Tag: Market
Auto Trader reports increase in new car views, and a meteoric rise for Honda’s e:NY1
Honda's e:NY1 skyrocketed from 254th to 7th most in-demand new car, leading the electric vehicle market.Auto Trader reports a 20% increase in advert views and a 21% rise in physical stock since January.e:NY1’s popularity...
Roland Berger consultancy lowers its global BEV market share prediction in response to global challenges
Roland Berger revised its 2030 global BEV market share forecast to 25-45% due to economic and market challenges.Key obstacles include geopolitical tensions, supply chain issues, and political divisions affecting U.S. adoption rates.Despite challenges, strategic...
The EU Commission’s tariffs on China’s EV imports face slight amendments amongst industry backlash
EU Commission announced provisional tariffs on China's EV imports effective from July 5, pending ongoing negotiations with Beijing.Tariffs range from 19.9% to 47.6%, including a 20.8% special duty for cooperating manufacturers in the subsidy...
XPeng reports continued growth as deliveries rise 24% compared to 2023
XPeng delivered 10,668 Smart EVs in June 2024, up 24% year-over-year and 5% from the previous month.The XPeng X9 contributed 1,687 units, totaling 13,143 since launch, leading in China's electric MPV and three-row segments.XPeng...
Polestar makes meteoric moves as it makes key management changes to lead the brand into seven new markets
Polestar is expanding into seven new markets, including France, the Czech Republic, Slovakia, and Brazil.Anders Gustafsson becomes Head of North America, while Matt Galvin succeeds Jonathan Goodman as UK Managing Director.Polestar aims to capitalize...
XPENG reveals impressive 33% boost in deliveries for April 2024
XPENG delivered 9,393 EVs in April 2024, up 33% from last year.The X9 MPV reached nearly 10,000 units delivered since its launch.XPENG introduced advanced AI innovations at the Beijing Auto Show 2024, including XOS...
IEA’s Global EV Outlook: Electric vehicles will capture over 20% of the automotive market in 2024
IEA's Global EV Outlook predicts significant growth, with China, Europe and the US booming in electric car adoption by 2030.Electric vehicles are set to capture over 20% of the global market share in 2024.Challenges...
Introducing the Auto Trader EV Hub, the one-stop-shop for emobility insights
Auto Trader UK launches the EV Hub for industry pros in the dynamic electric vehicle market.The hub simplifies decision-making with insights on new and used EVs, market dynamics, and pricing trends.Regularly updated, it includes...
BYD expected to overtake Tesla in 2024 as the global electric vehicle market evolves
Analysts predict BYD to top Tesla in 2024 BEV sales after strong Q4 performance.Top 10 companies hold 65% market share, with Tesla at 19.9%, BYD at 17.1%.Despite slowing growth, BYD's global expansion and Tesla...
