China Accounts for 60% of World EV Sales Now, And Why

Credit to Author: Zachary Shahan| Date: Fri, 24 Jan 2025 04:49:07 +0000

China has gone from about half of world electric car sales to 60% of world electric car sales. Or, actually, it started off well below 50% of world EV sales a handful of years ago. While China’s EV sales surged more than ever in 2024, the fact is this has … [continued]

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U.S. EIA Extends 5 Key Energy Forecasts through December 2026

Credit to Author: US Energy Information Administration| Date: Thu, 16 Jan 2025 04:44:57 +0000

In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through December 2026, we forecast five key energy trends that we expect will help shape markets over the next two years. Electricity consumption will start growing, driven by new demand sources After almost two decades of relatively little … [continued]

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Colombia EV Sales Report: EVs Grow 159% YoY, Reach Record 8.5% Market Share in December!

Credit to Author: Juan Diego Celemín Mojica| Date: Wed, 15 Jan 2025 23:12:50 +0000

After years of EVs being priced well above their thermal competition, the arrival of a veritable armada of competitively priced EVs in Colombia (most, but not all, being Chinese) has resulted in the obvious consequence: people are buying them in droves. Record after record has been placed since October, with … [continued]

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This Is What’s Driving Growing EV Sales & Competitiveness

Credit to Author: Zachary Shahan| Date: Mon, 13 Jan 2025 23:25:01 +0000

As we’ve seen now, electric vehicles had healthy sales growth in 2024. Many companies actually had spectacular EV sales growth. Without a doubt, policies in certain countries help with this — because they force companies to actually try, and to be willing to produce and sell higher volumes of electric … [continued]

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EVs Take 23.4% Share In Germany – Disappointing Year For EV Transition

Credit to Author: Dr. Maximilian Holland| Date: Sat, 11 Jan 2025 12:07:25 +0000

December saw plugin EVs take 23.4% share in Germany, down from 30.0% share YoY. BEV volume was sharply down YoY in a hold-back ahead of tighter 2025 emissions regulations. Overall auto volume was 224,721 units, down 7% YoY. The bestselling BEV in December was the Tesla Model Y. The December … [continued]

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More than 25% of Americans Would Consider Selling Their Home to Buy a Tesla Home

Credit to Author: Zachary Shahan| Date: Fri, 10 Jan 2025 19:44:43 +0000

I’m writing one more article about the results of a survey conducted by JW Surety Bonds. I already wrote about the finding that 1 in 4 Americans won’t touch Tesla products due to Elon Musk, as well as findings related to Tesla robotaxis, and robotaxis more broadly. But there’s an … [continued]

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25% of Americans Avoiding Tesla Tech Because of Elon Musk

Credit to Author: Zachary Shahan| Date: Fri, 10 Jan 2025 17:01:41 +0000

Three things are no secret: 1) Elon Musk benefits more than any other individual from Tesla’s success, 2) Elon Musk has gotten extremely involved in political matters (emphasis on “extremely”), and 3) many people won’t buy Tesla products because of those first two facts. New research from JW Surety Bonds … [continued]

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EVs At 29.6% Share In France — Renault 5 Poised For The Lead?

Credit to Author: Dr. Maximilian Holland| Date: Thu, 09 Jan 2025 13:09:18 +0000

December’s auto market saw plugin EVs at 29.6% share in France, down from 30.1% year on year. BEVs lost volume YoY, in a hold-back ahead of tougher emissions requirements in 2025. PHEVs and plugless HEVs both saw YoY growth. Overall auto volume was 183,661 units, up 1.5% YoY. The Tesla … [continued]

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Survey Shows Significant Differences in EV Life & Interests in China, Germany, & USA

Credit to Author: Zachary Shahan| Date: Wed, 08 Jan 2025 20:40:10 +0000

Looking through Deloitte’s 2025 Global Automotive Consumer Study more closely today, some things jumped out at me on differences between the Chinese, German, and US EV markets. We already covered the obvious one from China being a more mature EV market — many more people plan to buy a BEV … [continued]

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EVs Take 40.0% Share In The UK — ZEV Credits Changing Hands

Credit to Author: Dr. Maximilian Holland| Date: Wed, 08 Jan 2025 10:44:45 +0000

December’s auto market saw plugin EVs take 40.0% share in the UK, up from 28.7% year on year. BEVs grew strongly to meet the 2024 ZEV mandate before the year closed out. Overall auto volume was 140,786 units, flat YoY and well below pre-2020 norms. The UK’s leading BEV brand … [continued]

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