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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

Registrations of SUVs fell by 48% to 338,300 units while increasing their market share to almost 40%. For example, volume only fell by 5% for the Volvo XC40, which became the top-selling premium SUV in March, and the Range Rover Evoque registered 5,700 units, down by 3%. Some models performed better than others.

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Ford will use module-less LFP batteries from CATL

Push EVs

30,000 units of an all-new SUV for Europe, whose run rate will significantly ramp in 2024. Beyond the recently announced key asset in Western Australia secured through Liontown Resources, Ford also has signed a non-binding MOU with Rio Tinto, exploring a significant lithium off-take agreement from its Rincon project in Argentina.

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