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Volvo Cars global sales up by 43% in May; plug-ins accounted for 23.7% globally

Green Car Congress

Volvo Cars achieved its eleventh consecutive month of sales growth as the company’s global sales increased by 43% in May, compared with the same month last year. Following a strong sales growth in the US, Recharge vehicles accounted for 20.8% Globally, Recharge cars accounted for 23.7% of its total sales.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

Green Car Congress

Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

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Volvo Cars sales up 12.6% in the first 10 months of 2021; share of electrified cars >25% of all units sold for 10 months, 31.5% in October

Green Car Congress

In October, Volvo Cars global sales reached 50,815 cars, down 22.2% The share of Volvo Cars with a fully electric or plug-in hybrid powertrain—the Recharge models—amounted to 25.5% of all cars being sold globally for the first 10 months to 31 October. compared with the same period last year. of the overall sales.

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The capacity increase comes as Volvo Cars also reports its full-year sales results for 2020, which showed a strong growth in demand for the company’s Recharge models.

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Global consumption of lithium in 2021 was estimated to be 93,000 tons, a 33% increase from 70,000 tons in 2020. Lithium is expected to trade at 484,185.00

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Volvo Car Group exceeds 600,000 vehicles sold on the CMA platform

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Due to its modular design, the platform was used to create the Lynk & Co 01, 02, 03 and 05, as well as the pure electric 2020 Polestar 2 and Volvo’s first all-electric model, the XC40 Recharge. In June 2020, it had sold a total of 35,708 CMA-based vehicles. Deliveries of the XC40 Recharge will start this fall.

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Capacity Trucks to introduce electric terminal truck; Hyster-Yale powertrain

Green Car Congress

The truck is expected to operate for the length of a normal shift before recharging is needed, delivering consistent power and maximizing uptime. The battery can be recharged as quickly as one hour. In 2020, Capacity Trucks partnered with Hyster-Yale Group, Inc. In 2020, Capacity Trucks partnered with Hyster-Yale Group, Inc.