Tag: BYD Seagull
Colombia EV Sales Report: EVs Grow 159% YoY, Reach Record 8.5% Market Share in December!
After years of EVs being priced well above their thermal competition, the arrival of a veritable armada of competitively priced EVs in Colombia (most, but not all, being Chinese) has resulted in the obvious consequence: people are buying them in droves. Record after record has been placed since October, with … [continued]
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South Africa Introduces Tax Incentives to Encourage Local Production of Electric Vehicles
There are calls for wider incentives, including the reduction of import duties levied on EV imports, in South Africa. The automobile manufacturing sector is a critical pillar of South Africa’s economy. The country’s automotive industry contributes 5.3% to GDP (3.2% manufacturing and 2.1% retail). In 2023, the export of vehicles … [continued]
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South Africa’s ICE Vehicle Exports Decline by 23% In 2024
Growing competition from EVs in key markets cited as one of the reasons for sharp decline. Six years ago, I wrote an article on how South Africa could miss out on the massive opportunities from the EV transition if the country did not act fast enough. That’s because the auto … [continued]
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November Global EV Sales — Models
Plugin Vehicles Grew to a Record 1.84 Million Units in November! Global plugin vehicle registrations were up 32% in November 2024 compared to November 2023. There were 1.84 million registrations, which is a new record month, the 3rd in a row. BEVs were up by 22% YoY (year over year), … [continued]
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