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Volvo Cars sales down 17.2% in February, share of electrified cars increased to 33%

Green Car Congress

Sales of Volvo Cars’ Recharge models made up for 33.0% Recharge sales increased by 7.0% to 19,512 cars sold, with Recharge models making up more than half of total European sales during the month. In China, sales declined by 13.8% In the first two months of the year, Volvo Cars sold 23,320 cars in China, a decline of 20.3%

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Volvo Cars reports sales of 58,667 cars worldwide in March, down 22.1%; electrified share increased to 36%

Green Car Congress

During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. In March, sales of Volvo Cars’ Recharge models made up 35.5% In March, sales of Volvo Cars’ Recharge models made up 35.5%

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China is targeting the cumulative production and sales of more than 5 million new energy vehicles, including fuel cell vehicles, by that time as well. However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies.

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Tesla Swedish sales grow 9% in December

EV Info

in Sweden Data from Swedish auto industry association Mobility Sweden showed 1,789 new Tesla cars were registered in December, up from 1,645 in the same month of 2022. In 2023, Sweden is estimated to land in seventh place in terms of the number of newly registered electric cars in the world, with China being the largest country with 5.6

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Enova Delivers Hybrid Drive Systems to First Auto Works for Hybrid Buses

Green Car Congress

As the vehicle slows, during braking, the electric motor functions as a generator to recharge the batteries. These hybrid power buses are part of China’s initiative to produce 500,000 electric and hybrid power vehicles. China is offering subsidies in 13 trial cities, including Beijing, Shanghai, Changchun, Dalian and Shenzhen.

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India’s Top EV Stocks To Get Make The Best Out of The EV Revolution As An Investor

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As we all know, the auto industry will not be the only one to profit from this megatrend. Opportunities exist in a variety of industries. Lithium-ion batteries, for example, are substantially lighter than other rechargeable batteries and keep their charge exceedingly well while delivering steady energy production.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. That penetration could be significantly higher in big cities and certain regions, such as China. And the auto industry doesn’t hold back on announcements. Martin Winterkorn.

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