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UK Auto Market Sees Surge in BEV Sales Ahead of ZEV Mandate
In November, the UK auto market saw plugin EVs capture 35.3% of sales, with BEVs alone accounting for 25.1%. Tesla led the market with 12% share, followed by Volkswagen and Mercedes. As manufacturers rush to meet the 2024 ZEV mandate, significant discounts on BEVs are expected in December.
Xiaomi's innovative electric cars challenge traditional automotive giants with smart integration
Xiaomi is set to launch its electric car, the SU7, which integrates seamlessly with its ecosystem of smart home products, allowing users to control devices like vacuums and air conditioners from the vehicle. The SU7 features a powerful triple-motor drivetrain and a user-friendly operating system compatible with both iOS and Android. Upcoming models include the MX11, an electric SUV, and a potential extended-range vehicle, reflecting Xiaomi's ambition to capture the young Chinese consumer market.
electric vehicle market trends in australia and new zealand october update
The Australian EV market is experiencing a paradox with new electric vehicle launches coinciding with declining sales, attributed to high inflation and consumer hesitation. Despite a surge in sales for the MG4, overall BEV penetration has dropped to 6.8%, while New Zealand mirrors this trend with stable penetration rates and lingering inventory issues. As over 40 new EVs are expected by 2026, the market anticipates a pivotal shift in consumer sentiment and sales dynamics.
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