EV sales

Tesla Inc. (NASDAQ:TSLA) sales fell 49% YoY in Europe for April as Elon Musk's EV giant continues to grapple with global challenges. What Happened: The company sold 7,261 units in Europe for April, almost half of the 14,228 units it sold last year during the same time, ACEA data showed on Tuesday....

In a recent report by market research firm Rho Motion, global electric vehicle (EV) sales experienced a significant increase of 31% in 2023 despite a slowdown in growth. What Happened: Sales of fully electric vehicles and plug-in hybrid vehicles (PHEVs) rose by 31% last year, a deviation from the...

On Monday, China Passenger Car Association (CPCA) released November sales and delivery figures. While Tesla Inc (NASDAQ: TSLA) China-made EVs tanked as much as 17.8% YoY, its biggest rival BYD Company Limited (OTC: BYDDY) set another record in passenger vehicle...

The U.S. EV market is experiencing its first growing pains. Even the EV king, Tesla Inc (NASDAQ: TSLA), the world's top seller EV seller, is struggling with bloated inventory which led it to discount its EV prices at the beginning of the year, along with introducing deals on Supercharger miles...

NIO Inc – ADR (NYSE:NIO) issued mixed first-quarter results Friday, showing a decrease in gross vehicle margins, and a net loss increase. What does it mean for other Chinese players in the EV industry? By The Numbers: NIO reported the loss of 36 cents per share, down from a 13-cent loss in...

July was another strong month for EV sales. In Norway, where all-electric cars make up almost two-thirds of all new registrations, new EV sales were up 33% more than a year ago. Porsche Automobile Holding (OTC: POAHY) revealed it sold 45 Taycans in July, bringing its year-to-date total to 414...