The global automotive industry experienced a 54% drop in company filings mentions of electric vehicles in Q2 2024 compared with the previous quarter, with the highest share accounted for by Ford Motor with 172% year-on-year increase, according to GlobalData’s analysis of over 209 automotive company filings. GlobalData’s Automotive: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the automotive industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, electric vehicles was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of digital media and internet of things, according to GlobalData.
Of the top leading companies in the automotive industry, Ford Motor had the greatest increase in references for electric vehicles in Q2 2024, compared with the previous quarter. GlobalData identified 128 electric vehicles-related sentences in the company's filings - 3% of all sentences - and an increase of 172% in Q2 2024 compared with Q2 2023. Volkswagen’s mentions of electric vehicles rose by 18% to 47 and Stellantis’s by 77% to 32 and Renault’s by 333% to 26 and Aptiv’s by 257% to 25.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for electric vehicles in Q2 2024 was 86.
For further understanding of GlobalData's Automotive: Filings Trends & Signals Q2 2024, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.