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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

Green Car Congress

Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. Overall, global fuel economy has improved by an average of 1.7% SUVs now represent nearly 40% of the global LDV market.

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SETEC POWER Emergency Mobile EV Charging System Unveiled in Bali

Setec Powerr

Besides being attended by Minister of State Secretary Pratikno, the event was also attended by the Japanese Ambassador to Indonesia, Kanasugi Kenji. For information, the bZ4X is Toyota’s first BEV-electrified vehicle, officially marketed globally in mid-2022. Photo: Luthfi Anshori/detikOto.

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

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. The Japanese automaker’s global sales are down 0.9% The Japanese automaker’s global sales are down 0.9% BYD also recently launched its first electric MPV in Indonesia.

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

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. In FY2024, electric car and SUV sales in India jumped 90% to over 90,000 units.

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Which EV markets and models have performed strongest in 2024?

Baua Electric

05 September 2024 Read next Monthly Market Update: BEVs record another used-car market low in August 04 September 2024 Read next Balancing the price and performance of EV batteries 04 September 2024 Read next Is the global EV market slowing down? This is particularly impressive given the market preference for large SUVs.

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