Chinese electric car maker Xpeng delivered 120,757 vehicles last year, up 23 per cent from 2021, but net losses nearly doubled to 9.14 billion yuan, the equivalent of 1.25 billion euros, on slightly higher sales.
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Around 525,000 new energy vehicles (NEVs) were sold in China in February 2023, 55.9 per cent more than in the same month last year and 28.7 per cent more than in January 2023. BYD accounted for the largest number of vehicles – both NEVs and pure battery-electric cars.
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Renault Trucks says it has achieved a market share of 24.2 per cent in the medium- and heavy-duty electric truck segment in Europe in 2022. Specifically, the Volvo Group-owned manufacturer sold 379 units of the E-Tech D and E-Tech D Wide models in Europe last year.
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Nio presented its financial results for 2022. The Chinese EV maker was able to increase its deliveries and sales. However, the annual loss also grew significantly, probably due to the development cost for new models and the company’s expansion.
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The British Society of Motor Manufacturers and Traders (SMMT) released the latest car registration data throughout February. Traditionally a quiet month ahead of the March plate change, plug-in cars took an impressive share.
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Sales and deliveries are up for Polestar. The EV maker posted a total revenue of 2.5 billion dollars in 2022 and delivered a total of 51,491 vehicles last year – an increase of 84 and 80 per cent, respectively.
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It is official: the number of purely electrically powered passenger cars in Germany has exceeded the one million mark. After a weak January, the electric vehicle market share thus rose again to 15.7 per cent. However, new registrations of plug-in hybrids declined.
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After an extremely weak January, electric car registrations in Norway have returned to their usual level: 6,183 new electric cars were registered there in January. By far the best-selling model was the Tesla Model Y.
Read moreHow is it going with the electrification of company car fleets in Germany, and how does this compare to its Northern European neighbours, the Netherlands and Sweden? To answer that question, a comparative study was commissioned by the energy company Vattenfall. We summarised the main results.
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The US electric car start-up Rivian has presented its annual report for the fourth quarter and the full year of 2022. While revenues are increasing along with the deliveries of the vehicles, losses have also continued to rise due to scaling production costs.
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US truck manufacturer Nikola Motor has reported its fiscal 2022 results. Sales totalled 50.8 million dollars last year, while the company reported 784 million dollars in losses.
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US electric car maker Lucid Motors has released its fourth quarter and full-year 2022 financial results. The company posted a billion-dollar loss for the year, but revenue growth is in line with deliveries.
Read moreIn 2022, 62% of all city buses in Europe were driven with an alternative powertrain. For over ten years, Wim Chatrou of Chatrou CME Solutions has been observing and analysing the European bus market. The two big surprises from 2022 were that Yutong registered the most electric buses across Europe, and Denmark came 4th in […]
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The year is also off to a weak start in China, where around 408,000 new energy vehicles (NEVs) were sold in January 2023, almost 50 per cent fewer than in December 2022 and 6.3 per cent fewer than in the same month last year. This is according to data from the China Association of Automobile […]
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Less than 2,000 passenger cars were newly registered in Norway in January; some 6,000 fewer than in the same month last year. This comes after Norway hit a new record in December, with 32,714 newly registered batter-electric passenger cars – by far the strongest month in 2022.
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Tesla more than doubled its profit to 12.6 billion dollars in 2022. In addition to several financial records at quarterly and annual levels, two news bits are notable in the annual report: the cyber truck is to go into production before the end of 2023 and Tesla is preparing a “next-generation vehicle platform”.
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The US electric car manufacturer Lucid Motors has exceeded its most recent production target for 2022. With a strong final quarter, the target of 6,000 to 7,000 vehicles was even slightly exceeded.
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Total sales of New Energy Vehicles in 2022 amounted to 6.887 million units. This is according to statistics from the China Association of Automobile Manufacturers (CAAM) and represents an increase of 93.4 per cent compared to 2021.
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Following the core VW brand and Audi, other Volkswagen subsidiaries have published sales figures for their electric models. Both VW Commercial Vehicles and Skoda were able to increase deliveries, sometimes significantly. Porsche, on the other hand, suffered a slight setback.
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Audi delivered 118,196 fully electric cars worldwide in 2022, 44.3 per cent more than in 2021. Electric cars thus accounted for around 7.3 per cent of the brand’s total sales last year (1.61 million cars).
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The Volkswagen brand delivered around 330,000 electric cars in 2022, 23.6 per cent more than in the previous year. With a total of around 4.56 million vehicles sold in 2022, the BEV share was therefore around 7.2 per cent. The best-selling electric VW worldwide and in their home market was the ID.4.
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Mercedes-Benz Passenger Cars delivered 117,800 battery-electric cars in 2022. Thanks to a strong final quarter, the Stuttgart-based company was able to more than double its electric car deliveries compared to the previous year.
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In 2022, the BMW Group sold a total of 215,755 fully electric vehicles from the BMW and Mini brands, more than twice as many as in 2021. The Group was also able to hand over the 500,000th fully electric vehicle to customers by the end of 2022.
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Polestar delivered about 21,000 vehicles in the fourth quarter of 2022, exceeding its reduced sales target of 50,000 electric cars for the full year 2022. According to the manufacturer’s preliminary figures, Polestar sold 51,500 cars last year.
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In Norway, 32,714 new electric cars were registered in December, compared to 138,292 for the whole of 2022, giving fully electric cars a new registration share of 82.8 per cent in December. The most successful model in Norway in 2022 was the Tesla Model Y.
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Tesla has presented its delivery and production figures for the fourth quarter of 2022 – and thus also for the year as a whole. With 439,701 electric cars built and 405,278 delivered, Q4 was unsurprisingly a new record for both figures.
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In China, sales of new energy cars reached a new high in November: According to estimates by the China Passenger Car Association (CPCA), around 732,000 new energy cars were sold – about 56,000 more than in the previous record month of October 2022.
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In its current analysis of battery prices, BloombergNEF has recorded the first increase since the start of the evaluations in 2010. The experts attribute this to the increased prices for raw materials and battery components as well as high inflation.
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Exactly 15,915 electric cars were newly registered in Norway in November. Battery-electric cars thus achieved a share of 81.6 per cent of all new passenger car registrations in the month. The best-selling model came from Tesla.
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Xpeng has presented its business figures for Q3 2022. The Chinese electric car maker’s vehicle deliveries and sales were weaker than in the Q2 2022, and the company’s October figures and forecasts point to an even more critical fourth quarter.
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