The auto industry ended 2023 with EV inventory of 113 days, compared with (a more common) 69 days for internal-combustion-powered vehicles, including hybrids. (All-electric Mercedes EQE pictured above ...
Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some ...
More Car-Shopping Americans Are Considering Making the Move to Electrics as Searches for New and Used EVs on Cars.com Have Increased 84%, With Middle America Jumping on the EV Bandwagon CHICAGO (March ...
EV sales not only increased in 2023 overall, but they were higher than 2022 levels for every month of the year, according to the U.S. Department of Energy (DOE). Car sales are seasonal, and they ...
Rivian (RIVN) released its Q4 2023 earnings Wednesday, showing gross margin improvements over last year, but the numbers are down sequentially. Rivian also announced it will reduce its workforce by 10 ...
Every manufacturer needs their premium trim in the automotive industry. For Kia's 2023 EV range, that's the EV6. While it could be argued that it was worth more than its initial base price, what Kia's ...
A high tide is, indeed, lifting all ships, as a growing EV market means that a large number of automakers sold more vehicles in the first half of 2023 than they did a year ago. Despite growing sales ...
Electrifying the car market may be getting more difficult, with the share of Americans who say they’re “very unlikely” to consider an EV for their next vehicle purchase growing in each of the first ...
In 2024, the world sold 3.5 million more EVs than it did in the previous year, according to a new report by Rho Motion. This increase is larger than the 3.2 million increase in EV sales from the ...
Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV ...