Sales Double in 2023 as Petrol Prices Rise and EV Options Expand

Tesla's Model 3 and Model Y continue to be the most popular used electric vehicles (EVs) on the market, according to a recent report by iSeeCars. The Model 3 has been the top-selling used EV for two years in a row, while the Model Y ranked second in 2023.

The electric vehicle (EV) market is booming, but sales growth is starting to slow down. In 2023, EV sales grew by 30%, but that's down from 80% growth in 2022. There are a few reasons for the slowdown.

Ford's electric vehicles (EVs) had a stellar year in 2023, with record sales and a surge in market share. The automaker secured the No. 2 spot among EV brands in the U.S., trailing only Tesla. This impressive performance was driven by strong sales growth across all three of Ford's electric models: the Mustang Mach-E, the F-150 Lightning, and the E-Transit.

The German electric car market saw a record-breaking month in December 2023, with over 54,654 new electric cars registered. This represents a significant 21.6% increase from November and marks a strong finish to a year that saw a total of 524,219 new electric car registrations in Germany.

Rivian Automotive, the electric vehicle (EV) startup that made headlines with its high-performance pickup trucks and SUVs, has unveiled a more affordable model aimed at expanding its customer base and jumpstarting sales. The new Rivian R2S is priced at nearly half the cost of the company's existing R1T pickup truck and R1S SUV, bringing premium electric mobility to a broader audience.

The automotive industry is undergoing a transformative shift, as electric vehicles (EVs) gain prominence globally. Australia, once a stronghold of internal combustion engine (ICE) vehicles, is gradually embracing the EV revolution. This article delves into the latest EV sales data in Australia, exploring the factors driving their growth and the impact they are having on the automotive market.

In the face of rising environmental concerns and the need for sustainable transportation, the global automotive industry is undergoing a profound transformation. The transition to electric vehicles (EVs) is gaining momentum, with sales skyrocketing across the world. This article delves into the latest data on global EV sales, exploring market share and regional trends.

Vinfast, a Vietnamese automotive manufacturing company established in 2017, has emerged as a global force to be reckoned with. With a focus on electric vehicles and a commitment to innovation, Vinfast has achieved remarkable milestones in its short history, setting itself apart as a leader in the rapidly evolving automotive industry. This article delves into Vinfast's journey, showcasing its financial performance, technological advancements, global expansion plans, and the factors driving its success.

China, the world's largest automotive market, has witnessed an extraordinary surge in the sales of electric vehicles (EVs) in recent years. The country's ongoing commitment to decarbonization and the electrification of transportation has created an environment conducive to the rapid adoption of EVs. According to the latest industry data, China's EV sales have reached unprecedented levels, signaling the country's continued dominance in the global EV landscape.