The Volvo EX30 Leads The Way In South Africa As BEV Sales Go Up 35% In 2024

Credit to Author: Remeredzai Joseph Kuhudzai| Date: Tue, 28 Jan 2025 23:32:56 +0000

Sales of battery electric vehicles (BEV) breached the 1,000 units per year mark in South Africa for the first time ever in 2024. Last year, 1,257 BEVs were sold in South Africa, up 35% from 929 units sold in 2023. The Volvo EX30 led the way with 406 units, taking … [continued]

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Brazil EV Sales Report: Market Share Rises to 5.4% in December in PHEV-Dominated Market

Credit to Author: Juan Diego Celemín Mojica| Date: Tue, 28 Jan 2025 04:33:37 +0000

I know many of our readers are not too fond of plug-in hybrids (PHEVs), considering them an inferior solution to purely electric vehicles (BEVs), which, to be fair, they are. But modern PHEVs, with their all-electric ranges over 50 km and their hyper-efficient powertrains (some of which may get 2,000 … [continued]

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25% of New Car Sales in China Were 100% Electric in 2024!

Credit to Author: José Pontes| Date: Tue, 28 Jan 2025 03:53:07 +0000

Plugin vehicles in China once again ended the year with a record month, growing by 46% year over year (YoY) in the last month of the year to a record 1,379,000 units. Full electrics (BEVs) were responsible for 55% of the plugin market in December, 8% below the result of … [continued]

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USA EV Sales In 2024 — Up 7% Over 2023, 61% Over 2022, 166% Over 2021

Credit to Author: Zachary Shahan| Date: Mon, 27 Jan 2025 08:25:23 +0000

The US electric vehicle market did grow in 2024. It increased 7% over 2023, or by nearly 89,000 units. Compared to 2022, EV sales grew by 61%, or almost 492,000 units. Compared to 2021, EV sales grew by 166%, or more than 813,000 units. So, yes, the US electric vehicle … [continued]

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Tesla, Ford, & Chevrolet Lead US EV Sales — Charts

Credit to Author: Zachary Shahan| Date: Sun, 26 Jan 2025 08:15:09 +0000

US electric vehicle sales increased 14% in the 4th quarter of 2024 over the 4th quarter of 2023. It was pretty good growth for the EV market. Let’s dive in a little further to the details of EV sales in the quarter. We’ll start by looking at sales by model. … [continued]

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Solar, Wind, & Batteries Providing Texas with Tens of Billions of Dollars in Tax Revenue

Credit to Author: Zachary Shahan| Date: Sat, 25 Jan 2025 04:58:36 +0000

There’s a growing war on renewable energy, particularly in “red” districts and states in the USA. One of the things that is often bewilderingly forgotten by those attacking renewable energy is the enormous tax revenue (and overall economic benefits) solar, wind, and battery storage projects provide. A new report focused … [continued]

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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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