-
Recent Posts
- (no title)
- Large European Job Cuts Coming at Ford, Again
- Lexus, Honda Top 2025 U.S. ALG Residual Values
- Pablo Di Si Out at VW Group of America
- DOJ – Cruise Deferred Prosecution for Pedestrian Crash
- Toyota Huntsville Finishes 168-acre Solar Array
- October Global Light Vehicle Sales Rate at 93 Million
- On Sale? New Vehicle Incentives Rise in October
- Vast Executive Reorganization at Hyundai Group
- National Recycling Plan Advancing Circular Economy
- First Look New 2025 Acura ADX Compact SUV
- Chinese EV Trade Wars Hits Volvo Cars
- NHTSA Fines Ford $165M for Flouting Recall Law
- NLRB Rules Against Anti-Union Captive-Audience Meetings
- GM Recall for Wheel Lockup on Diesel Pickups and SUVs
Recent Comments
- NHTSA Fines Ford $165M for Flouting Recall Law | AutoInformed on Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles
- Alfa Romeo Returns to Formula 1 in 2018 via Sauber on Alfa Romeo Returns to Formula 1 in 2018 via Sauber
- American Airlines and JetBlue Alliance Blocked | AutoInformed on Justice Sues to Block JetBlue’s Purchase of Spirit Airlines
- UAW President Shawn Fain on 2024 Presidential Election on Donald Trump is a Scab – UAW Endorses President Biden
- Toyota Motor FY2025 Q2 Earnings Down Significantly | AutoInformed on More Toyota Certification Problems Emerge from MLIT Probe
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Do Media Have the Electric Vehicle Market Collapse Wrong?
The European Passenger Vehicle (PV) Battery Electric Vehicle market EV market grew ~32% with positive growth in all months except December during 2023. This growth was better than many forecasters indicated at the start of last year (and better than in 2022), with some predicting no growth. BEV sales volume came in at just under 2.1 million units. This is 500,000 more than were sold in 2022.
“It is clear there has been some recent slowdown in the market, but it depends where you look. Some brands are doing considerably better than others, with the likes of MG and Tesla standing out as strong performers in 2023,” the respected consultancy GlobalData said today. Continue reading →