Click to enlarge.
The Global Light Vehicle (LV) selling rate stood at 85 million units/year in March, roughly the same with February 2024, according to numbers and analysis released by the GlobalData* consultancy. Worldwide, 8.0 million vehicles were sold last month, a 2% improvement year-on-year (YoY), with year-to-date (YTD) sales up slightly more than 4%. (Read AutoInformed on: February Global Light Vehicle Sales at 85M Annual Rate)
This was a mixed picture at a regional level in terms of selling rate evolution. “In the US, the selling rate was a little lower month-on-month (MoM), though it remains solid, supported by continued easing of prices and the increasing of incentives. China’s selling rate** accelerated from a weak February, while Europe saw a moderate decline in selling rates,” said the Global Light Vehicle Sales Forecasting Team. Continue reading
GM Energy Offers Electric Vehicle-to-Home Charging
Click for more.
GM Energy said today that its first offerings for residential customers will allow the use of vehicle-to-home (V2H)* bidirectional charging technology to provide power from a compatible GM EV to a properly equipped home, helping to mitigate the negative impacts of weather-related outages and integrate with future clean energy products for “even greater personal grid resiliency.” GM Energy products will be offered through a set of bundle options.
“GM Energy is committed to making the transition to an all-electric lifestyle an even more compelling option by simplifying all aspects of personal energy management,” said Wade Sheffer, vice president of GM Energy. “With the introduction of these new offerings, it has never been easier for our customers to access the expanded benefits of a holistic EV ecosystem, helping to mitigate the impacts of power outages and having the ability to offset certain energy costs over time.” Continue reading →