Japan became the global top ten electric vehicle sales country for the first time in January 2022

As a member of the R-N-M Alliance, the Japanese carmaker Nissan began selling the Nissan Leaf electric vehicle (EV) a decade ago and has become one of the world's longest-selling battery electric vehicle (BEV) models. However, the Japanese government and automakers appear to be overly conservative in their stance on the development of the EV market compared to the other major auto industry powers and automakers. They strongly support hybrid cars as the most logical option for Japanese automakers and their auto market to transition from petrol cars to EVs. Therefore, Japanese carmakers have not been active in EV sales in recent years, and the development of the domestic EV market in Japan is relatively slow. According to Researcher and Research LLC, Japan was the world's fourth-largest auto market with 2.399 million passenger cars sold in 2021, just behind China with 20.857 million, the US with 14.936 million, and Germany

2022-03-13T05:54:29-07:00March 14th, 2022|Categories: Global EV Snapshot|Tags: , , , , , , , , , |

Global electric vehicle market to grow year on year at 104.9% in January 2022

According to Researcher and Research LLC, despite the negative impact of global shortages of automotive chips, global electric vehicle (EV) market grew to 652,733 units in January, with a year on year (YoY) growth of 104.9%. The proportions of battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) were 73.1% and 26.9%, respectively, compared with 69.1% and 30.9% of the same period last year. BEV had grown more and its mainstream status was firmly established. In terms of EV sales volume and market share in major countries, China remains the world's largest EV sales country, with an annual growth rate of 137.5% and a market share of 58.2%, up from 50.2% in the same period last year, as shown in figure 1. With annual growth of 118.9%, the US overtook Germany to become the world's second-largest market by sales, with its market share rising to 8.2% from 7.7% in

2022-04-04T05:55:10-07:00February 21st, 2022|Categories: Global EV Snapshot|Tags: , , , , , , , , , , , , |

Supply chain determines the development of electric vehicle OEMs

Global electric vehicle (EV) market growth exceeds expectations in 2021. According to Worldwide Monthly BEV & PHEV Tracker from Researcher and Research LLC, global EV sales volume in this year will be 6.389M units with a YoY growth of 97%. The growth of Chinese EV OEMs is extremely obvious, especially BYD, SAIC, Great Wall Motors, GAC, Xiaopeng, NIO, Chery Automobile, CHJ Automotive, Changan Automobile and Geely Auto Group, which have achieved considerable market shares. And it is worth noting that Chinese OEMs have successfully stepped out of the domestic market this year and made inroads around the world, and opened up the European market with entry-level models such as the hot sale of MG ZS EV. The control of battery metals brings China global advantage of EV supply chains. In addition, EV OEMs have clearly felt the tight supply of batteries in the future since Q3, and have signed supply

2022-01-14T05:14:15-08:00December 29th, 2021|Categories: Global EV Snapshot|Tags: , , , , , , |

Analysis of the strategic partnerships between main EV OEMs and battery suppliers in Europe, America and Asia

The electric vehicle (EV) trend led by Tesla has not only attracted more startups in recent years, but also driven the active transformation of traditional automakers and the rapid growth of the market. Instead of a transmission system, EV directly transmits power to the front and rear electric engines through the battery. Thus, car makers could reduce a lot of energy transmission consumption through their proprietary designs, and also improve their pack of batteries technology, which enables their EV to have higher energy density and enjoy greater advantages. Therefore, battery is the key component of EV. As new and traditional car makers are moving into the EV business, it has become an important strategy for EV makers to establish a deep cooperative relationship with battery manufacturers, and invest in factories together, in order to meet the needs of their own design and development of EV, as well as the high

2021-11-21T23:56:43-08:00November 22nd, 2021|Categories: Worldwide Monthly BEV and PHEV Tracker|Tags: , , , , , , , |
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