India’s 2030 EV plan is to make India a 100% EV country by the year 2030. This journey may be one of the most ambitious conversions the world has ever seen. We ask if the country will achieve this lofty target.
The Swedish electric vehicle market: A wattEv2Buy analysis of Sweden EV Sales for H1 2017 and show the best and worst brands and models for this semester.
The Chinese New Energy Vehicle market: A wattEv2Buy analysis of China EV Sales for H1 2017 and show the best and worst brands and models for this semester.
Summary of EV sales in Norway H1 2017, unpacking the Top brands, Best and Worst Models and how the battle between BEV & PHEV technologies play out.
Summary of USA EV Sales H1 2017, unpacking the Top brands, Best and Worst Models and how the battle between BEV & PHEV technologies play out.
In this week’s blog series on introducing Chinese electric car brands, we look at BAIC and its sub-brand BJEV ( #BAIC #BJEV ).
How successful is the Chinese New Energy Vehicles Program? The State Auditor found that 45% of Chinese EV makers sold less than 500 models per year.
Traum Auto, another new vehicle brand chasing the Chinese dream. The latest brand is from the Zotye stable officially launched on the 27th of June 2017.
In this week’s blog series on introducing Chinese electric car brands, we look at Thunder Power Holdings ( #ThunderPower ).
It has become a trend in recent times for countries to incentivise their citizens to buy electric vehicles, we list the Top 4.
In this week’s blog series on introducing Chinese electric car brands, we look at Guangzhou Automobile Group (#GAC Motors).
VW and JAC create electric vehicle joint venture for China over a 25 year period, with the first mass market electric vehicle expected in 2018.
In 2012 SAAB, the failed Swedish vehicle manufacturer was acquired by a group of Chinese shareholders and rebranded as NATIONAL ELECTRIC VEHICLES SWEDEN (NEVS). Now, five years later, the company is finally unveiling a concept if its much anticipated electric vehicle.
China’s electric car sector is known for its ugly models, most are either bad clones of other brands, such as the Tesla Model S clone the Youxia Ranger X.
Recently the Chinese Government embarked on a program to clean up the EV sector and halting development of new combustion plants.
At this rate, Germany is expected to surpass its 2016 record with about four months to spare, a great achievement for the electric vehicle sector, boding well for global EV sales in 2017.
Top 10 EV Countries Q1 EV sales – USA beats China. wattEV2Buy dissect EV sales for Q1 2017 in the top 10 countries by make and model.
Be warned Big Auto, the China EV strategy is to dominate! The Chinese Government is gearing the local EV sector to dominate the world’s Top 10 EV brands.
EV sales for 2017 kicked off rather poorly in January with a disappointingly low 7,000 units. The Chinese holiday season and the regulatory clampdown on the abuse of EV subsidies were blamed for the lackluster sales.
A deeper analysis of the UK electric vehicle sales showed a significant rise of the Battery Electric Vehicle (BEV) component, rising 34%, or around 800 units in March from the year before.
German EV sales sky-rockets 77% year-on-year in Q1 2017. Most model ranges saw nearly a doubling of sales with BEV beating PHEV sales.
There were 2,250 more electric vehicles sold in Norway than during the same period in 2016, resulting in a 20.2% increase year-on-year. Norway is the darling of the EV sector and is targeting 100% EV ownership by 2025.
The Chevrolet Bolt’s performance was rather disappointing, with sales dropping from a January high. The reason can be one of two, either GM’s slow roll-out is to blame, or most buyers are waiting for the Tesla Model 3.
The large Chinese Internet company, with holdings in various electric vehicle companies, have acquired a significant stake in Tesla. The acquisition was made by accumulating stock over time.
For long most respondents to such surveys cited range as overarching reason for not buying an EV. The considerably high percentage of respondents that considers buying an EV also dispell the notion by most auto manufacturers that there is not significant demand for such vehicles.
LeEco, now known for overpromising and massively under delivering, claimed that its premium car, the Faraday Future FF91, is a “Tesla Killer.” LeEco unveiled the FF91 “Tesla Killer” at the 2017 CES in Las Vegas along with the LeSee concept electric vehicle.
Surprisingly, at closer inspection, PHEV’s are gaining on BEV’s in the majority of the Top 10 EV markets. In our study below we compare the proportion of BEV’s to PHEV’s in the Top 10 EV markets by plotting all EV’s sold from the start of the decade to EV’s sold since 2016, when most automakers changed their electric vehicle strategies.
February sales nearly tripled, with the new-comers the BAIC EC180 EV and SAIC Roewe eRX5 PHEV causing much of the stir. The SAIC Roewe SUV PHEV, introduced in the second half of 2016 is known as the Alibaba Connected Car, running Alibaba’s YunOS software, making the RX5 the world’s first internet car.
