Articles tagged with "EV-market"
The Baojun Yep Plus — I Mean, the Chevrolet Spark EUV — Lands in Mexico. Will This Turn the Tide for GM? - CleanTechnica
The article discusses General Motors' (GM) strategic move to introduce the Baojun Yep Plus, marketed as the Chevrolet Spark EUV, into the Mexican market as part of its effort to compete against rising Chinese electric vehicle (EV) manufacturers in Latin America. China has emerged as the global leader in EV production, with Chinese automakers rapidly expanding into international markets, including Latin America, where affordable EV options are increasingly available. GM, which has a significant presence in Latin America with local production facilities in Mexico, Argentina, and Brazil, has traditionally focused on internal combustion engine vehicles (ICEVs) tailored to developing markets. However, facing growing competition from Chinese EV brands like BYD, GM is leveraging its manufacturing capacity in China and the efficient supply chains there to offer competitive EV models abroad. The Chevrolet Spark EUV is a compact, SUV-styled EV featuring a 42 kWh battery with an EPA range of 281 km and a price point of approximately USD 23,600 in Mexico. This
energyelectric-vehiclesEV-marketChevrolet-Spark-EUVbattery-technologyautomotive-industryLatin-AmericaAustralia Achieves 12% Plugins in May - CleanTechnica
In May 2025, the Australian automotive market remained strong with 109,425 light vehicles sold, of which 12% were plug-in electric vehicles (EVs). Battery electric vehicles (BEVs) accounted for 9.2% of sales with 10,065 units sold, while plug-in hybrid electric vehicles (PHEVs) made up 2.8% with 3,081 units. Despite a slight decline in EV deliveries in the first five months of 2025 compared to the same period in 2024 (33,976 vs. 40,966), optimism remains high due to new EV model launches and a resurgence in demand. Tesla’s Model Y led the BEV market in May with 3,580 sales, marking a significant increase from April and making it the fourth best-selling vehicle overall in Australia. Government policies have notably influenced PHEV sales, with a spike in April as businesses sought to avoid Fringe Benefits Tax, followed by a drop in
energyelectric-vehiclesbattery-electric-carsplugin-hybridsEV-marketautomotive-industryclean-energyTop BYD Exec Says Chinese EV Price War "Not Sustainable" & "Not Healthy" - CleanTechnica
The article discusses the ongoing price war among Chinese electric vehicle (EV) manufacturers, highlighting concerns about its sustainability and impact on the industry. Chinese automakers have been aggressively cutting EV prices, with BYD recently reducing prices on up to 22 models by as much as 30%. While BYD remains profitable and continues to grow—reporting about 15% growth in early 2025 and aiming for 30% growth with a 5.5 million vehicle sales target—it acknowledges that the current price war is "not sustainable" or "healthy." Most other Chinese EV makers, unlike BYD and Tesla, are still losing money on their EV operations, and the intense price competition is hurting overall profitability. Chinese regulators, including the Ministry of Industry and Information Technology (MIIT), have warned automakers to halt the price war to prevent further damage to the industry, signaling potential intervention. Meanwhile, BYD is pursuing aggressive international expansion, planning to invest $20 billion in Europe to establish a strong
energyelectric-vehiclesBYDautomotive-industryprice-warclean-technologyEV-marketBrazil EV Sales Report: Local EV Production Imminent as Sales Reach a New Record in May - CleanTechnica
Brazil’s electric vehicle (EV) market reached a new milestone in May 2025, with over 14,000 EVs sold—a record high and a 63% year-on-year increase. This growth has been consistent throughout the year, surpassing previous peak sales months like December 2024. The Brazilian market is preparing for local EV production, with BYD and Great Wall Motors (GWM) set to start manufacturing the Dolphin Mini and Haval H6 models in July at their respective factories. Notably, Brazil shows a distinct preference for plug-in hybrid electric vehicles (PHEVs) over battery electric vehicles (BEVs), with PHEV sales growing 104% in May compared to 35% for BEVs. May’s sales figures nearly balanced the two powertrains, with BEVs at 48% and PHEVs at 52%, marking a recovery for BEVs after a period of decline. BYD dominates the Brazilian EV market with a 64%
energyelectric-vehiclesEV-marketBrazilbattery-technologyplug-in-hybridsautomotive-industryChina's EV Moves in UK & EU Progressing - CleanTechnica
China’s electric vehicle (EV) market is the world’s most advanced, with EVs comprising about half of new car sales domestically. However, intense competition and the challenge of scaling profitably have prompted Chinese automakers to expand exports, particularly targeting Europe—the world’s second-largest EV market. Chinese EV companies face high tariffs imposed by the European Union, which argues these tariffs counteract heavy Chinese government subsidies and promote fair competition. Recent negotiations between China’s commerce ministry and the EU on setting minimum prices for Chinese-made EVs are reportedly in the final stages, suggesting potential easing of trade tensions. In the UK, Chinese automakers have made significant inroads, with companies like BYD capturing nearly 10% of the EV market following rapid sales growth. BYD, the world’s leading EV manufacturer, continues to expand its presence by introducing competitively priced models tailored to European consumers. This expansion coincides with a broader European market trend where major automakers, including Volkswagen and Renault, are competing fiercely in the small EV segment. BYD’s launch of the affordable Dolphin Surf compact hatchback, priced as low as €19,990 with respectable driving ranges, exemplifies the growing appeal of Chinese EVs in Europe and the potential for market disruption. Overall, Chinese EV makers are strategically leveraging their cost advantages and product offerings to challenge established European brands, particularly in the small car segment where affordability is key. The evolving tariff negotiations and successful market penetration in the UK signal a shifting landscape in the European EV market, with Chinese manufacturers poised to play an increasingly influential role.
