Tag: sales
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EV And PHEV Sales Rise In The European Union As Diesel Loses Popularity
Sales of electrical vehicles jumped significantly across the European Union at the last quarter of 2019, accounting for 4.4 per cent of new car sales in the interval. Data in the European Automobile Manufacturers Association (ACEA) reveals that need for lsquo;electrically-chargeable’ vehicles jumped 81.3% in Q4 2019 into 156,805 units in total. Demand for battery-electric…
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Monthly sales reports fall even further by the wayside in the car industry as Volkswagen, Audi join the movement to quarterly reporting
Carsten Koall/Getty Images Volkswagen and Audi will start reporting US sales quarterly the month, and both effective immediately. While the very first reports of this year will come out in a few days, Volkswagen and Audi will execute until April beneath their new strategies. The moves follow along with industry trend begun by General Motors…
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Renault Sold 62,447 Electric Vehicles In 2019 – More Than Ever Before
Tesla continues to lead the electric car race however other auto makers are also experiencing greater demand for their EVs, for example Renault. In 2019the French automaker offered a total of 62,447 electric cars across the world, a substantial jump up from the approximately 49,300 EVs it sold in 2018 and the 36,300 sold back…
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Mercedes-Benz Sold Just 55 EQC EVs In Germany In November
Last month, Mercedes-Benz announced the U.S. launch of the EQC electric crossover would be delayed by one year as the automaker wanted to satisfy the growing customer demand from Europe first. That was a curious and unexpected announcement considering that the German automaker had released pricing for the EQC in the United States only a month before…
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Elon Musk’s Latest Plan for the Solar Market: Rentals
Tesla will now let solar systems to customers in six states for $50 at a scheme to boost solar deployments once it logged its quarterly installments in Q2. At a Sunday tweet, CEO Elon Musk said the new sales model is ldquo;such as having a cash printer on your roof if you live in a…
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NIO postpones its electric sedan after rough first quarter
Chinese EV startup NIO has indefinitely delayed its upcoming electric sedan just six weeks after unveiling a concept version of the car at the Shanghai Auto Show. The news comes as the startup released unaudited financial results for the first quarter of 2019, which show NIO lost $390 million as deliveries of its ES8 electric…
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Nio shifts electric vehicle plans as losses pile up
Chinese automotive startup Nio is tweaking its strategies for electric vehicles, a move prompted by sales of its ES8 model. Nio, which reported in its unaudited financial results Tuesday that a reduction of $390.9 million in the first quarter, will be currently taking a variety of measures in reaction to a downturn in earnings. These…
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Tesla Sold A Record 4,600 Model 3s In Norway Just This Month
The Tesla Model 3 hasn’t just been a hit in the United States because deliveries kicked off but it is also proving to be especially popular across Europe too, as recent numbers show. However, the nation that’s definitely in love with Tesla’s baby EV is none other than Norway. Sales details show 4,609 units of…
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What Happens to Tesla’s Solar Business as Retail Stores Close and Sales Go Online?
Yesterday’s news of a $35,000 Model 3 offering and the shuttering of the majority of Tesla’s retail outlets might seem like streamlining and a promise kept for fans of the electric car company. For sellers, the information looks like discount liquidation and layoffs. For fans, it looks like the ending of the line for Tesla. …