Remove Auto Industry Remove Fully Electric Remove Global Remove Industrial
article thumbnail

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

Green Car Congress

of all Volvo cars sold globally during the month. Sales of fully electric cars increased by 229.5% Fully electric cars increased by 174.9% Supply shortages will remain a constraining factor for Volvo Cars and the auto industry. Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2%

Volvo 275
article thumbnail

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. of all Volvo cars sold globally during the month. of all Volvo cars sold globally during the month. of total sales.

Volvo 186
article thumbnail

Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Every new Volvo car launched from 2019 will be electrified, and by 2025 the company aims for fully electric cars to make up 50% of its overall global sales. Volvo Cars’ future is electric, as reflected by our industry-leading commitment to electrify our entire product range.

Volvo 230
article thumbnail

Mercedes-Benz to become equal shareholder in Automotive Cells Company (ACC) with Stellantis and TotalEnergies

Green Car Congress

Mercedes-Benz announced in July that it will be ready to go fully electric by the end of the decade wherever market conditions allow. On top of that we can help to ensure that Europe remains at the heart of the auto industry even in an electric era.

Mercedes 221
article thumbnail

Hyundai will ‘take the bull by the horns’ with a new EV brand in the world’s biggest market

Baua Electric

Hyundai is set to launch a new EV brand as it looks to gain its share of the largest market globally. Fully electric vehicles accounted for over 23% of new car sales last year in China, with 6.68 That’s up from 12% just two years ago and around a third of the global market. China is the undisputed EV market leader.

Hyundai 52
article thumbnail

Aston Martin and LeEco partner to co-develop RapidE EV for market intro in 2018; potential to add Faraday Future

Green Car Congress

China-based technology company LeEco and Aston Martin have signed a Memorandum of Understanding (MOU) towards the creation of a partnership that will develop a production version of the Aston Martin RapidE electric vehicle concept—a fully electric version of the Rapide S four-door sports sedan. Earlier post.).

article thumbnail

Volkswagen starts pre-production in first China plant focused only on e-mobility; MEB-based vehicles from Oct 2020

Green Car Congress

family in China as well, a brand-new generation of fully electric and connected vehicles. Pre-production begins just a few days after the first global ID. Fully intelligent and digitized, the Anting plant sets a new benchmark for green and smart factories for Volkswagen Group China and the Chinese auto industry.

China 170