Electric Vehicle makers Xpeng, Li Auto and Nio sold record cars in July. Li Auto’s sales jumped 251 percent year on year in July to 8,589 units, while Xpeng’s sales surged 228 percent to 8,040 cars. NIO delivered 7,931 vehicles in July 2021, increasing by 124.5% year-over-year. Cumulative deliveries of the ES8, ES6 and EC6 …
Cathie Wood forecasts that as the world shifts to electric cars and trucks this will take oil prices down to $12 per barrel. About 35% of world oil is used for cars and trucks. A shift to electric cars and trucks will remove 35% of oil usage. If this shift is over 20 years then …
Ernst and Young predict Europe leading the charge to electric, with zero-emission models outselling all other propulsion systems by 2028. That tipping point will arrive in China in 2033 and in the U.S. in 2036″. In 2019, new car registrations in the EU slightly increased to a level of 15.5 million. Sales of electric cars …
James Stephenson has made detailed projections for Tesla financials focused on the last three quarters of 2021. James also has projections for estimated Tesla car sales by quarter through 2023. Tesla has had strong growth of about 50% every year for over a decade. Tesla now is the fourth highest volume of sales for all …
Smartphone giant Xiaomi is hiring many positions for its electric vehicle unit and for its autonomous driving project. Xiaomi is targeting its first car model to market within three years (around 2024). BYD and Xiaomi are in discussions to form a strategic partnership. “BYD will support the development of Xiaomi in the automotive business in …
NIO is starting to build its second electric car and battery factory in the Neo Park in Hefei, with production scheduled for the third quarter of 2022, William Li, founder, chairman and CEO of NIO. The park
The China Passenger Car Association (CPCA) has again raised its forecast for new energy passenger car sales for 2021 as the industry grows rapidly. The 2021 forecast for new energy passenger car wholesale sales was raised to 2.4 million units which is up from a forecast of 2 million in February and 2.2 million in …
Tesla Model S Plaid delivery event highlights and summary is below. The refreshed Model S has a drag coefficient of 0.208. Model S Drag Coefficient at 0.208 Cd. That's better than the Taycan's 0.22 Cd pic.twitter.com/mlC7IGSJAv — Rohit (@rohit000000000) June 11, 2021 Elon Musk drove the Model S Plaid around a track and then onto …
Tesla electric vehicles are not competing in the below $40,000 price range. Tesla Model 3 starts at $41,000 and the Tesla Model Y starts at $51,000. The Tesla Model S starts at $70,000. The Tesla Model X starts at $80,000. Subsidies typically bring the price of electric vehicles down by $3000-14000 depending upon the country. …
Plug in electric vehicles and full battery electric vehicle sales were up over 40% from last year in terms of percentage of overall car sales. 2021 PEV (plug-in electric) share was 5.7% (3.7% BEV) compared to PEV at 4% of total car sales in April 2020. PEV registrations were up 249% last month, to some …
Ford currently has one electric vehicle production facility and is building another. The Ford Mach-E is built in Mexico. The Cuautitlan Stamping and Assembly Plant (CSAP) is a Ford Motor Company manufacturing facility located in Cuautitlán Izcalli, Mexico. The 202-acre (0.82 km2) site opened in 1964. It is a 4,305,564 square feet facility with 2130 …
