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Global electric car sales records for Dec. 2020 up 105% YoY reaching 6.9% share. Europe sales up 264% YoY reaching 23% share, China sales rose 12% YoY reaching 9.4% share. EV market news - "The electric car future is finally taking off." BNEF -EV sales to surge 60% in 2021. Biden vows...
Kia Motors America (KIMTF) units sales rose 11.4% Y/Y to 44,965 in January.Light trucks – Niro, Soul, Seltos, Sportage, Sorento, Telluride and Sedona – accounted for 66.7% of total volume, up 18.3% Y/Y."After outpacing the industry in historic fashion in 2020...
Shares of Hyundai Motor (HYMLF) affiliate, Kia Motors (KIMTF) jumps 10% in South Korea following a local media report that Apple (AAPL) will invest KRW4T ($3.6B) as part of a collaboration with the carmaker to build electric vehicles ((EV)), source Reuters.South Korean daily newspap...
According to Edmunds, EV sales were 1.9% of total retail sales in the U.S. in 2020 and expect this number to grow to 2.5% in 2021."After years of speculation and empty promises, 2021 is actually shaping up to be a pivotal year for growth in the EV sector," said Jessica Caldwell, Edmunds'...
Kia Motors (KIMTF): Q4 Net income of KRW977B (+182% Y/Y).Revenue of KRW16.911T (+5.0% Y/Y).Press Release For further details see: Kia Motors reports Q4 net profit growth of 182%
Commercial vehicle registrations in the European Union slightly fell 4.2% to 170,122 units in December, followed by +0.1% in November.Registrations increased in Germany by 4.7% and Spain +2.3% while the Italian markets contracted 9.4% and French -2.1%.For FY2020, commercial vehicle ...
During the infamous year 2020, with all its distortions and shifts, automakers delivered 14.46 million new vehicles in the US, retail and fleet combined, down 15.4% from 2019, the largest year-over-year percentage decline since 2008 (-18%). General Motors, the largest automaker in US ...
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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...