Mobility EVo’s Post

My comments in the Financial Times today: In 2023, China produced 17.7mn internal combustion engine cars, a 37 per cent fall from its prior peak in 2017, according to data from Automobility Ltd, a Shanghai consultancy. Bill Russo, the former head of Chrysler in China and founder of advisory firm Automobility, said that the “precipitous decline” of internal combustion engine car sales means as much as half of the industry’s installed capacity — around 25mn units of 50mn units annual capacity — is not being used. #china #overcapacity #electricvehicles

 Chinese automaker BYD is surging ahead in the electric vehicle (EV) market, leaving traditional German giants like Volkswagen, Mercedes, and BMW in the dust. Recent data reveals BYD's electric vehicle sales have skyrocketed, surpassing the combined sales of these legacy brands in the first half of 2023. BYD, which sold nearly 1.2 million plug-in electric vehicles, including plug-in hybrids during this period, has set its sights on Europe. Between January and July 2023, BYD recorded overseas sales of 92,469 EVs, exceeding their total sales for all of 2022. The following chart, based on estimates from CleanTechnica, shows that BYD and Tesla have opened up a sizeable lead in the global EV market.

Toyota Motor Corporation plans to strengthen its zero-emission vehicle offerings for the Chinese market, in order to stay price competitive against local manufacturers. The news comes as Volkswagen Group and AUDI AG also eye up EV market share within China. Find out more down below 👇 #ElectricDrives | #ElectricVehicles | #Sustainability | #EV Rosemary Mitchell Anne Wu

Volkswagen AG’s all-in on electric vehicles plan is no more as it will need more plug-in #hybrids as #EV sales decelerate. This marks just the latest adjustment VW has made to its #electrification strategy after the company botched several model releases and fell behind in #China, where local brands now dominate. The #manufacturer has also shelved efforts to seek outside investors for its #battery unit and scrapped plans for a €2 billion ($2.2 billion) #EV factory in #Germany. #EnergyTransition #Innovation #urbanmobility #futuremobility #electricvehicles #automotive https://lnkd.in/ga2wCqrE

Electric vehicle sales continue acceleration, reaching tipping points. EV news from Ford, Toyota, Subaru, Nissan, Volvo toward all-electric future. International EV news from China, Vietnam, Indonesia. #SustainableLife turns to Sustainable Mobility - Electric Vehicles (EVs) today (27 Sept). Live links to all stories below are here: https://bit.ly/3ZvWznY Brands in today's highlights include: Ford Motor Company, Toyota Motor Corporation, Nissan Motor Corporation, Volvo Cars, Subaru of America, Rivian, Fisker Inc, BYD, VINFAST , Tata Motors, RMI and many more. Electric Vehicle Sales Are Increasing Exponentially: Report Electric Vehicles Could Enjoy Up To 86% Global Market Share By 2030: Report U.S. electric vehicle sales reach breakthrough pace New car registrations: 21% in August; battery electric exceeds 20% share for the first time A Bull Market in Electric Vehicles Is Coming Toyota to speed up EV production, aims for over 600,000 vehicles in 2025, Nikkei reports Nissan’s racy new EV concept previews an all-electric future in Europe Tata Motors prepares to take EVs global, launches new Nexon EV model for India Subaru’s 8 Hot New Evs Volvo is finally phasing out diesel cars next year in favor of an all-electric future Ford puts UK PM Rishi Sunak on blast after expected delay in 2030 ICE car ban BYD’s affordable Dolphin EV lands in North America as 500,000th unit rolls off the line EV maker Fisker rallies after production update, bullish analyst report Vietnam's VinFast to deliver EVs to Europe this year as EU probes China rivals Indonesia’s EV ambitions could help boost investments in the rest of Southeast Asia #sustainability #sustainableliving #sustainablelife #mobility #electricvehicles #EVs #greenliving #greenlivingdoug #esg

““Based on what I see, I need more. If I had more capacity today, I could sell more [electric] cars.” Hyundai’s global leader said.” Hyundai disbanded R&D for combustion engines in late 2021. Now they’re furloughing their biggest ICE factory to build out more EV capacity. Hyundai has openly stated their intention to become one of the top 3 carmakers and they’re making it clear they’ll leverage their position selling EVs to do it. Right now, there are many comments online speculating that BYD will overtake Tesla this year. Will Hyundai take the 3rd spot? Will it be a Chinese make? Someone else? Would love to hear your opinion in the comments.

Toyota will roll out solid-state battery EVs globally in a couple of years: Filed under: Green,Lexus,Suzuki,Toyota,Electric Continue reading Toyota will roll out solid-state battery EVs globally in a couple of years Toyota will roll out solid-state battery EVs globally in a couple of years originally appeared on Autoblog on Thu, 11 Jan 2024 08:32:00 EST. Please see our terms for use of feeds. Permalink |  Email this |  Comments #car #cars #awesome

Hyundai is definitely on my short list for the next #EV I purchase. Why? - they are building an EV factory in my home state of Georgia Department of Economic Development - they sponsor Georgia Institute of Technology Football stadium - 800v architecture allows for faster charging at most #dcfc - they allow for #v2x - they are committed to an EV future - I like a lot of the styling exterior and interior (with exceptions on ioniq6)

Are electric vehicles are profitable as petrol cars? And Optimizing Operations for EV logistics. https://lnkd.in/g8ZUTKp8 BMW says electric cars as profitable as petrol, diesel cars. BMW has begun overhauling its Main assembly plant in Munich adjacent to the company's headquarters, to build Neue Klasse vehicles, which are to be launched from the end of 2025. Source from: https://www.dw.com China’s top EV maker, BYD, saw profits surge 145% in the second quarter, aided by record deliveries. The staggering growth comes amid China’s EV price war that’s limiting margin growth in the region. After passing Volkswagen as China’s bestselling car brand earlier this year, BYD maintained its lead through the first half of the year. Source from: https://electrek.co/ Optimizing Operations for EV logistics Transporting electric vehicles (EVs) comes with specific handling and safety demands owing to their high-voltage systems and advanced battery technology. It's paramount to have specialized training and equipment in place to guarantee the secure transportation of EVs. See more.../ https://lnkd.in/g8ZUTKp8