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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 glob...
2024-04-07 04:43:13 ET Summary Global electric car sales Feb. 2024 up 3% YoY to 13% share. China sales down 9% to 33% share. Europe up 10% to 20% share. USA up 11% to 8.8% share.1. EV market news - Biden administration cracks down on gasoline-fueled cars. India cuts import taxes o...
2024-03-06 11:52:43 ET Summary Global electric car sales Jan. 2024 up 63%YoY to 16% share. China sales up 95% to 32% share. Europe up 26% to 20% share. USA up 19% to 9.8% share. EV market news - Adamas Intelligence: What electric car slowdown? Global EV industry is breaking record...
2024-01-03 13:00:23 ET More on electric vehicle stocks BYD Was Impressive In Q4 2023 But Work Remains Tesla Stock: When Will This Hype Bubble Burst? (Rating Downgrade) NIO: Returns On Battery Swap Can Take Their Time Tesla's China-made EV sales surged in Dece...
2023-11-08 07:40:23 ET More on BYD and Tesla Tesla Is No Longer A Growth Stock Asia Increasingly Important As Tesla Transitions Away From Being An Auto Company BYD A Global Force In Battery EVs, Aimed Toward Greater Dominance Automakers are not making afforda...
2023-07-11 13:43:45 ET Automobile sales in China rose 4.9% year-over-year in June to 2.62M for the broad category that includes passenger and commercial vehicles, according to the China Association of Automobile Manufacturers. However, monthly retail sales fell 2.8% during the month. New en...
China's auto industry faces numerous short-run and long-run headwinds; NEVs will not be exempt. it is foolish to project recent growth beyond the next year. As the market matures, the action is shifting from micro- and midsized-vehicles (A00 and B segments) to A segment compact sedans...
China is reportedly talking to automakers about extending subsidies for electric vehicles once again. The subsidies were originally set to be phased out by the end of 2020 before the pandemic hit and the Ministry of Information and Industrial Technology extended them for 2021 and 2022. The su...
Over the years, China has gradually peeled back limits on foreign ownership in the domestic auto industry, but it's now hitting the accelerator. Beginning Jan. 1, 2022, the country is pulling out all the stops to investment in the sector, allowing full foreign ownership of local passenger car...
Chinese electric vehicle stocks are higher after deliveries reports for November show strong demand with XPeng (NYSE:XPEV), Nio (NYSE:NIO) and Li Auto (NASDAQ:LI) all posting triple-digit gains compared to last year. Of note, Shanghai-based analyst say young drivers in the nation are increasi...
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Despite the cessation of production in Russia in 2022, Russian partners have reportedly teamed up with a Chinese counterpart to continue producing ...