Global Electric Vehicle Sales Crossed 10 Million in 2022; Q4 Sales up 53% YoY
EV sales during 2022 were over 10.2 million units, a 65% YoY growth. 7 out of the top 10 EV models were from Chinese brands in Q4 2022. EV sales are…
Top 10 CES 2023 Automotive Announcements
The annual Consumer Electronics Show (CES), held in Las Vegas from January 5 to 8 this year, focused primarily on the automotive, IoT, smart home,…
Tesla Leads US EV Market, Eclipsing Next 15 Brands Combined
EV sales in the US grew by 52% YoY during Q3 2022. Top 10 EV models constituted almost 70% of EV sales. US EV sales are expected to exceed 10…
Thailand Leads Southeast Asia EV Market With 60% Share
Southeast Asia’s electric vehicle sales grew 35% YoY in Q3 2022. The top five brands accounted for almost 67% of the region’s passenger EV sales.…
Mercedes Fends off VW in Europe EV Market
Europe’s EV market grew 17% YoY in Q3 2022 despite an 8% overall passenger car sales decline. Germany continued to lead the European EV market by…
ADAS Penetration Crosses 70% in US in H1 2022, Level 2 Share at 46.5%
The share of Level 2 cars in the US’ total car sales increased to 46.5% in H1 2022. Toyota and Honda led the Level 2 segment with 24% and 14% shares…
European EV Market Grew 16% in Q2 2022 led by Mercedes
Mercedes-Benz overtook Volkswagen to become the top-selling EV brand in Europe. Germany leads the European market with 28% market share. The top 10…
China Q2 EV Sales Almost Doubled YoY, Despite a Weak Quarter
BYD led China’s EV market, followed by Wuling, Tesla, Chery and GAC Group. Top 10 EV models in China accounted for more than 44% of the country’s…
LiDAR Now High on Automotive Industry Radar
LiDAR shipments are expected to cross 100 million units by 2030 driven by the automotive industry. The increase in demand for LiDAR will match the…
Global EV Sales up 61% in Q2 2022; BYD Leads Market
Global passenger electric vehicle (EV) sales* reached 2.18 million units in Q2 2022. BYD Auto overtook Tesla to become the top-selling EV brand…
Global EV Shipments Up 79% YoY in Q1 2022; Tesla Remains Leader
In Q1 2022, global electric passenger vehicle (EV) shipments exceeded 1.95 million units. Passenger battery electric vehicle (BEV) shipments grew…
Qualcomm Bolsters Automotive Presence with One More Deal
Qualcomm has inked a deal with Stellantis, the world’s fourth-largest automaker. Stellantis controls a large number of iconic brands including Fiat,…
Price Hikes Slow Automotive Industry Recovery
The global automotive industry has been in turmoil since 2020. The industry and its supply chain were initially disrupted by COVID-19, and then by…
u-blox Makes a Strong Comeback in 2021; Modules Contribute Most of Revenue
u-blox, a global leader in wireless and positioning technologies, has announced its 2021 financial results. The company made a strong rebound after…
Top 10 Automotive Announcements at CES 2022
The annual Consumer Electronics Show (CES) held this year from January 5 to 7 saw attendance from tech companies from various domains such as 5G,…
Will Foxconn Shake EV Industry?
Apple supplier Foxconn, with an aim to diversify its business and reduce overdependency on Apple for revenue generation, is betting big on electric…
Top 10 Automotive Announcements in CES 2021
Like the past few years, automotive players used the 2021 edition of the Consumer Electronics Show (CES), organized from January 11 to 14, to…
5G Connected Cars to Grab 40% of China Market by 2025
Beijing, Hong Kong, New Delhi, London, Seoul, Buenos Aires, San Diego – December 18, 2020 5G connected car sales volume in China will jump to 7.1…