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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The share of Recharge cars as a percentage of total sales more than doubled in 2020, compared to 2019. Volvo XC40 Recharge production in Ghent, Belgium.

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

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Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 31% in January year-on-year, accounting for 40.7% European sales for January reached 21,436 cars, up 14.7% compared with January last year.

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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

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Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. Volvo Cars has an ambition to move towards annual sales of 1.2 The new facility represents an investment of around €1.2

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Volvo Trucks leading market in Europe and in N America for electric heavy-duty trucks

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Volvo Trucks leads the market in Europe and in North America for heavy electric trucks after the first quarter of 2023. In total, the manufacturer has sold almost 5,000 electric trucks in about 40 countries. Now, its electric product range is being made available in new markets in Asia, Latin America and Africa.

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Prayon and Pulead to create JV for manufacture and sale of lithium iron phosphate material for Li-ion batteries

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Major cathode material producer Pulead (China) and phosphate leader Prayon (Belgium) have entered into an agreement to form a joint venture for the manufacture and sale of lithium iron phosphate (LFP) under licence from LiFePO 4 +C Licensing LLC. The joint venture will help meet the increasing global demand for licensed LFP.

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ACEA: electric buses made up 4% of new bus registrations in Europe in 2019

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tonnes) registered in the European Union were fueled by diesel; the market share of gasoline in this segment was close to zero. of the EU bus market in 2019, with electrically-chargeable vehicles (ECV) making up 4.0% of total new bus registrations, according to the ACEA (European Automobile Manufacturers Association).

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4Q 2019: EU diesel demand continues to drop while gasoline gains; plug-ins up 80.5% y-o-y

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of new-car registrations, according to data from ACEA, the European Automobile Manufacturers Association. of the EU market, while electrically?chargeable of total new car sales across the region from October to December last year. powered vehicles (APV) combined held a market share of 13.2%. All alternatively?powered

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