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Global electric car sales records for November 2020 up 133% YoY reaching 5.9% share. Europe sales up 198% YoY reaching 16% share, China sales rose 138% YoY reaching 8.6% share. EV market news - Goldman Sachs believes EV adoption is accelerating. Apple reportedly plans to launch an ele...
BAIC Motor's financial performance in 3Q 2020 was disappointing, with net profit down -21% YoY at RMB674 million in the most recent quarter. The company could see continued losses for Beijing Hyundai and Beijing Brand, and there is a risk that its equity interest in Beijing Benz could...
Volkswagen has a portfolio of personal transport BEV vehicles well-defined and with release dates announced. The company is sharpening its BEV focus, which might mean jettisoning luxury performance ICE brands Bugatti and Lamborghini. Toyota continues to plan a future of cars with ...
As the market recovers, China’s sales of SUVs, minivans and sedans rose by double digits in November but were below pre-pandemic levels for the year. Sales rose 11.6%Y/Y to 2.3M, according to the China Association of Automobile Manufacturers.Total vehicle sales, including trucks and bu...
Global electric car sales for Oct. 2020, up 127% YoY (fastest growth in 8yrs) at 4.9% share. Europe sales up 195% YoY reaching 13% share, China sales rose 120% YoY. EV market news - Biden's pro-EV sector policies. UK bans sales of new gas & diesel cars from 2030. USA Zero Emission...
Vehicle sales in China including trucks and buses rose 12.5% Y/Y in October as the industry recovered from the coronavirus. However, the sales were down from September’s 17.4%. Sales in the biggest global auto market surged to 2.6M. Passenger vehicle sales rose 9%, with some autom...
Record global electric car sales for Sept. 2020, up 91% YoY, with 4.9% market share (3.4% YTD). Europe sales surged 166% YoY reaching 12% share, China sales rise 66% YoY. EV market news - New Jersey follows California in banning gas car sales by 2035. China sets sights on global EV do...
As market revives, China’s vehicle sales rose 12.8% Y/Y to 2.57M vehicles, up from August’s 11.6% growth, according to the China Association of Automobile Manufacturers ((CAAM)).Sales of passenger vehicles rose 8% for the month.For the first nine months, sales declined 6.9% Y/Y ...
Global electric car sales for August 2020 were up 58% YoY, with 3.8% market share (3.1% YTD). Europe electric car sales surged 171% with 11% market share in August. Wow! EV market news: California to ban new gasoline cars by 2035. Tesla Battery Day numbers were mind blowing. Forbe...
China's auto market is expected to grow only slightly in the next five years, according to the China Association of Automobile Manufacturers (CAAM). More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Consumer stocks news Read more ...
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Yihang Duan, CEO of World Go Luxury Car Rental DIAMOND BAR, CA, May 9, 2020 - (ACN Newswire) - Yihang Duan is an exemplary millennial entrepreneur. Born in China and residing in the United States, Yihang has found experience wherever he explored and used this wisdom to create new business ve...