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Volvo Cars January global sales up 2%; Recharge models up 31%, for 40.7% of all cars sold

Green Car Congress

Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 31% in January year-on-year, accounting for 40.7% of all Volvo cars sold globally during the month. US sales reached 7,693 cars, up 8.2%

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The plant already builds the XC40 Recharge, the company’s first fully electric car, as well as a plug-in hybrid version of the XC40.

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Volvo Cars launches all-electric Volvo C40 Recharge; all cars to be pure electric by 2030

Green Car Congress

Volvo Cars launched the battery-electric Volvo C40 Recharge; based on the CMA vehicle platform it is the first Volvo model designed as pure electric only. By 2025, Volvo Cars aims for 50% of its global sales volume to consist of fully electric cars, with the rest hybrids.

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Volvo’s highest-mileage plug-in hybrid is going away

Baua Electric

The Volvo S60 sedan—which in Recharge form is currently the Swedish automaker’s most efficient plug-in hybrid—is being discontinued in the U.S. “About 120,000 have been sold globally since the Charleston plant was inaugurated 2018.” kwh battery pack that arrived for model year 2023. The end of U.S.

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Groupe PSA & Punch Powertrain to form second JV to expand electrification partnership; DT2 for MHEV and PHEV

Green Car Congress

Punch Powertrain holds majority control in the new Joint 61/39 Venture, which will design, manufacture, and supply Punch Powertrain’s DT2 dual clutch transmission for the industry’s next generation of mild hybrid electric (MHEV) and plug-in hybrid electric (PHEV) vehicles.

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Prayon and Pulead to create JV for manufacture and sale of lithium iron phosphate material for Li-ion batteries

Green Car Congress

Major cathode material producer Pulead (China) and phosphate leader Prayon (Belgium) have entered into an agreement to form a joint venture for the manufacture and sale of lithium iron phosphate (LFP) under licence from LiFePO 4 +C Licensing LLC. The joint venture will help meet the increasing global demand for licensed LFP.

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Volkswagen sold around 394,000 battery-electric vehicles in 2023

Teslarati

German automaker Volkswagen has reported its full-year 2023 delivery numbers, featuring more deliveries of battery electric vehicles (BEVs) than ever before. the United Kingdom, Sweden, France, Norway and Belgium. million vehicles globally in 2023 , while BYD reported around 1.6 percent increase year over year.