Japanese automaker Nissan reported that sales of the compact Nissan Leaf hatchback exceeded 400,000, which was achieved for the first time among all models of electric vehicles produced by other automakers. According to CNBC, the Japanese company also stated that the number of Nissan Leaf electric vehicles sold since their launch allows the saving of 3 million 800 thousand barrels of oil per year. In 2018, this model became a bestseller in Europe, where, according to EV-Volumes, a total of 408,000 hybrid cars were sold. In 2017, the number of electric and hybrid cars purchased in the world increased by 54% compared to 2016, exceeding 3 million cars, data from the International Energy Agency showed. As previously reported, the global automakers' investment in the development of electric vehicles in the next 10 years will amount to about $300 billion.
On Tuesday, Tesla Inc.’s (TSLA.O) Chief Executive Officer Elon Musk announced that the automotive company would start to open its licensing software to supply powertrains and batteries for other car manufacturers. “Tesla is open ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...