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Volvo EX60 set to arrive as new Tesla Model Y, Porsche Macan luxury electric SUV rival

Baua Electric

A new all-electric luxury SUV is set to hit the market next year to compete with Tesla’s best-selling Model Y. Volvo is joining the luxury electric SUV market with its new EX60 launching next year. The new EX60 will rival premium models from Tesla, Porsche, BMW, and Mercedes-Benz. FTC: We use income earning auto affiliate links.

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Porsche sticks to EV sales target with new electric Macan already seeing strong orders

Baua Electric

Porsche is launching four new vehicles this year, its most ever. This will include the new all-electric Macan EV , which Porsche says is already seeing strong orders. Porsche generated $44.2 Despite rising inflation and “exceptionally high investments,” Porsche maintained an operating return on sales of 18%.

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Tesla Model Y was Germany’s best-selling SUV in February 2024

Teslarati

The Tesla Model Y is continuing its quiet conquest of Europe’s SUV and battery electric vehicle sector. In February 2024 alone, the Model Y secured its place as the best-selling SUV and battery electric vehicle (BEV) in Germany with sales of 5,408 units. As per the KBA, 61,925 SUVs were sold in the country in February 2024.

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Porsche Taycan follows 911 with double-digit sales growth in 2023

Baua Electric

Porsche Taycan sales picked up toward the end of 2023, with over 40,600 electric models handed over last year. The Taycan followed the Porsche 911 with double-digit sales growth in 2023. Porsche delivered 40,629 Taycan electric cars last year, up 17% compared to 2022. Porsche’s sole EV represented 10.8%

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Luxury car & SUV sales in India rise 20% to 45,000+ units in FY24 | Autocar Professional

Baua Electric

A global trend that has also found resonance in India over the past three years is the soaring demand for luxury as well as super-luxury cars and SUVs. As per JATO Dynamics India, cumulative sales of seven luxury carmakers in FY2024 were 45,311 units, up 20.5 The sales are split 56 percent in favour of SUVs and 44 percent for sedans.

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Porsche retires gas-powered Boxster and Cayman in the EU with all-electric model coming

Baua Electric

The gas-powered Porsche 718 Boxster and Cayman models are being discontinued in Europe as an all-electric version approaches its debut. Porsche retires gas-powered 718 Boxster, Cayman cars After announcing plans to retire its best-selling SUV in Europe, the Macan, Porsche will do the same with its 718 Boxster and Cayman models.

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Electric car and SUV sales jump 90% to 90,000 units in FY2024 | Autocar Professional

Baua Electric

In tandem with the handsome growth of the e-two-wheeler and e-three-wheeler segment, the electric passenger vehicle segment, which comprises cars, SUV and MPVs, has also registered record retail sales. The Ioniq 5 accounts for the bulk of the sales, which have given Hyundai a 2% market share.

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