The German plug-in electric vehicle (PEV) market started the year on fire, jumping 128% year over year (YoY), to a record 16,131 registrations. That smashed the previous record (12,026 units) set last October, so it seems the German locomotive has (finally) been set in motion
The Global e-Mobility Funding Report for the third quarter of 2019 showed a total of $2.7 billion raised by 45 electric vehicle (EV) companies across the world. This funding amount is even higher in reality since another 18 EV-related companies didn’t disclose any financial details
With a sales rush in the last days of 2019, one would imagine January would bring a big hangover for the plug-in vehicle market. But turns out, it hasn’t. Yes, the Dutch plug-in market was down 2% year over year (YoY), to 3,184 registrations, but because the overall market fell even more (-6% YoY), the plug-in vehicle (PEV) share (7.2%, 4.3% for fully electric vehicles alone) actually grew compared to 12 months ago (6.9% in January 2019). So … why is this happening
The first 3,000 Audi e-tron buyers* in the US after February 3 are getting a 10-year subscription to solar power for their electric driving, according to a press release from Audi. The German automaker has partnered with Arcadia** to provide the clean energy bonus. The subscription is completely free for the consumer
January saw fossil fuel passenger vehicle sales plummet in Sweden by almost 40% year on year, with diesels more than halved, as plug-in vehicle market share climbed to over 30%. Sweden’s auto industry organization expects 30% to be maintained through the full year of
Tesla now has as high a market cap that is nearly as large as BMW and VW combined. An article by Spiegel noted a few days ago that Tesla [TSLA] had surpassed the two, but the stock has dropped a bit since then. Nonetheless, it’s still close.
Europe’s largest auto market, Germany, saw January fossil fuel vehicle sales drop by over 15% year-on-year, with gasoline vehicles alone down over 17%. Meanwhile, EVs increased their market share to 6.5% from 2.5%. Europe’s big five markets are now at a combined 6.0% EV market share. What progress will full year 2020 bring overall
The Tesla Model 3 is the Usain Bolt of the electric vehicle market. It is far and away the most popular electric vehicle in the world. In fact, it had nearly 3× as many sales last year as the 2nd best selling electric vehicle (EV), and it accounted for ~4× as many sales as the 3rd best selling EV, the Nissan