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home / news releases / ev company news for the month of april 2024


MMTOF - EV Company News For The Month Of April 2024

2024-05-07 11:56:20 ET

Summary

  • Global electric car sales March 2024 up 3% YoY to 13% share. China sales up 29% to 43% share. Europe up 10% to 20% share. USA up 19% to 9.39% share.
  • EV market news - EVs dominate the Beijing Auto Show 2024. IEA report: More than 1 in 5 cars sold globally this year will be electric.
  • EV company news - BYD names its 1st pickup truck BYD Shark. Tesla plans to unveil its Robotaxi service on August 8 and will accelerate the launch of new models.
  • Kia America's fully electric vehicles sales increase 144% YoY. Li Auto is the first Chinese 'emerging' new energy automaker to reach a milestone of 700,000 cumulative deliveries. Xiaomi is selling more EVs than expected, delivers 7,058 cars in April, locked-in orders reach 88,063 units.

Welcome to the April 2024 edition of Electric Vehicle [EV] company news.

The past month was the usual busy month for news and included the arrival of the Beijing Auto Show 2024 where EVs dominate the show. We also saw the release of the IEA Global EV Outlook 2024 report.

Plugin electric car sales as of end March 2024

Global plugin electric car sales were 830,000 in March 2024, up ??3% on March 2023 sales. Global plugin electric car market share in March was 13%, and 14% YTD.

China plugin electric car sales were 743,000 in March 2024, up 29% on March 2023 sales. Plugin electric car market share in China for March was 43%, and 39% YTD.

Europe plugin electric car sales were 202,000 in March 2024, up 10% YoY, reaching 20% market share and 20% YTD. Norway reached 91.5% share, Sweden 58.1% , Netherlands 35% (not updated this month), Germany 18% , France 27.9% , and UK 22.9% in March 2024....

For further details see:

EV Company News For The Month Of April 2024
Stock Information

Company Name: Mitsubishi Motors New
Stock Symbol: MMTOF
Market: OTC

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