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Volvo EX60 set to arrive as new Tesla Model Y, Porsche Macan luxury electric SUV rival

Baua Electric

A new all-electric luxury SUV is set to hit the market next year to compete with Tesla’s best-selling Model Y. Volvo is joining the luxury electric SUV market with its new EX60 launching next year. Fully electric vehicles accounted for over 40% of sales in 19 markets. That’s up from 13 in Q4 2023.

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PwC: Chinese automotive market decelerating faster than anticipated

Green Car Congress

The automotive market in China is declining faster than expected due to economic uncertainty and government restrictions over vehicle ownership. While automakers and analysts alike have forecasted a downturn for the Chinese automotive market for some time, the current slow-down has transpired more quickly than anticipated.

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Sales of Nissan e-POWER electrified vehicles in Japan surpasses 500,000-unit cumulative milestone

Green Car Congress

In March 2018 an e-POWER version of the popular Serena minivan was launched, which was followed by the all-new Kicks SUV e-POWER in June 2020. The Kicks e-POWER also launched in some Asian markets, expanding the availability of e-POWER technology. The Note claimed the best-selling car in Japan title in 2018.1. Earlier post.).

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GAC Motor to introduce signature sedan and new electric concept car at Detroit show

Green Car Congress

China-based GAC Motor will feature its existing sedan, SUV, minivan and NEV at the 2018 North American International Auto Show (NAIAS) in Detroit. GAC will also release its first compact new-energy concept SUV designed for the North American market, called the Enverge. year-on-year increase.

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May 2023 – Tesla still dominates the Norwegian EV market

Push EVs

Growth continued for the Norwegian plugin EV market in May 2023, as combined plugin share hit almost 90%, up from 85% a year ago. more of the remaining market than last year. The overall auto market saw volumes of 13.342 units, up almost 16% YoY, and higher than May 2019. Full electrics alone took almost 81% share, grabbing 7.5%

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Toyota to increase Highlander output, including hybrid and exports, in Indiana

Green Car Congress

Toyota will increase production of the Highlander mid-size SUV in late 2013 at the company’s Princeton, Ind. Toyota builds Highlander in China for that market only. TMMI currently employs 4,800 and builds the Highlander, Sequoia full-size SUV and Sienna minivan. Hybrid and export versions will be included.

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Volvo marks 17 straight months of growth as EV sales lead the way in January

Baua Electric

Volvo sold 7,471 electric cars in Europe, up 40%, while EV sales in China (-50%) and the US (-66%) slipped in January. Volvo EX30 (Source: Volvo) It’s also launching its first electric three-row SUV, the EX90. In China, Volvo’s second-largest market, it’s launching its first electric minivan , the EM90.

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