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Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-38196

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birdman29

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14/09/24

09:23

Post #: 75672731
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Originally posted by birdman29: ↑

Tesla and BYD lead EV sales slump in August, despite price cuts and new models
SEPTEMBER 4, 2024
Electric car sales in Australia have dipped for the second month in a row during August – despite multiple existing EV makers cutting prices across their line-up and introducing multiple new models.
The latest data from the Federal Chamber of Automotive Industries (FCAI) and Electric Vehicle Council (EVC) shows that 5,892 battery electric vehicles were sold in Australia in August – a share of just 5.9 per cent of the overall new car market.
The data is now split into two sources following the breakaway of Tesla and Polestar from the main car lobby group, the FCAI. It reported 3,434 EV sales from the car makers it represents, while the Electric Vehicle Council revealed 2,458 sales from Tesla and Polestar.
Both brands, however, are sharply down from a year ago, with Model Y sales nearly halving from 2,314 in August last year to 1,300 in August this year, and down from 1,335 in July, although the Model 3 was up to 1,063 from 999 in the same month last year. Polestar 2 sales fell to 62 from 225 a year ago ahead of the release of the Polestar 3 and the Polestar 4...
EV sales have gradually been coming down and August represented the second lowest month of EVs by percentage this year after January, which had 5.5% of EV sales during the month.

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Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-38196

Vulcan appoints investment bank and M&A veteran to board

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

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Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-38196

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Vulcan appoints investment bank and M&A veteran to board

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

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