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Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips If there’s one thing tech investors love, it’s a good old-fashioned fistfight. Right now, the most gnarly fight in the market is in the Electric Vehicle (EV) space. No sooner has the market celebrated the inc...
Global electric car sales for May 2021 were up 199% YoY reaching 6.6% share. Europe sales rose 158% YoY reaching 16% share, China sales rose 146% YoY reaching 12% share. EV market news - EVs a $7 trillion market opportunity to 2030. BNEF 2021 EV report forecasts 70% electric cars by 2...
The largest vehicle segment globally, and next after pickup trucks in the U.S., is the compact SUV, which has been led by the Toyota RAV4 in recent years. In the first quarter of 2021, Honda, Nissan, Kia+Hyundai and Ford all grew much faster than the segment’s 20% average, wher...
Commercial vehicle registrations in the European Union increased 51.3% to 165,363 units in May, followed by +179.2% in April.Spain saw the highest growth with +89.6%, followed by Italy +51.3%, Germany +46.4% and France +28.4%.On YTD basis, commercial vehicle registrations ...
SAIC Motor is the 7th ranked global automaker by revenue in 2020. SAIC is leading the move towards electric vehicles and using this advantage to expand overseas. The majority of SAIC's revenues come from passenger and commercial vehicle sales followed by auto parts sales. The vast maj...
Audi becomes more BEV-focused and phasing out new ICE developments. The GM and Ford moves into BEV production are beginning to take shape. They aren’t modest developments. Toyota still held back by Chairman Akio Toyoda talking down BEVs. Of the ICE manufacturers making ...
Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share. EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and...
Commercial vehicle registrations in the European Union expanded 179.2% to 171,283 units in April, followed by +95.3% in March.Low sales in April 2020 due to pandemic was the main reason for this triple digit growth.Three of the major EU markets posted triple digit growth in April, Italy ...
Lamborghini received an unsolicited bid of €7.5B from a consortium with connections to Ferdinand Piech, according to Reuters.Notably, Piech was the chairman of the executive board of Volkswagen Group from 1993 to 2002 and the chairman of the supervisory board of Volkswagen Group from 2...
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Aluminum is an important industrial metal used in a wide range of applications and considered a critical metal to economies around the world. Aluminum is one of the Earth’s most abundant metals and is produced from cryolite and bauxite mining. This is because the two ...