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  • Global sales up 34% in 2024: XPeng sets a new record with over 190k units delivered

    XPeng has closed 2024 achieving its best-ever global sales performance delivering a total of 190,068 units throughout the year, marking a 34% increase over the same period in 2023. Key contributors included the XPeng Mona M03 BEV sedan, which surpassed its 50,000 unit mark milestone in just four months since its launch and sales consistently exceeding over 15,000 units sales per month. The XPeng P7+ fastback has been a consistent performer, dubbed the world’s first AI-defined vehicle for integra

    ArvindArvind

    Jan 6, 2025

  • Boosted by the Sportage; Kia sets another global sales record in 2024 with ~3.09 million units sold

    Kia Corporation has achieved another global sales record in 2024 recording global sales at 3,089,457 vehicles—a slight increase of 0.1% compared to 2023’s previous record of 3,087,384 units. The Kia Sportage emerged as the company’s top-selling model, contributing significantly to this achievement with an impressive 587,717 units sold globally, accounting for over 19 percent of the company's total tally. Excluding special purpose vehicles, Kia’s sales outside Korea grew by 1% year-on-year, reach

    ArvindArvind

    Jan 6, 2025

  • Despite fuel prices at circa ~RM 5.60/L, BEVs are not expanding in Australia - only hybrids, PHEVs, record sales growth in 2024

    Australia's automotive landscape in 2024 revealed quite a striking trend: hybrid and plug-in hybrid (HEVs, PHEVs) vehicles were the only electrified segments to show sales growth for the year compared to 2023, according to Vfacts data reported by WhichCar. Hybrid sales experienced a dramatic surge, climbing to 172,696 units in 2024, a remarkable 76% increase from the 98,105 units sold the previous year. PHEVs also saw a significant uptick, with 23,163 vehicles sold—a 100% jump compared to the 11

    SanjaySanjay

    Jan 6, 2025

  • Reneging on Proton, Geely gets ready to set up its Indonesian dealership

    Despite once promising Proton to not enter the larger and more lucrative right-hand drive (RHD) markets in the ASEAN region, Geely has broken said word by launching its global battery electric vehicle (BEV) model, the Geely EX5 in Thailand in November 2024. In early December, P1’s Chinese parent also announced that it formed a strategic partnership with five prominent Indonesian dealers as it looked to expand into the archipelago. While none of the 5 dealers’ names were mentioned in the initial

    CY FoongCY Foong

    Jan 6, 2025

  • If Toyota only sold hybrids, they'd be 2nd in Australia's 2024 overall car sales - hits 500k hybrid sales milestone too

    Toyota has reached a major milestone in Australia, delivering its 500,000th hybrid electric vehicle (HEV)—a RAV4—during December 2024, rounding off a record year for electrified sales. In 2024, Toyota sold 118,081 hybrids, a 63.8% surge from 72,084 in 2023, marking the first time a single brand or the industry has exceeded 100,000 hybrid sales in a year. Hybrids accounted for 48.9% of Toyota’s total sales, up from 33.5% last year, with electrified models, including the bZ4X and Mirai, making up

    SanjaySanjay

    Jan 6, 2025

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