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Volvo Cars Q1 sales up 10% to 162,938 units; all-electric vehicles took 18% share

Green Car Congress

Volvo Cars reported sales of 162,938 cars for Q1 2023, up 10% compared to the same period last year. The sales growth was mainly led by the company’s fully electric cars. For the month of March, Volvo Cars sold 63,132 cars globally, up 8% compared with the same month last year.

Volvo 352
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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. Volvo XC40 Recharge powertrain. The XC40 Recharge P8 is the first of a family of fully electric Volvos.

Volvo 530
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Volvo Cars reports sales of 43,666 cars in August; Recharge models 21.9% of sales, 48% in Europe

Green Car Congress

Volvo Cars reported sales of 43,666 cars in August, down 4.6% The company’s line of Recharge models represented 21.9% of the sales last month, with fully electric vehicles accounting for 5.7% Sales of Recharge cars accounted for 48% of the total sales in the region during the month. in August 2021.

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Volvo C40 Recharge EV coming to US with $58,750 MSRP

Green Car Congress

The Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. This newest addition to the Volvo electric line-up has all the benefits of an SUV but with a lower and sleeker design. This will enable drivers to charge at discounted rates of $0.31/min,

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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 Fully electric cars accounted for 10% of sales and grew 50%, making it the best month ever for BEVs.

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.). Source: Statista.

Carbon 483
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Who Really Invented the Rechargeable Lithium-Ion Battery?

Cars That Think

Fifty years after the birth of the rechargeable lithium-ion battery, it’s easy to see its value. It’s used in billions of laptops, cellphones, power tools, and cars. It was manufactured in small volumes by Exxon, appeared at an electric vehicle show in Chicago in 1977, and served briefly as a coin cell battery.