Why EV Sales Are Skyrocketing Despite the Doom and Gloom

/ 1 week ago March 4, 2025

From FutureAZA.

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Links from today’s show:
BYD’s exports soar 188% in February, global sales reach 322,846 vehicles

BYD’s exports soar 188% in February, global sales reach 322,846 vehicles

Xpeng delivered 30,453 cars last month, including more than 15,000 units of its lower-priced Mona vehicle. Xiaomi delivered more than 20,000 electric cars for a fifth straight month in February. Li Auto deliveries fell to 26,263 units last month, down from 29,927 the prior month. Nio deliveries dropped to 13,192 units in February.
https://www.cnbc.com/2025/03/03/chinese-ev-startup-xpeng-delivers-over-30000-cars-for-a-fourth-month.html

The Li i8 is Li Auto’s first all-electric SUV and second all-electric model after the Li Mega MPV. Li Auto CEO said last week that the company would have more than 15,000 superchargers by the time the Li i8 is released.
https://cnevpost.com/2025/03/03/li-auto-to-launch-li-i8-jul/

Why a Chinese Gadget Company Can Make an Electric Car and Apple Can’t. Xiaomi, which produces smartphones and consumer electronics, delivered 135,000 E.V.s last year after tapping China’s robust manufacturing supply chain.
NYTimes. No link due to overly aggressive paywall

Former Lucid Motors CEO Peter Rawlinson will receive $120,000 per month as an adviser to the automaker, a $2 million stock grant and a company car as part of a two-year “transition agreement,” the company said in a regulatory filing.
https://www.autonews.com/lucid-motors/an-lucid-ceo-peter-rawlinson-payout-0228/

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