electric-vehiclesEV-marketChina-EV-exportsEuropean-Union-tariffsBYDautomotive-energyclean-transportationChinese Automakers Sent To The Principal's Office Over EV Price War Spat - CleanTechnica
The Chinese electric vehicle (EV) market has been embroiled in a prolonged and intense price war over the past several years, causing significant tension among major automakers. Geely chairman Li Shufu criticized the ongoing "cutthroat price competition," calling it a "race to the bottom" and advocating instead for competition based on technology, quality, service, brand, and ethics. Great Wall Motor has been particularly vocal against BYD, accusing the latter of unfair pricing tactics and reporting BYD to Chinese regulators over alleged emissions standard violations related to two of BYD’s popular hybrid models. Great Wall claims these models used non-pressurized fuel tanks, leading to quicker fuel evaporation, and Geely has publicly supported Great Wall’s stance. In response to the escalating price war and regulatory concerns, China’s Ministry of Industry and Information Technology (MIIT) reportedly intervened by convening a special meeting with automakers to call for an end to the price battles. The ongoing conflict has also triggered a selloff in Chinese automaker stocks, reflecting market unease. The article raises the question of how much of the price decline in the Chinese EV sector is due to aggressive price cutting versus natural cost reductions driven by technological innovation, economies of scale, and industry maturation. While Geely and Great Wall see the price war as harmful and artificial, BYD argues that its competitive pricing stems from faster innovation and better consumer responsiveness. The situation remains fluid, with industry watchers awaiting further developments.
electric-vehiclesEV-marketbattery-technologyautomotive-industryenergy-efficiencyemissions-standardsChina-automotive-regulationsWhich Automakers Will Lead World EV Market In 2025, 2026, & 2027? - CleanTechnica
The article from CleanTechnica, updated in June 2025, discusses the rapidly evolving electric vehicle (EV) market and explores which automakers are likely to lead global battery electric vehicle (BEV) sales in 2025, 2026, and 2027. The author expresses curiosity not only about long-term trends but also about near-term developments, emphasizing the dynamic nature of the market. To engage readers and gather diverse perspectives, the article includes a survey inviting opinions on the top EV sellers in the coming years. Additionally, the article provides links to previous analyses and coverage of EV market trends across different regions to offer readers broader context. It encourages readers to subscribe to CleanTechnica’s newsletters and podcasts for more in-depth insights. The piece is authored by Zachary Shahan, CleanTechnica’s director and chief editor, who is recognized internationally as an expert in electric vehicles and renewable energy. Overall, the article serves as both a market overview and an interactive platform for forecasting the future leaders in the EV industry.
electric-vehiclesEV-marketclean-energyrenewable-energybattery-electric-vehiclesautomakerssustainable-transportationFirefly Likely to Come to UK in October - CleanTechnica
NIO, the Chinese electric vehicle (EV) maker, is facing financial challenges despite growing sales in a highly competitive domestic market. To sustain growth, NIO launched an affordable small-car brand called Firefly, which has been well-received for its attractive design and advanced technology. The Firefly model is compact yet practical, featuring a 141 hp motor, a 260-mile (418 km) range under the CLTC standard, a class-leading 4.7-meter turning radius, and automated parking capabilities. It also offers a front trunk (frunk) with 92 liters of storage, enhancing its utility despite its small size. Looking to expand internationally, NIO is reportedly planning to introduce the Firefly brand to the UK market as early as October 2025. The UK is one of the largest EV markets globally and has a strong demand for small electric cars, positioning Firefly to compete against models like the Volkswagen ID.2, Renault 5, Hyundai Ioniq 3, and Kia EV3. While the Firefly’s starting price in China is approximately £12,350 ($16,700), the UK price remains unknown and will likely be higher due to shipping and import costs. Early sales in China showed promise, with 3,680 deliveries in its first full month, indicating potential for success abroad if the brand resonates with UK consumers.
energyelectric-vehiclesEV-marketNIOFireflyautomotive-technologyclean-energyPreliminary Data Shows Tesla Sales In Europe Continued To Fall In May - CleanTechnica
energyelectric-vehiclesTeslasales-dataNorwayModel-YEV-marketIt Appears Chevrolet Will Stop Selling Cars In China — Can't Compete - CleanTechnica
electric-vehiclesEV-marketChevroletChina-auto-marketrenewable-energyautomotive-industryplug-in-vehiclesTop US States for EV Market Share — 13 States with 10%+ EV Share
electric-vehiclesEV-marketclean-energysustainable-transportationstate-rankingselectric-mobilityrenewable-energyEVs Take 32.1% Share In The UK – Volkswagen Leads
energyelectric-vehiclesEV-marketbattery-electric-vehiclesplug-in-hybridsUK-automotive-industryclean-transportationEU Ignores EV Sales Data, Waters Down Requirements
electric-vehiclesEU-regulationsCO2-reductionEV-marketautomotive-industryclean-energyemissions-targetsCosta Rica’s EV Market in 2024: A Review for the Leader of the Americas
energyelectric-vehiclesEV-marketbattery-electric-vehiclessustainable-transportationclean-technologyCosta-RicaGeely EX5 — A New Owner’s Perspective
electric-vehiclesGeely-EX5clean-energyelectric-mobilitysustainable-transportationEV-marketcharging-infrastructureUS Consumers Don’t Trust Tesla Anymore, Study Says
energyelectric-vehiclesconsumer-trustTeslaEV-marketautomotive-industrycharging-infrastructureCosta Rica achieved the highest EV market share in the Americas for the third consecutive year in 2024
electric-vehiclesEV-marketCosta-Ricarenewable-energytransportationclean-technologymarket-shareEVs At 25.3% Share In France – Renault Top Two
energyelectric-vehiclesEV-marketbattery-technologysustainable-transportationemissions-reductionRenault