In April 2024, electric vehicle (EV) sales saw significant growth, with Volvo Cars reporting a 27% year-on-year increase, driven by strong demand for its electric models. This surge in sales is reflected in the EV market share in Norway reaching 91.0%, with Volvo's EX30 model becoming the top seller. Additionally, BYD's sales figures were notably high, with a total of 312,048 vehicles sold, marking a 49% increase from the previous year. This includes 134,465 battery electric vehicles (BEVs) and 177,583 plug-in hybrid electric vehicles (PHEVs). The global EV market continues to expand, with EVs projected to account for one in every five cars sold in 2024. NIO and XPeng also reported a jump in smart EV sales, further indicating robust growth in the sector. Overall, April EV sales were up 45% from 2023.
Global News | UK new car registrations up 1.0% YoY in April to 134,274 units: Agencies https://t.co/BCZAIrykPy
Tesla shipments from its Shanghai factory dropped year-on-year in April even as the overall market for new-energy cars grew https://t.co/rokaE9zZG0
Tesla shipments from its Shanghai factory dropped year-on-year in April even as the overall market for new-energy cars grew https://t.co/6RBkDxdxcW
"Electric car sales record their best ever start to a year" - i news reporting figures from @New_AutoMotive https://t.co/Tim7hQLF6u
Latest from the "stalling" electric car market… https://t.co/oWDt3O9c9Z
🇬🇧 United Kingdom United Kingdom New Passenger Cars Registration (Apr) $GBP Actual: 134,274.0 Previous: 317,786.0
$TSLA | Tesla’s China April Delivery Down 30% M/M, PCA Preliminary Data Shows
$TSLA China reported 10.9K insured registrations for the week of 4/29 - 5/5. After 5 weeks, 2nd Qtr is -15.2% QiQ and -6.1% YoY. Source: @piloly https://t.co/KHotz9xNCc
⚠️ TESLA'S CHINA-MADE EV SALES FALL 18% Y/Y IN APRIL Full Story → https://t.co/lhIRIrKWcA U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, the China Passenger Car Association (CPCA) data showed on Tuesday. https://t.co/6JgAPRv6kw
⚡Based on the preliminary data, China's automakers delivered around 800,000 NEVs in April +33% y/y or -2% m/m. #Tesla $TSLA $BYD $NIO $LI $XPEV https://t.co/dAQbA7mznZ
⚡CPCA preliminary data shows Tesla China delivered 62,167 vehicles in April. BYD delivered 312,048 vehicles, and Chana delivered 51,682 vehicles. #Tesla $TSLA $BYD https://t.co/bZp0wI0zR8
⚡CPCA preliminary data shows Tesla China delivered 62,167 vehicles in April.
🇬🇧 United Kingdom Car Registration (YoY) $GBP Actual: 1.0% Previous: 10.4%
UK house prices inch up as high rates squeeze buyers, Halifax says https://t.co/cHQeVNNdcF https://t.co/gHjiI0xSCX
Battery electric vehicle (BEV) market share rises to 16.9%, sustained entirely by business buyers, as private retail demand continues to drop. https://t.co/SUHEeXfpAP https://t.co/HhUDKZvNSU
UK NEW CAR REGISTRATIONS UP 1.0% YEAR-ON-YEAR IN APRIL TO 134,274 UNITS - SMMT
The average UK house price rose by 0.1% in April month-on-month, after a fall of 0.9% in March, according to an index ✍: @ThisIsVickyShaw https://t.co/eUa1XgiRqh
UK house prices stagnated in April, according to Halifax, adding to evidence of a property market facing headwinds from rising mortgage rates https://t.co/NhGt3FC2AX
⚠️ UK HOUSE PRICES RISE 0.1% M/M IN APRIL, HALIFAX SAYS Full Story → https://t.co/QipXdECsqw British house prices in April were 0.1% higher than in March and 1.1% higher than in April 2023, figures from mortgage lender Halifax showed on Tuesday, following a 0.4% annual rise… https://t.co/QV8A4sxD9K
UK HALIFAX HOUSE PRICES (M/M) APR: 0.1% (PREV -1.0%)
🇬🇧 United Kingdom Halifax House Price Index (YoY) (Apr) $GBP Actual: 1.1% Previous: 0.4%
🇬🇧 United Kingdom Halifax House Price Index (MoM) (Apr) $GBP Actual: 0.1% 🔴 Expected: 0.2% Previous: -0.9%
UK new car sales grow in April, preliminary industry data shows https://t.co/VrLnPgTXAN https://t.co/FG8QOrTYEc
UK NEW CAR REGISTRATIONS RECORD 21ST MONTH OF GROWTH IN APRIL - SMMT PRELIMINARY DATA
US Electric vehicle (EV) sales growth continued to slow in 1Q (Kelley Blue Book) In 1Q24, Americans bought 268,909 new EVs. EV share new-vehicle sales in 1Q was 7.3%, a decrease from 4Q23 While annual EV sales continued to grow, the growth rate has slowed notably. Sales in Q1…
NEWS: Volvo Cars April sales rise on strong EV demand. Volvo said sales of fully electric cars were up 94% and accounted for 26% of all sales globally in the month of April. https://t.co/qPU338wLpD
April EV sales up 45% from 2023. To the extent EV sales are stagnating, it's in Germany and the U.S. https://t.co/ToSPyV4MmG
Good morning with good news. BYD April 2024 sales skyrocketed: BEVs: 134,465 (up 29%) PHEVs: 177,583 (up 69%) Total: 312,048 (up 49%) BYD could sell ~4 million EVs out of 2024 global total 17 million. EVs will be about 1 in 5 cars sold globally in 2024! https://t.co/9dhrzYlWGA https://t.co/qQTln7GP7D
NIO & XPENG Smart EV Sales Jump in 2024 https://t.co/TuKDlxV8kB
Germany reported 1,637 Tesla sales and 0.7% market share for April. 🇩🇪 • Second best April ever • -32% vs. April last year • Last three months -4.3% vs. November - January • Year-to-date -36% over same period last year • Year-to-date is 23% or 2.8/12 of last year's total https://t.co/iU8StVBneV
Volvo Cars April Sales Rise on Strong EV Demand https://t.co/T16ZbVLjIp
2024 sees record start to year for electric vehicle sales https://t.co/KEr8HPaj5y
Volvo Cars April sales rise on strong EV demand https://t.co/gZjoHG5WOD https://t.co/Q1kikXcAFZ
⚠️ VOLVO CARS APRIL SALES RISE 27% YEAR-ON-YEAR Full Story → https://t.co/fXxvphDxSC https://t.co/W9u7bAedcU
EVs Take 91.0% Share In Norway — Volvo EX30 Grabs Top Spot https://t.co/rUF4ttVtBO