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This article first appeared on trend Investing on November 23, 2019; therefore all data is as of this date. H2 2019 has seen global electric car sales suffer their first bout of weakness after ~5 years of a strong sales boom. Most of the boom was led by China, and the recent slowdown is al...
This article first appeared in Trend Investing on November 20, 2019; therefore, all data is as of this date. Europe and China will lead the way in reducing vehicle emissions in 2020, as governments tighten emission standard rules. In Europe, fines could reach 34 billion euros (~US$37.5...
November domestic sales of five Korean automakers down 2.5% YoY to 136K units Korea's five automakers’ November domestic sales totaled 136K units (-2.5% YoY, +1.1% MoM). Domestic sales remained brisk led by new models such as Grandeur F/L, Palisade, Sonata, K7, Seltos, and Mohave. The...
Welcome to the November 2019 edition of Electric Vehicle company news. November saw October global electric car sales fall again as the China sales contraction pulled down global sales. Again Europe was the bright spot with sales up 46% in October. The big news this month is the big ICE ma...
Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more ...
Electric vehicles (EVs) have been the next big thing in transportation for nearly a decade, but they're still a bit player in the auto market. According to a report by McKinsey & Company, despite 63% year-over-year growth, EVs were just 2.2% of the global auto market in 2018. In 2020,...
Steel: Neutral; top picks POSCO ( PKX ), Hyundai Steel, Korea Zinc We do not expect investor sentiment to improve dramatically as global demand remains in the low-growth phase and steel prices are expected to decline due to raw material price weakness. However, we believe the supply-dema...
October domestic sales of five Korean automakers down 3.3% YoY to 135K units Five Korean automakers' domestic sales were as follows: 135K units (-3.3% YoY, +20% MoM). Amid expectations for an extension of consumption tax benefits, domestic sales remained solid, led by new models. Hyundai Mot...
Welcome to the October 2019 edition of Electric Vehicle [EV] company news. October saw September global electric car sales fall again, let down by China and the USA; suggesting lower subsidies, the trade war, and the global slowdown is hurting electric car sales. On a brighter note Europe sale...
Kia Motors America ( OTCPK:KIMTF ) units sales rose 10.9% to 50,007 in Ocotber. More news on: Kia Motors Corp., Consumer stocks news, Read more ...
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A survey conducted by JD Power on customer satisfaction among first-time electric vehicle (“EV”) owners revealed Tesla (NASDAQ: TSLA) , Ford (NYSE: F) and Kia (OTC: KIMTF) were their top choices. EV technology has been present for a while; however, its adoption has been ...
Electric vehicles (EVs) have been the next big thing in transportation for nearly a decade, but they're still a bit player in the auto market. According to a report by McKinsey & Company, despite 63% year-over-year growth, EVs were just 2.2% of the global auto market in 2018. In 2020,...
Asia is where the electric vehicle boom is well and truly underway: China is the world’s biggest market for EV cars in sales , while Japanese brands are in the vanguard of EV technology . Over a million EVs were sold in China in 2018 — more than double the amount so...