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Volvo Cars global sales up 31% in May; fully electric cars up 196%

Green Car Congress

Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. The company’s fully electric cars were the main contributor to the growth, rising 196% during the period to 10,826 units (). The share of fully electric cars stood at 18%.

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Volvo Car USA fully electric vehicle sales reach 7.2% of total in 2022

Green Car Congress

Volvo Car USA reported sales of 102,038 cars for the full year 2022, down 16.5% The share of fully electric Volvo cars reached 7.2% In the month of December, Volvo Car USA sold 11,111 cars, up 6.4%compared As a whole, the Americas Region sold 38,538 Recharge cars last year, a 9.5% year-on-year.

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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos.

Volvo 530
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Volvo Car Group and Northvolt to form JV for battery development & production for Volvo, Polestar EVs

Green Car Congress

Volvo Car Group intends to establish a joint venture with Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars. The location of the new plant is yet to be decided.

Volvo 305
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BMW Breaks Ground on New High-Voltage Battery Assembly Factory in South Carolina

Electric Cars Report

The BMW Group took a major step on Tuesday towards building electric vehicles in the United States as it broke ground for a new high-voltage battery assembly plant in Woodruff, South Carolina.

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Volvo Cars and Northvolt to build battery gigafactory in Gothenburg, Sweden; up to 50 GWh

Green Car Congress

Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, and complement the planned R&D center that both companies announced in December as part of an investment of approximately SEK 30 billion (US$3.3 Earlier post.).

Volvo 195
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Study suggests lithium and cobalt for batteries may face supply risks by 2050

Green Car Congress

Lithium and cobalt are fundamental components of present lithium-ion batteries. Analysis by researchers at the Helmholtz Institute Ulm (HIU) of the Karlsruhe Institute of Technology (KIT) suggests that, given the foreseen scaling of battery demand up to 2050, each may face supply risks, albeit for different reasons.

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