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Volvo Cars global sales up by 43% in May; plug-ins accounted for 23.7% globally

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Volvo Cars achieved its eleventh consecutive month of sales growth as the company’s global sales increased by 43% in May, compared with the same month last year. In China, where sales returned to growth around this time last year, the company reported a steady increase of 11.7%. Globally, Recharge cars accounted for 23.7%

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

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Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 55% in May, accounting for 40% of all Volvo cars sold globally during the month. The share of fully electric cars stood at 18%.

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

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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. In China, sales declined by 19.5%

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Alliance Ventures focuses on disruptive technology in new partnership with Plug and Play China

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Alliance Ventures, the strategic venture capital fund that invests in technology start-ups for Groupe Renault, Nissan Motor Company and Mitsubishi Motors, announced a partnership with Plug and Play China to cooperate on open innovation in the world’s second-largest economy. China is leading innovation in the automotive industry.

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DOE: China alone accounted for 42% of global plug-in vehicle sales in 2016

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About 756,000 plug-in electric vehicles (PEVs) were sold in the world in 2016, with 95% of those sales in China, Europe, the United States, Japan, and Canada, according to figures compiled by the US Department of Energy (DOE). China alone accounted for 42% of sales (316,800 units). Source: DOE. Click to enlarge.

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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

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million electric vehicles to be sold globally in 2019. BNEF said that it expects China will continue to lead, with some 1.5 million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. BloombergNEF (BNEF) expects 2.6

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BNEF: Global plug-in vehicle sales surge 63% year-on-year in Q3; China accounted for more than half of total

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Plug-in electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China, according to a new report from Bloomberg New Energy Finance (BNEF). China accounted for more than half of global sales as its market for electric cars doubled amid government efforts to curb pollution.

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