Category: eV

Analysts: EVs will keep gaining US market share in 2024

2024 Hyundai Ioniq 5U.S. EV sales grew significantly in 2023 and will likely continue to do so in the coming year, Bloomberg analysts say in a new report. Analysts estimate that U.S. EV sales reached 1.6 million units in 2023, up from 1.1 million in 2022. And they predict 1.9 million EV sales for 2024, accounting for 13% of the new-car market. Sales could reach 2.1...

Nio ties up with 2 state-owned groups in Anhui, to support new firm in building 1,000 swap stations

A new company called Zhongan Energy was launched today and it will build 1,000 battery swap stations with the support of Nio and two state-owned groups in Anhui province.

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China EV battery installations in Dec: CATL share at 44.48%, BYD at 22.95%

CATL and BYD both saw their share of the Chinese power battery market increase slightly in December.

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