Polestar is deploying new non-agency sales models and has announced seven new markets it will begin selling to next year. Since that debut, the automaker has announced several new models in its pipeline, including the Polestar 3 , which will soon begin sales and deliveries.

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Baua Electric

AUGUST 28, 2024

BYD credited the Q2 profit surge to rebounding vehicle sales, which reached a new record. BYD record vehicle sales lead to higher Q2 profits BYD announced net income reached RMB 9.06 billion), driven by higher vehicle sales. Although most of BYD’s sales are still in China, the company is quickly expanding overseas.

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Baua Electric

DECEMBER 16, 2024

This stat is from one plant, not BYDs global annual production tally. With further expansions to other markets like Japan , as well as new production footprints outside of China, BYD has become an EV juggernaut and has the sales data to prove it. BYD is coming. We say it all the time, but you should know the name BYD by now.

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Baua Electric

MAY 16, 2024

BMW still aims for about 50% global EV sales by the end of the decade, in line with a plan the automaker rolled out in 2021 , but still isn’t ready to declare an end date for internal combustion. BMW will have 15 all-electric models available globally across all of its brands, he added.

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Baua Electric

SEPTEMBER 16, 2024

of global EV battery sales in the second quarter. of global battery sales. share of the global EV battery market According to a recent report, CATL is adding two more factories to its six already planned globally. China’s BYD was second with 14.7% As of August 2024, CATL held a 37.6%

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Baua Electric

OCTOBER 11, 2024

BYD tops SAIC to become China’s largest auto group After sales surged by 62%, with over 3 million vehicles sold last year, BYD officially became China’s best-selling brand. BYD is now China’s largest auto group after topping SAIC in September sales. September was BYD’s fourth consecutive record-breaking sales month.

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Teslarati

MARCH 9, 2023

As of 2022, CATL said it controlled more than one-third of the total battery market globally, 37 percent, to be precise. Despite its strong earnings and global domination in terms of battery market share, CATL still has rough waters to navigate in its home country. CATL installed 191.6

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Baua Electric

NOVEMBER 1, 2024

BYD sales topped the 500,000 mark in October, its first time achieving the feat. After its fifth consecutive record sales month, will BYD take the global EV lead over Tesla this year? October was BYD’s fifth straight record-breaking month for NEV sales. October was BYD’s eighth straight month with higher PHEV sales.

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Baua Electric

MARCH 12, 2024

According to global data collection firm DataForce , that would give it a 1.1% However, the company is “just getting started” in the region, says Europe CEO Michael Shu, and expects to ramp up sales quickly. Although Shu said increasing sales will take time, it expects to gain EV market share in Europe this year.

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BYD Europe Market Hungary 52

Baua Electric

JANUARY 20, 2025

The worlds largest electric vehicle maker is becoming a force in the global auto market. Tesla topped BYD by about 25,000 units last year for the global EV sales crown. According to the auto association, the EV giant sold nearly 15,500 vehicles last year, its first full sales year. After selling a record over 4.27

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Baua Electric

MARCH 21, 2024

According to global data collection firm DataForce , that would give BYD a 1.1% After admitting that ramping sales in the region will take time, Shu said BYD aims to more than triple its market share. Even before it begins producing vehicles at its Hungary plant. To speed up output, it will also build battery packs in Hungary.

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Baua Electric

MAY 22, 2024

CATL is doubling down on its global expansion efforts as it seeks more growth in overseas markets. Although higher NEV sales typically equate to more growth for CATL, rival BYD is quickly gaining market share, negatively impacting CATL. CATL is also looking to fuel its global growth through licensing its technology.

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Baua Electric

OCTOBER 9, 2024

BYD expands in the North American market with new EVs After dominating in its home market, BYD is looking overseas to drive sales growth. BYD opened its first plant in Thailand in June and plans to open several more in Pakistan , Turkey, Brazil, and Hungary. It also offers four hybrid models.

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Baua Electric

OCTOBER 31, 2024

BYD teases new luxury EV interior ahead of its debut The company’s head of brand sales, Zhao Changjiang, confirmed Denza would launch the Z9 at the 2024 Guangzhou Auto Show on November 15. The new luxury EV will follow the Denza Z9 GT , which opened pre-sales in August, starting at $47,700 (339,800 yuan). billion) and revenue ($28.2

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Baua Electric

JUNE 6, 2024

As global EV battery consumption continues rising, the most prominent players, including CATL and BYD, continue dominating the market in 2024. CATL and BYD are still the EV battery market leaders Through the first four months of 2024, global EV battery consumption reached 216.2 BYD ranked second with a 15.4% GWh through April, up 18.3%

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