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NIO ET5 electric sedan to launch in the United Kingdom

Teslarati

The NIO ET5 mid-sized electric sedan will launch in the United Kingdom (UK). The Chinese automaker’s next NIO House store will open in the United Kingdom. The brand also expects to expand to the United States market by 2025. NIO smart electric sedan will be debuting at the Goodwood Festival of Speed. “We

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Tesla leads EV sales in Norway, nearly eliminates ICE competition in March

Teslarati

A new EV sales report from Norway shows that EVs, led by Tesla, have nearly eliminated all ICE vehicle sales in the country. That trend has continued to this day, and according to new reports from the Norwegian Government, nearly all gas and diesel-powered vehicle sales have been eliminated, only representing 2.7%

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Lamborghini Reaches Sales Milestone: Which 10 Countries Drove Up Sales in 2023?

The Truth About Cars

Worldwide Sales Distribution Lamborghini's 2023 sales distribution showcased a global appeal with a well-balanced spread across major regions. Looking ahead, Winkelmann emphasized Lamborghini's readiness to face new challenges in 2024, demonstrating the brand's commitment to continual innovation and excellence.

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Audi worldwide sales up 6.8% in September; strong Q7 performance

Green Car Congress

Audi saw its worldwide sales increase by 6.8% Sales in the Americas rose by 11.9%, while the brand’s business in Europe increased by 8.8%. With a strong start from the new Audi Q7, Audi saw its best-ever September sales in company history in Europe with almost 80,000 units. across all models to around 1,347,950 units.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

But things aren’t quite as simple as that in the United Kingdom. This is in addition to the Value-Added Tax (VAT), which doesn’t exist in the United States but assesses taxes on the “value added” in each production stage of a good or service in the United Kingdom. New vehicle sales went from 2.7

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Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run. Credit: Manheim Index ).

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Tesla Analyst Shares of Three Growth Hurdles: Gene Munster

Teslarati

Munster outlined three headwinds that may impact Tesla’s demand or sales. The Macro Munster refers to the macro viewpoint of Tesla as the auto industry grows to embrace electric vehicles ( EVs ) and the company’s market share lessens, particularly in the United States. “By 2030, I believe Tesla’s U.S.

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