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EV Sales

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In a negative month in the overall market (down 12% to 35,386 sales), June saw plugin registrations also drop by 15% YoY, to 16,089 units.

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Mercedes-Benz reports 84,662 car sales (excluding commercial vans) in the United States during the second quarter of 2024, nearly 4% less than a year ago. EVs were the main reason behind this drop.

In Q2, Mercedes-Benz sold 9,640 passenger all-electric cars,

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In an unexpected move, Brazil has recently proposed a “sin tax” on electric vehicles. Traditionally, sin taxes are levies placed on products considered harmful to

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Volvo Cars reported 71,514 global car sales in June, 8% more than a year ago. During the first six months of the year, sales amounted to 388,073, up 14% year-over-year.

Meanwhile, in June, Volvo's plug-in electric car sales increased by 41%

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And Volvo EX30 ends May in 2nd place.

Some 226,000 plugin vehicles were registered in Europe in May, which is down 10% year over year

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Tesla CEO Elon Musk scored a big win recently when his $56 billion pay package got the green light from shareholders a second time, but the company he runs has been far less fortunate in 2024. 

On Tuesday, Tesla reported

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“The sky is falling, we must run and tell the king!” said Henny Penny. That is the message many so-called news outlets are touting after

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April turned out to be one of the best months ever for all-electric car sales in the United States, with a six-digit number of first registrations. The results are quite amazing, considering that the largest player in the segment, Tesla,

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Hyundai-new-IONIQ-model

Despite talk of an “EV slowdown,” Hyundai is charging ahead. Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market

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Hyundai Motor Company's (Hyundai and Genesis brands) global vehicle sales in May 2024 amounted to 356,223, up 1.9% year-over-year. During the first five months of the year, the company sold 1,709,463 vehicles, up 0.2% compared to a year ago.

Unfortunately

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