EV Company News For The Month Of December 2019


  • Global electric car sales were down 26% year-over-year in November, reaching 2.2% market share.
  • EV market news - 2020 set to be year of the electric car, say industry analysts, as the world’s biggest manufacturers scramble to lower their carbon dioxide emissions.
  • EV company news - Tesla Shanghai begins Model 3 deliveries and is reportedly making 1,000 cars per week. BYD lands Europe's largest ever electric bus order of 259 pure-electric buses.
  • GM announces its own battery gigafactory with LG Chem in Ohio. Fiat Chrysler and Peugeot agree to a $50 billion merger.
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Welcome to the December 2019 edition of Electric Vehicle company news. December saw November global electric car sales fall 26% mostly led by declines in China EV sales. Europe again performed very well up 44% year-over-year.

The big news this month were: China draft raising 2025 electrified-car sales target to about 25%, Fiat Chrysler-Peugeot $50 billion merger, and Tesla beginning Model 3 deliveries in Shanghai. The other major theme was automakers getting ready for the new lower emissions targets in Europe that begin on January 1, 2020.

Global electric car sales as of end November 2019

Global electric car sales finished November 2019 with 177,000 sales for the month (up from 150,000 last month), down 26% on November 2018, with market share at 2.2% in November, and 2.2% YTD.

Of note 76% (not updated since August) of all global electric car sales were 100% battery electric vehicles (BEVs), the balance being hybrids.

China electric car sales were 83,000 in November 2019 (up from 65,000 in October), down 42% on November 2018. Electric car market share in China for November was 4.0%, and 5.4% YTD.

Subsidies in China were reduced by 20% in 2017 and were reduced again in on June 25, 2019, and are to be reduced 100% by 2021. The China's Zero Emission Vehicle credit system (NEV credit scheme) in 2019 requires 10 points of credits (12 in 2020) required from new energy vehicles (NEVs). It's currently under consideration to be increased (14 in 2021, 16 in 2022 and 18 in 2023). A December report from Reuters stated: "China wants new energy vehicle sales in 2025 to be 25% of all car sales."

Europe electric car sales were 55,000 in November 2019, 44% higher than in November 2018. Europe electric car market share was 4.6% in November, and

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