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Senators introduce bill to expand E15 sales, ban Russian petroleum products

Green Car Congress

This legislation would make the sale of E15 year-round permanent; create a tax credit for higher biofuel blends; streamline E15 labeling; provide funding for E15 infrastructure; extend the biodiesel tax credit for three more years; and ban imports of Russian petroleum products. introduced the Home Front Energy Independence Act.

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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% Sales of fully electric cars increased by 229.5% of total sales. Recharge sales increased by 7.0% of total sales. of total sales during the period. and made up 7.2%

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Volkswagen delays ID.5 launch in Germany due to part shortage from Ukraine

Teslarati

The shortage of the part, which is a wire harness, kept Volkswagen from producing enough exhibition and demonstration vehicles for its sales partners, according to a letter seen by German media outlet Automobilwoche. Production was halted recently after supply bottlenecks from the war between Russia and Ukraine affected the supply chain.

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BMW Group doubles sales of fully-electric vehicles in first 9 months of 2022; 7.3% share

Green Car Congress

The BMW Group sold a total of 128,196 fully-electric BMW and MINI vehicles in the first nine months of 2022—more than double its BEV sales in the same period of last year (+114.8%). of sales over the period. In the month of September, BMW Group sales were up 6.6%, with 210,543 vehicles delivered to customers.

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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.

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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
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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