Electric Cars on the Rise (for now, abroad) In Norway, BEVs accounted for nearly all car sales in 2024 (89%), and in China, electric vehicle sales are expected to surpass those of internal combustion engine vehicles for the first time in 2025. Now, interesting news is also coming from the UK. Here, BEVs made up 25% of the overall market in 2024 (with a 58% growth over the year, driven by incentive policies and significant manufacturer discounts), solidifying the UK as the second-largest market in Europe for new BEVs by volume. (Source: UK Society of Motor Manufacturers and Traders) Read the news https://lnkd.in/d5hW7hih #ElectricVehicles #EVMarket #FutureOfMobility #BEV #GlobalTrends
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There are more than 15 types auto data on Global NEVS website. For example, you can find monthly PV sales of 50+ countries at global sales section. Are you curious about which countries BYD or Toyota sells passenger cars in, and how many sales in each country? The picture below is a sample for you. You can find more details on Global NEVS website. Register for free and experience our services: https://lnkd.in/gzCDaFKw #GlobalNEVS #NewEnergyVehicles #NewEnergy #DataAnalysis
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Consumer Reports has released its "14 Best EV Buys in 2024" list, highlighting the dominance of Korean and German automakers in the electric vehicle market. The BMW iX topped the list with a score of 84/100, followed by the Hyundai Ioniq 6 and BMW i4 tied for second place. Notably, Hyundai/Kia group and German manufacturers like BMW and Audi accounted for over two-thirds of the top-ranked EVs. The study evaluated around 50 electric vehicles based on performance, range, comfort, and quality. Interestingly, some EVs fell short of their EPA-rated range by up to 50 miles, while others exceeded their claims. This ranking demonstrates the competitiveness of South Korean and German automakers in the EV space. https://lnkd.in/gzExjZ4W #ElectricVehicles #ConsumerReports #BMWiX #HyundaiIoniq6 #KiaEV9 #EVRankings #GermanEVs #KoreanEVs #SustainableMobility #EVPerformance #AutoIndustry #CleanEnergy #FutureOfTransport #EVAdoption #BatteryRange #TeslaModelY #AudiEtron #PorscheTaycan #GlobalEVMarket #EVInnovation
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Hyundai Motor achieved a record profit of 4 trillion won in Q2 2024, driven by strong sales of premium SUVs and hybrids in the US. This success contrasts with a decline in the South Korean market. Looking ahead, Hyundai plans to expand its hybrid vehicle lineup to navigate potential shifts in US policies post-election. The company's strategic focus on hybrids reflects growing consumer demand and prepares for potential changes in electric vehicle regulations. https://lnkd.in/g_hAuPh7 #Hyundai #HybridVehicles #ElectricVehicles #EV #USMarket #AutomotiveIndustry #SustainableMobility #GreenTech #HyundaiMotor #IONIQ #SUV #AutoSales #InflationReductionAct #USAutoMarket #HybridGrowth #EVPolicy #KoreanAutomaker #Q22024 #RecordProfit #FutureCars
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AUTOMOTIVE INDUSTRY: APRIL 2024 PASSENGER CAR REGISTRATIONS IN EUROPE GREW +13.7% YOY. All major markets enjoyed growth in April. EV market shares: HEV: 29.1% PHEV: 6.8% BEV: 11.9% Below is the latest report just released by the European Automobile Manufacturers' Association (ACEA). #autosales #carsales #vehiclesales #vehicleregistrations #carmarket #newcarmarket #market #marketsegments #segments #segmentleaders #consumer #consumerbehavior #buyingbehavior #alternativeenergy #alternativeenergyvehicles #ev #evs #bev #bevs #hev #hevs #phev #phevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #outlook #2024outlook #europe #europeanunion #eurozone
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AUTOMOTIVE INDUSTRY: U.S. CAR MARKET PROJECTIONS FOR Q3 2024. EV SALES TO GROW +8% YOY WHILE UNCERTAINTIES REMAIN. As the quarter quickly comes to its end, Cox Automotive Inc. have released their projections for Q3 with many valuable insights. #carmarket #newcarmarket #autosales #autodealers #dealerships #vehiclesales #vehicleregistrations #usedcarsales #evsales #evadoption #consumer #consumersentiment #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #alternativeenergy #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #Q32024 #Q32024results #outlook #2024outlook #usa #unitedstates #america
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AUTOMOTIVE INDUSTRY: APRIL 2024 PASSENGER CAR REGISTRATIONS IN EUROPE GREW +13.7% YOY. All major markets enjoyed growth in April. EV market shares: HEV: 29.1% PHEV: 6.8% BEV: 11.9% Below is the latest report just released by the European Automobile Manufacturers' Association (ACEA). #autosales #carsales #vehiclesales #vehicleregistrations #carmarket #newcarmarket #market #marketsegments #segments #segmentleaders #consumer #consumerbehavior #buyingbehavior #alternativeenergy #alternativeenergyvehicles #ev #evs #bev #bevs #hev #hevs #phev #phevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #outlook #2024outlook #europe #europeanunion #eurozone
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AUTOMOTIVE INDUSTRY: U.S. CAR MARKET PROJECTIONS FOR Q3 2024. EV SALES TO GROW +8% YOY WHILE UNCERTAINTIES REMAIN. As the quarter quickly comes to its end, Cox Automotive Inc. have released their projections for Q3 with many valuable insights. #carmarket #newcarmarket #autosales #autodealers #dealerships #vehiclesales #vehicleregistrations #usedcarsales #evsales #evadoption #consumer #consumersentiment #ev #evs #bev #bevs #electricvehicle #electricvehicles #electricmobility #emobility #greenmobility #sustainablemobility #urbanmobility #smartmobility #futuremobility #newmobility #mobility #automotive #automotiveengineering #automotivetechnology #automotiveindustry #alternativeenergy #innovation #technology #emissions #emissionscontrol #emissionsreduction #zeroemissions #zev #decarbonization #Q32024 #Q32024results #outlook #2024outlook #usa #unitedstates #america
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Battery electric vehicles (BEVs) hit a major milestone last month, with registrations surging by 58.4% to account for 25.1% of all new car sales – their best market share since December 2022. Despite a -1.9% drop in overall new car registrations, BEVs continue to buck the trend, driven by strong manufacturer incentives. Stats taken from of Society of Motor Manufacturers and Traders (SMMT). #electricvehicles #evcharging #seewhatspossible
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#German new-car market surges as PHEVs and diesels dazzle - A total of 243,082 new cars took to German roads in April, according to Autovista24 powertrain calculations based on data from the Kraftfahrt-Bundesamt (KBA). This equated to a growth of 19.8% compared to the same month last year. - April 2024 marked the month’s best performance in five years, and the market’s biggest year-on-year growth since August 2023. - Benefitting from three more working days, every powertrain enjoyed growth last month, apart from battery-electric vehicles (BEVs). This follows a poor performance in March, where all technologies declined. Read the full analysis https://lnkd.in/eHWfQe_H #sales #automotiveindustry #GermanNews #NewCars #EVs
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