Global vehicle sales grew by 3.4% between January and April 2018 to 28.8 million units. The data for 53 markets from JATO (around 90% of the global total) indicates that the growth pace continues thanks to the positive economic indicators and good mood among consumers in most of the key markets. Even if almost two in three of the vehicles were sold in China, USA and Europe, most of the growth was driven by emerging countries like India, Brazil and Russia. All three of these m

China made more than half of electric car purchases in the third quarter. Electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China. Sales of battery electric vehicles and plug-in hybrids exceeded 287,000 units in the three months ended in September, 63 per cent higher than the same quarter a year ago and up 23 per cent from the second quarter, according to a report released Tuesday by Bloomberg New Energy Finance (BNEF). China

How fast that revolution will unfold is the source of much dispute and uncertainty. And it matters a great deal to oil demand, electricity demand, greenhouse gas emissions, air pollution, and global trade flows. In many ways, questions around EVs parallel questions around renewable energy. They have both been consistently underestimated. If they continue beating expectations, revolution is nigh. But there’s also a lot of hype, wildly conflicting projections, and plenty of ris

China's Dongfeng Motors and the French government will each invest about 800m euros (£660m) in return for 14% stakes. Another 1.4bn euro