Tesla Reports Record Revenue, Deliveries in Q4 2022
Tesla’s total revenue stood at $24.3 billion in Q4 2022 with 37% YoY growth. Tesla deployed 2.46 GWh of energy storage during Q4, a growth of almost…
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…
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…
Global Electric Vehicle Market Share, Q2 2021 – Q3 2022
Global Passenger Electric Vehicle Market Share, Q2 2021 – Q3 2022 Published date: December 16, 2022 This page depicts our quarterly data for global…
BYD Widens Gap with Tesla in Q3 2022, Leads Global EV Market
Three of the top five best-selling EV brands in Q3 2022 were from China. The top 10 EV models accounted for more than 35% of global EV sales. EVs…
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…
Tesla’s stellar Q3 performance
Tesla delivered nearly 343,900 vehicles during Q3 2022, an increase of 42.4% YoY Logistics remains a major bottleneck for Tesla deliveries Tesla can…
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…
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…
China Cloud on Tesla’s Q2 2022 Numbers; Fundamentals Remain Strong
Tesla sold more than 254,000 vehicles in Q2 2022, an increase of 27% YoY, which was below general expectations. This was the first time since the…
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…
One in Two Cars Sold Will Have Electric Powertrain by 2030
China will be leading the global EV market, followed by Europe and US. BEV will have nearly 40% share in the global passenger vehicle market by…
Tesla Reports Record Revenue in Q1 2022; Rising Raw Material Cost a Challenge
Tesla vehicle deliveries crossed 310,000 units in Q1 2022, a YoY increase of 68%. Revenue reached a record high of $18.8 billion during the……
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…
STMicroelectronics Q4 2021: Earnings Beat Expectations Driven by Automotive and Industrial
STMicroelectronics one of the leading electronics and Semiconductor manufacturer has announced its Q4 and 2021 Financial Results. Overall the…
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,…