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Lexus passes cumulative global sales of 2M electrified vehicles; HEVs and BEV

Green Car Congress

Lexus announced that the luxury brand eclipsed the milestone of 2 million global sales of electrified vehicles—hybrids and battery-electric—at the end of April 2021. Under the “Lexus Electrified” vision announced in 2019, Lexus will evolve its electrification technology.

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

This also expresses our confidence for the future business development. Those companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile. At that stage, the BMW Group will offer five all-electric series production vehicles.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 million units in March 2020, down by 39% from March 2019. This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units.

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

A sudden drop in miles traveled by car in the US triggered by wide-spread social isolation measures will have immediate ramifications for gasoline demand. IHS Markit analysis finds that US gasoline demand could fall by as much as 4.1 The four-week average US gasoline demand for the week ending 6 March 2020 was 9.1 million units.

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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.

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IHS Markit: GM announcement latest sign that peak gasoline demand from light vehicles has already come and gone

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IHS Markit places the global peak for oil demand (gasoline and diesel) from LVs in 2019 when the demand averaged 29.1 Demand peaking is due to the impact of rising vehicle fuel economy and emission standards, and as time goes by, from more sales of electric vehicles. million barrels per day (MMb/d). of world consumption.

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Volvo Cars to eliminate diesel engines from the new S60 sedan

Green Car Congress

The company said that the move highlights its commitment to a long-term future beyond the traditional combustion engine. All new Volvo models launched from 2019 will be available as either a mild gasoline hybrid, plug-in gasoline hybrid or battery electric vehicle. Earlier post.).

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