Norway has achieved a significant milestone in sustainable transportation, with 82.4 percent of all new cars sold in 2023 being electric. This marks an increase from the previous year and aligns with the country's goal to phase out petrol and diesel car sales by 2025. Tesla's Model Y led the charge, contributing to a significant portion of the electric vehicle sales, followed by other popular brands like Toyota and Volkswagen.
The automotive industry is gearing up for an exciting 2024 with a lineup of innovative electric vehicles (EVs) from established and emerging manufacturers. Hyundai's Ioniq 7 will be one of the last to use the E-GMP platform before transitioning to next-gen platforms eM and eS, promising significant range improvements and Level 3 autonomous driving. Land Rover is set to release a fully electric Range Rover with extensive testing in extreme conditions and rapid charging capabilities. Ford's Explorer crossover will feature Volkswagen's MEB platform, while Polestar 4 eliminates the rear window for better aerodynamics. Porsche's all-electric Macan and Audi's Q6 e-tron are expected to deliver high performance and cutting-edge technology. Nimbus One introduces a three-wheeled urban EV, and BMW plans to refresh the i4 with improved range and infotainment. Lotus, BYD, and Volvo are also contributing to the diverse EV offerings with their respective models. Additionally, several Chinese manufacturers like Li Auto, Luxeed, Xiaomi, XPeng, and JiYue are set to make significant impacts with their innovative EVs, highlighting China's growing influence in the global EV market.
BYD achieved a significant milestone by selling 3,024,417 new energy vehicles (NEVs) in 2023, meeting its target of 3 million units and marking a 62.3% increase year-on-year. The company saw a record 341,043 NEV sales in December alone, with a notable 70.41% increase in battery electric vehicles (BEVs) from the previous year. BYD's international sales also surged, with a 493.51% increase in overseas NEV sales for the year. The company has ceased production of internal combustion engine vehicles, focusing on BEVs and plug-in hybrids (PHEVs), and is rapidly expanding its global market share, catching up with Tesla in the BEV segment.
