article thumbnail

Adamas Intelligence forecasts global passenger EV market to deploy 762.9 GWh onto roads in 2023; December rule of thumb

Green Car Congress

GWh of battery capacity will be deployed onto roads in newly passenger EVs globally (+/- 12%). million passenger EVs (HEVs, PHEVs, BEVs) will be sold globally (+/- 10%) in 2023, translating to a sales-weighted average pack capacity of 38.7 GWh deployed onto roads globally. GWh deployed onto roads globally.

Global 195
article thumbnail

Volvo Cars sales down 17.2% in February, share of electrified cars increased to 33%

Green Car Congress

Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% Sales of Volvo Cars’ Recharge models made up for 33.0% of all Volvo cars sold globally during the month. Sales of fully electric cars increased by 229.5% of total sales. Recharge sales increased by 7.0% of total sales.

Volvo 275
article thumbnail

Ford suspending JV operations in Russia

Green Car Congress

In recent years, Ford has significantly wound down its Russian operations, which now focus exclusively on commercial van manufacturing and Russian sales through a minority interest in the Sollers Ford joint venture. The situation has compelled us to reassess our operations in Russia.

Russia 283
article thumbnail

Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

Green Car Congress

The Biden Administration had earlier in March authorized a drawdown of 30 million barrels in coordination with the IEA in response to Russia’s invasion of Ukraine. SPR releases of crude oil can occur under four conditions: emergency drawdowns, test sales, exchange agreements, and nonemergency sales. 2005 Hurricane Katrina Sale.

Oil 418
article thumbnail

Volkswagen and Toyota stop production of vehicles in Russia

Green Car Congress

Against the background of the Russian attack on Ukraine and the resulting consequences, the Group Board of Management of Volkswagen AG has decided to stop the production of vehicles in Russia until further notice. Toyota in Ukraine (sales and after sales operations; 37 retail locations) stopped all activities as of 24 February.

Russia 284
article thumbnail

Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

Green Car Congress

The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% This level of sales results in a cumulative total of 25.4 Fleet sales of NGVs are growing at a rate of 10.8%

2019 311
article thumbnail

Toyota Europe Q1 hybrid sales up 82.3% for 20% of total sales; Auris Hybrid the leader

Green Car Congress

Toyota Motor Europe (TME) posted 2013 first quarter sales of 197,309 Toyota and Lexus vehicles in Europe. During that period, Toyota and Lexus full hybrid sales reached 38,673, up 82.3% Full hybrid models now constitute around 20% of total Toyota and Lexus sales in the first quarter, doubling from the same period in 2012.

Toyota 311