Tag: BEVs

BEVs Surge 34% in Europe, Dominating October Sales
EV & Electric Cars, News

BEVs Surge 34% in Europe, Dominating October Sales

European electric vehicle (EV) sales continued their upward trajectory in October, with battery-electric vehicles (BEVs) witnessing a 34% year-over-year increase to reach a market share of 21%. Overall, plugin vehicles saw a significant rise of 36%, contributing to the growing trend towards electrification.Key TakeawaysBEVs achieved a record high of 21% market share in October.Total plugin vehicle registrations reached 346,000 units, up by 36% YoY.The overall car market grew by 5%, with BEVs and PHEVs leading the charge.October’s sales data highlights a significant shift towards electrified vehicles in Europe. With 229,000 BEV registrations, these cars now account for nearly one-fifth of all new car sales in October. Additionally, plug-in hybrid electric vehicles (PHEVs) saw an impressive ...
Xiaomi Boosts 2025 EV Sales Target to 400,000 Units
EV & Electric Cars, Industry & Business, News

Xiaomi Boosts 2025 EV Sales Target to 400,000 Units

Xiaomi, a rapidly growing automaker in China, has raised its battery electric vehicle (BEV) sales target for the year 2025 from an initial estimate of 350,000 units to a new goal of 400,000 vehicles. The company is celebrating the production milestone of its 500,000th BEV unit just one year after launching vehicle manufacturing at its Beijing facility.The revised sales target reflects an impressive threefold increase over Xiaomi's delivery volume of 135,000 cars in 2024. This growth is largely attributed to the strong performance of the company’s SU7 sedan and YU7 SUV models. Despite this ambitious expansion plan, Xiaomi remains committed to prioritizing safety and quality as it ramps up production.Xiaomi's success has positioned it as a formidable competitor in China's EV market alongside...