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Electric Vehicle Spotlight: Financing a Chevrolet Bolt EUV

EV Life

General Motors was one of the original pioneers of electric cars, introducing the EV1 in 1996 and the game-changing Volt in 2010. seconds $7,500 Check Incentives New Life for Chevrolet Bolt EUV Great news for fans of Chevy’s most popular and affordable electric SUV. These factors will also determine the size of your rebate.

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Daimler expanding activity in China with 2B investment in JV with BAIC

Green Car Congress

The agreement includes the following projects: Local passenger car production for the Chinese market will be expanded to include the GLK compact SUV as of 2011 as well as three models of the new generation of Mercedes-Benz premium compact cars. In 2010, more than 148,000 vehicles were sold, surpassing 2009 sales by 112 percent.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). Since 2010, lithium-ion battery prices have fallen 73% per kWh.

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Shanghai GM Aims to Reduce Fuel Consumption 15%, Improve Performance 14% by 2015; New Engines, Prototype New Sail Electric Vehicle

Green Car Congress

The LaCrosse Eco-Hybrid is part of the official taxi fleet for World Expo 2010 Shanghai. The Escalade Hybrid SUV is equipped with a two-mode hybrid system, with fuel consumption of 11.1 During the first five months of 2010, Shanghai GM sold 1 million vehicles. million vehicles.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

GM Stock Chart: Yahoo Finance. On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. GM’s EV Sales Since 2010. in the last 12 months and 223.9% The “30 New EVs by 2025” Promise.

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GM sales in China up 28.8% in 2010 to 2.35M units; new record in its largest market

Green Car Congress

to a record 2,351,610 units in 2010. million units in 2010 but fell short of the China total) for the sixth consecutive year. GM became the first global automaker to sell more than 2 million vehicles in China in a single year earlier in 2010. in 2010 to 543,709 vehicles. in 2010 to a new high of 550,010 vehicles.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

billion in 2010 profit on a net margin of 4.6% According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. and North American suppliers pulled in $8.2 billion on a net margin of 4.3%—things