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Volvo Cars January global sales up 2%; Recharge models up 31%, for 40.7% of all cars sold

Green Car Congress

Sales of Volvo CarsĀ“ Recharge models of fully electric and plug-in hybrid cars increased by 31% in January year-on-year, accounting for 40.7% The increase was led by markets such as the UK, Italy and Belgium. Recharge sales, which in addition to fully electric cars also includes plug-in hybrids, accounted for 59.8%

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Volvo Car Corporation to start demonstration program of electric cars in Shanghai

Green Car Congress

In January 2011, Shanghai was selected as an international electric vehicle pilot city by the Chinese government and the Jiading district of Shanghai was announced as an electric vehicle demonstration zone. The Volvo C30 Electric is manufactured in the Volvo Cars Ghent plant in Belgium and finalized in the Torslanda plant in Sweden.

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

Green Car Congress

The majority of American consumers surveyed (58%) expect an electric vehicle to recharge its battery in two hours or less, and nearly one in four Americans (23%) expect a 30-minute charge time. Chinese consumers appear the most willing to pay a price premium, but even still, 44% indicate they will not pay anything extra.