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Volvo Cars aiming for 50% of sales to be fully electric by 2025

Green Car Congress

Volvo Cars aims for fully electric cars to make up 50% of its sales by 2025, the company announced in Beijing. The announcement builds on Volvo Cars’ 2017 announcement that all new models released from 2019 will be available as either a mild-hybrid, plug-in hybrid or battery-electric vehicle. New Volvo XC40 T5 plug-in hybrid.

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Electric vehicles outsell ICE cars in Norway, forecasting a combustion engine decline

Teslarati

Camilla Ryste, the Norwegian Automobile Association (NAF) communications manager, forecasted that petrol and diesel cars will be a “rare bird” on Norwegian roads. She calculated that it would not take long before more electric vehicles were on the road, given that two out of three new cars were fully electric.

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Nissan accelerates EV plan for Europe and Japan, but not US

Green Car Reports

Nissan announced Monday that as part of an accelerated shift to electrified and fully electric vehicles it sees 55% of global mix made up by “electrified” vehicles by 2030—up from its previous 50% forecast.

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Navigant forecasts annual plug-in electric vehicle sales in N America to exceed 1.1M by 2024

Green Car Congress

In a new report, Navigant Research forecasts that North American plug-in electric vehicle (PEV) sales will exceed 1.1 The report, Electric Vehicle Geographic Forecasts , provides data and forecasts for LD PEV sales in North America, including US states, MSAs, and utility service territories and Canadian provinces and cities.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

In the short term, price will be the most significant limitation to the uptake of both plug-in hybrid vehicles like the GM Volt and fully electric vehicles such as the Nissan Leaf, BNEF said. The BNEF forecast is based on first identifying the addressable market for plug-in vehicles—i.e., Last week, J.D. Earlier post.)

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ABB-sponsored report suggests global plans for 80 new EV battery gigafactories insufficient

Green Car Congress

A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.

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