Tag: GAC
China Adjusts VAT Exemption For Exported Vehicles
People love to complain about how China provides massive state subsidies to its domestic manufacturers, as if the US, the EU, and Japan do not. Whether is it a zillion tax breaks for corporations or forgiveness of local property taxes, the last thing any business in the west wants is … [continued]
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Top Selling Electric Vehicles in the World — 27% EV Share in August!
BEVs Up, PHEVs Down Plugin vehicle registrations were up 5% year over year (YoY) globally in August, ending the month at around 1.8 million units. Once again, BEVs (+13% YoY) and PHEVs (-12% YoY) are experiencing opposite dynamics, with pure electrics firm in double-digit growth while plugin hybrids remain in … [continued]
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Uruguay EV Sales Report: Sales Soar in August as Market Share Reaches 56%!
Latin America’s small champion keeps making headlines and surpassing even the most optimistic expectations. Uruguay’s EV adoption has diverged from the region and reached a level that many of us would’ve though irrationally optimist only two years ago. Amidst a booming vehicle market, Uruguay EV sales have exploded through 2026, … [continued]
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Top Selling Electric Vehicles in the World — 27% EV Share in July!
Plugin vehicle registrations were up 7% year over year (YoY) globally in July, ending the month at around 1.8 million units. Once again, BEVs (+16% YoY) and PHEVs (-11% YoY) are experiencing opposite dynamics, with pure electrics firm in double-digit growth while plugin hybrids remain in deep red (since the … [continued]
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The ICE Meltdown Continues — July’s China EV Sales Report (44% BEV Share)
Petrol model sales crash 44% in July! High gas prices and a never-ending wave of new BEVs has allowed July to reach record EV market share, with plugins reaching a record 65%! However, while record market share was achieved in the past thanks to strong EV sales, this time, the … [continued]
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