Sales of the Top 10 Electric Vehicle Brands constitute 65% of all electric vehicle (EV’s) sales, and for the Top 10 BEV list, 85% of all pure electric or Battery Electric Vehicles (BEV’s) are from the Top 10 Brands in the segment. However, the trend on both lists is on the decline as more and more brands participate in the market.
The disruption caused by the threat of electric vehicles is finally hitting home. In no other week has pushback by the proxies of the affected parties been so prominent than the past week.
For an individual to reach the top 50 position on the Forbes list from vehicle manufacturing was only possible if your parents left you a trust fund with a bunch of 100-year-old stock in a big brand.
The Chinese Government has called for comments on a proposal to invite foreign automakers to manufacture in the country.
Tesla voted the consumers darling in the Consumer Reports Annual Owner Satisfaction Survey with 91% Tesla owners responded with a “Definitely yes” when asked if they will buy the brand again.
When you bear in mind that Chinese companies alone produced in excess of 112,000 electric buses in 2015, a year-on-year increase of 315%, this is a sector which is often overlooked. We have the UK authorities looking to increase the number of electric buses on the road, the Helsinki government announcing the introduction of self-driving electric buses and now the likes of Tesla moving into areas such as electric trucks and maybe even electric buses at some point? High visibility helps the EV industry Over the years one of the main problems for the electric car market has been reluctance
In what is perhaps the worst kept secret in the electric car industry, Apple is looking to introduce its own electric car in the short to medium term. The company has dropped a number of subtle hints regarding its interest in electric vehicles but so far there has been no official recognition that the project even exists. Historically the company has played the public relations market to a tee but many now believe the company risks been ignored by the sector and EV enthusiasts unless it is a little more forthcoming with information. Is Apple actually building an electric car?
The UK electric car market is showing good momentum with just under 20,000 new plug-in registrations in the first half of 2016. This is a 31.8% increase on the same period in 2015 and more interestingly there was a 38% like for like increase in the second quarter of 2016. There is no doubt that the UK electric car market is going from strength to strength, total registrations since 2011 are nearing 70,000, and the UK government is playing its role in this growth. So, what can we expect in the future and will the UK electric car market lead
In a move which may surprise many people, the Chinese authorities are currently considering introducing a system similar to that in California which obliges car manufacturers to produce a set number of electric cars. This mandate will also allow those who are not able to produce electric cars in sufficient numbers to purchase “carbon credits” from their competitors. Whether manufacturing more electric cars or acquiring carbon credits this would have the same impact upon the industry going forward. So, why is China considering this new mandate and would it be successful in the longer term? Does the California system work?
If you look at the electric car market the most influential person at this moment in time has to be Elon Musk the entrepreneurial leader of Tesla Motors. This is a man who has quite literally put his own personal fortune on the line, pushed the boundaries and pushed the establishment to the point where he has made himself some significant enemies. There are obviously other leading lights in the world of electric cars but should these influential individuals grab the headlines or should the actual electric cars do more of the talking? Electric car technology The sad fact is
It will come as no surprise to learn that the US electric vehicle market continues to grab the headlines and rightly so. The likes of Tesla have taken this market from near obscurity just a decade ago to within touching distance of the mass market. However, while all eyes are on the US electric vehicle market, is China really the market to watch? Chinese investment in EVs If you follow the financial press you will see billions upon billions of dollars invested by the US government directly and indirectly into the electric vehicle market. This tends to be by way
There is a growing movement in favour of banning all vehicles from city centres with the exception of those powered by electric. This is something which has been mentioned on numerous occasions by environmentally friendly groups as well as governments around the world. It is unlikely we will see any major shift in this strategy in the short term but the medium to long-term potential for adoption is high. So, why should we even consider banning all but electric cars from city centres? What would the benefits be?
The electric car industry has perhaps had the most false dawns of any innovative industry in living memory. This is an industry which is well over 100 years old but it is only over the last few years that it has approached anywhere near the mass market. Critics will point towards the cost of producing batteries able to push range capacity well into the hundreds of miles as well as scepticism from some areas of the motoring public. However, if you take a step back and look at the developments of late you will see an industry on the verge
The US automobile industry has in many ways been a law unto itself for decades now although young EV upstart Tesla Motors is determined to take on the might of the archaic US dealership system. While the original idea of dealership only automobile sales across the US was well-balanced, protecting consumers and independent dealerships from the might of the automobile giants, the Internet has changed the playing field. Many have tried and failed to overturn this ancient system but the outcome of a forthcoming Supreme Court battle in Utah could have significant ramifications for the future. US dealership sales Dealership