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

Green Car Congress

Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% Sales of Volvo Cars’ Recharge models made up for 33.0% of all Volvo cars sold globally during the month. In the first two months of the year, Volvo Cars sold 89,628 cars, a decline by 18.8% Recharge sales increased by 7.0%

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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

Volvo Cars reported sales of 58,677 cars worldwide in March, a decline by 22.1% 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. compared with the same month last year.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. The L2 models recharge from a wall outlet; each unit is equipped with dual J1772 plugs and can charge 2 vehicles at once. —Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund.

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European auto industry proposes further 20% cut in passenger car CO2 by 2030 from 2021; conditional on EV uptake and infrastructure; no ZEV mandate

Green Car Congress

It’s also in line with what is expected of other industry sectors, as well as the EU Climate and Energy Framework and the global Paris agreement. However, ACEA said, equally important is that all EU member states start delivering on their commitments to step up investments in the necessary recharging and refueling infrastructure.

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Hexagon study finds automakers prioritizing EV range and cost over carbon footprint

Green Car Congress

A recent report by Volvo backs that up, announcing that EVs are far “dirtier” out of the factory gate, as the resource extraction for an electric drive train is so carbon-intensive, with EVs needing to clock up nearly twice as many miles compared to gasoline cars to ‘break even’.

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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

Currently only two EVs in the US are made in China, the Polestar 2 and Volvo S90 Recharge Plug-in Hybrid. But the excellent Volvo EX30 is set to release this year at a starting price of $35k, which was inclusive of the 25% credit. Most of these tariffs go into effect this year, though some will be imposed next year.

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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. Tesla’s Model Y was Sweden’s top-selling car in 2023 with 16,412 new vehicles registered, ahead of Volvo’s XC40 with 13,606 units.

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