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Oct. Was a Record–Breaking Month for EV Sales
Global EV sales up 35% in October, Europe ekes out a gain
Global sales of fully electric and plug-in hybrid vehicles rose 35% in October from the same month last year, led by a 54% jump in sales in China, market research firm Rho Motion said on Wednesday.
Global EV Sales Hit Monthly Record in October on Strong Performance in China -- OPIS
An indication of China's strength in global EV markets is that Shenzhen-based BYD Auto reported total sales of more than 500,000 during the month, up by 80,000 from September. The company's exported more than 30,000 units in October, in keeping with levels seen in the previous three months, according to Rho Motion.
October Was a Record–Breaking Month for EV Sales
According to market research firm Rho Motion, electric vehicle (EV) sales reached an all–time high in October. In total, automakers sold more than 1.7 million EV units worldwide last month. That beats the previous record,
Europe ekes out a small gain as global EV sales rise 35% in October
Global sales of full-electric and plug-in hybrid vehicles rose 35 percent to 1.72 million worldwide in October, Rho Motion data showed.
Electrek
1d
Ford’s EV struggles continue as ‘rapidly deteriorating’ market conditions take a toll
Ford invested $2 billion to prepare the facility to produce its next-gen electric models for the
European
market
. It ...
Digi Times
1d
Automotive chip fab projects face suspension in Europe amid EV slowdown
The global semiconductor shortage that plagued automotive chips from 2020 to 2022 has subsided, as electric vehicle (EV) ...
12d
GM could find opportunity in chaotic European market with EV play
GM started selling EVs in Europe last year. It now has four EV experience centers open for Europeans to see Cadillac EVs in ...
1d
on MSN
Ford Is Already Cutting Capri Production, Blames Weak EV Demand
New VW ID-based Capri crossover and its boxy Explorer brother are being throttled back as employees at the Cologne, Germany, ...
9d
New car market fell 6% last month
Registrations of new cars fell by 6.0% last month, figures show. Industry body the Society of Motor Manufacturers and Traders ...
10d
The Market Is Penalizing Stellantis' US Weakness Too Much
Stellantis N.V. faces challenges in North America but benefits from EU tariffs and strong brand portfolio in Europe, making ...
Yahoo
10d
China and Europe's EV fight just stepped up a notch
The EU imposed sweeping tariffs on Chinese
EV
companies ... who have taken
market
share from
European
automakers thanks to their lineup of cheap, high-tech EVs. Some Chinese players are now ...
1d
Kia sees near-term market challenges but sticks to 1.6 million annual EV sales target by 2030
South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but ...
11d
on MSN
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
4d
Chinese EV makers look to Africa as rivalry with US, Europe heats up
Chinese electric vehicle makers are opening flagship stores and assembly plants in Africa as they look to expand on the ...
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