Job Change x Trend News] EVs are selling well! A summary of news related to EV sales by manufacturer and country

Here you will find trending news topics in the automotive and mobility markets around the world.

We carefully select interesting news in the automotive industry, both domestic and international, and translate and summarize the contents for your reference. We hope you will find it useful in catching up with the latest news in the industry.

Sales of EVs and other new energy vehicles in China exceeded 10 million units for the first time last year

Jan 13, 2024 by NHK

China’s sales of new energy vehicles in 2024 reached 12.866 million units, surpassing the 10 million mark for the first time. This represents a 35.5% increase over the previous year and 40.9% of total new vehicle sales.

This is due to increased domestic demand from government measures to promote replacement purchases and increased exports. Overall new vehicle sales are also expected to reach a record high of 3,143,000 units, and exports are expected to be the world’s largest for the second consecutive year at 5,859,000 units. However, the future outlook is uncertain due to concerns about tariff hikes in Europe and the U.S. and trade friction between the U.S. and China.

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Honda to incorporate proprietary software in EVs to compete with emerging U.S. and Chinese manufacturers

Jan 08, 2024 By NHK

Honda has announced that its new EVs, which will be rolled out starting in 2025, will be equipped with its proprietary ASIMO OS.

The software will feature Level 3 self-driving functionality, allowing drivers to watch videos without taking their eyes off the road ahead, and will also implement AI-based destination suggestions, charging station guidance, and in-car environment customization functions. In the EV market, where Tesla and Chinese manufacturers are leading the way, Honda aims to increase its competitiveness with its unique software technology.

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Audi to be overtaken by Tesla in 2024 sales – Sluggish demand for EVs in Europe

Jan 14, 2024 By Bloomberg

Audi’s 2024 sales volume was 1.67 million units, down 12% from the previous year and below Tesla’s 1.79 million units.

Both companies faced difficult market conditions, and although Tesla recorded its first sales decline in over a decade, it maintained its position as the world’s number one EV maker. Audi struggled especially in the European and Chinese markets due to increased competition and sluggish demand for EVs, with sales of complete EVs down 8% to approximately 164,000 units.

Weak demand for luxury cars and subsidy cuts have forced the entire VW Group to adjust production, and Audi is considering closing its Brussels plant.

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