Report Says Volkswagen Could Take Tesla's EV Crown In 2024 | Carscoops carscoops
that could rapidly grow its presence in the EV industry. Bloomberg suggests that BYD will be the world’s third-largest EV manufacturer this year and hold on to this position through 2023, 2024, and 2025, sitting above the likes of Ford, General Motors, Changan, Stellantis, Geely, Mercedes-Benz, and Toyota.
Interestingly, Bloomberg suggests that the global adoption of electric vehicles will not be as fast as many predict. In fact, it suggests that the global mix of battery electric vehicles will only reach 15 per cent in 2025, a jump from 6 per cent in 2021. China will remain the dominant region where 25 per cent of sales will be for EVs in 2025 compared to 11 per cent in 2021. Approximately 20 per cent of vehicles sold throughout Europe are predicted to be EVs in 2025, up from 9 per cent in 2021.
The middle of this decade is expected to coincide with a plethora of new BEV platforms and advanced battery technologies that will make electric vehicles more affordable and desirable to consumers., their soaring BEV sales could come at the expense of pricing and profitability, having ceded first-mover advantages to Tesla.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid care home restrictions in Scotland caused harm, says reportScottish Covid Inquiry researchers say lockdown restrictions may have contributed to some deaths.
Read more »
More people are avoiding the news, and trusting it less, report saysA growing number of people are selectively avoiding important news stories such as the coronavirus pandemic, Russia's invasion of Ukraine, and the cost-of-living crisis, according to a report released on Tuesday.
Read more »
WWE Board Investigates Secret $3 Million Hush Payment by CEO Vince McMahon, Report SaysA WWE spokesman told the WSJ that the company is cooperating with the board’s investigation into the alleged McMahon payment.
Read more »
Abortions in U.S. rose in 2020, ending decades-long decline, report saysThe number of abortions in the United States rose in 2020, ending a 30-year decline, according to a new report from a research and advocacy group that favors abortion rights.
Read more »
'Normal birth' term makes women feel failure, midwives' report saysA midwives' report into language used during labour and childbirth finds it should be less judgemental.
Read more »
Shanghai Is the World’s Most Expensive City to Live in, a New Report SaysThe Big Apple, meanwhile, dropped to No. 11 on the list.
Read more »