Chinese EV Maker Zeekr Heads for US Listing at Reduced Valuation

(Bloomberg) — When Chinese electric-vehicle maker Zeekr lists in the US on Friday, it will be at a valuation of around $5.2 billion, less than half the $13 billion valuation announced following a funding round early last year. Most Read from Bloomberg The precipitous change in fortunes has surprised even the company’s top management. In… Continue reading Chinese EV Maker Zeekr Heads for US Listing at Reduced Valuation

The Indonesia Construction Equipment Market Sales to Reach 36,510 Units by 2029 – Exclusive Research Report by Arizton

CHICAGO, May 9, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Indonesia construction equipment market is growing at a CAGR of 4.17% during 2023-2029. To Know More, Click: https://www.arizton.com/market-reports/indonesia-construction-equipment-market Continue Reading Indonesia Construction Equipment Market Research Report by Arizton Indonesia Construction Equipment Market Report Scope Report Attributes Details Market Size- Volume (2029) 36,510 Units… Continue reading The Indonesia Construction Equipment Market Sales to Reach 36,510 Units by 2029 – Exclusive Research Report by Arizton

Cleantechnica: Are Tesla Sales Slowing Down Under?003416

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The mainstream media would have us believe that electric cars are facing stagnating demand. No doubt they will be encouraged by the drop in Tesla sales March to April. In April 2024, Tesla Australia delivered 2077 vehicles (1166 Model… Continue reading Cleantechnica: Are Tesla Sales Slowing Down Under?003416

Clean Technica: What Falling Sales? Global EV Sales Grow 19% in March!003415

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! EVs Now 19% of World Auto Sales Global plugin vehicle registrations were up 19% in March 2024 compared to March 2023. There were 1.3 million registrations. BEVs were up by 7% YoY, while plugin hybrids jumped 50% YoY, with… Continue reading Clean Technica: What Falling Sales? Global EV Sales Grow 19% in March!003415

New Volvo EX60 tipped to introduce radical production process

Fermér also said there are no concerns over safety, or potentially higher repair costs if a large mega-cast part is damaged – an issue that Tesla has been striving to resolve with some insurance firms. He noted Volvo’s long-standing commitment to safety, adding: “We end the mega-cast piece behind the wheelhouse and then have a… Continue reading New Volvo EX60 tipped to introduce radical production process

Cleantechnica: Volvo EX30 Shines — Europe EV Sales Report 003413

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Tesla is the best selling brand in Europe, but Volkswagen Group is the #1 OEM Some 296,000 plugin vehicles were registered in March in Europe, which is down 8% year over year (YoY). But there is a simple explanation… Continue reading Cleantechnica: Volvo EX30 Shines — Europe EV Sales Report 003413

Autocar magazine 8 May: on sale now

This week in Autocar, we deliver our verdict on the new Mini Cooper, pit the Suzuki Swift against the Renault Clio, and detail Ferrari’s new V12-powered flagship. News The Ferrari 12Cilindri has been revealed as its most powerful production car to date, packing an atmospheric V12 and brand new on-board technology – we have the… Continue reading Autocar magazine 8 May: on sale now

Luxury car and SUV sales in India rise 20.5% to over 45,000 units in FY2024

A global trend that has also found resonance in India over the past three years is the soaring demand for luxury as well as super-luxury cars and SUVs. This niche segment has hit a new high in FY2024. As per JATO Dynamics India, cumulative sales of seven luxury carmakers in FY2024 were 45,311 units, up… Continue reading Luxury car and SUV sales in India rise 20.5% to over 45,000 units in FY2024

Urban Science EV sales microstudy unveils U.S. electrification trends and state-level BEV market share leaders

DETROIT, May 7, 2024 /PRNewswire/ — Urban Science, a leading global automotive consultancy and technology firm, today released a proprietary electric vehicle (EV) sales microstudy rooted in the firm’s unrivaled industry sales data, which is updated daily, delivering a science-driven overview of the EV sales landscape in the U.S. The microstudy includes detailed 2024 sales… Continue reading Urban Science EV sales microstudy unveils U.S. electrification trends and state-level BEV market share leaders

Cleantechnica: Cadillac, Audi, & BMW Now Leading in Share of US Sales Being 100% Electric 003409

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Overall, the pure electric vehicle (EV, or BEV) share of US auto sales was 6.9% in the first quarter of 2024. EV sales increased slightly compared to the first quarter of 2023, but overall auto sales increased more, so… Continue reading Cleantechnica: Cadillac, Audi, & BMW Now Leading in Share of US Sales Being 100% Electric 003409