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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

Green Car Congress

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. XL has strong demand momentum with a $220-million 12-month sales pipeline and forecasted revenue of more than $21 million in 2020 and $75 million in 2021.

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Subaru introducing its first plug-in hybrid in US; Crosstrek Hybrid

Green Car Congress

Subaru Corporation is introducing its first plug-in hybrid vehicle, the Subaru Crosstrek Hybrid, in the US. Offering real all-wheel capability in a hybrid package, the Subaru Crosstrek Hybrid Hybrid features the new Subaru StarDrive Technology that uniquely integrates electric motors, a 2.0-liter

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Mitsubishi Motors targeting 50% electrified sales by 2030, 100% by 2035

Green Car Congress

Mitsubishi Motors Corporation (MMC) unveiled its next Mid-Term Business Plan (MTP). Additionally, MMC will move to make 50% of global sales an EV by 2030, and then 100% of the fleet electrified by 2035 (“EV” specifically refers to a blend of plug-in hybrids (PHEV), hybrids (HEV) and pure electrics (BEV)).

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Mitsubishi Outlander PHEV hits 200,000 global sales

Green Car Congress

Mitsubishi Motors Corporation (MMC) announced that the world’s first plug-in hybrid SUV, the Mitsubishi Outlander PHEV, has achieved sales of 200,000 units worldwide since its launch in 2013. It has become the world best-selling plug-in hybrid vehicle as at the end of December 2018.

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Worldwide sales of Toyota hybrids surpass 9 million units; Prius family accounts for 63%

Green Car Congress

Toyota Motor Corporation announced that the cumulative figures for global sales of its hybrid vehicles reached 9.014 million units as of 30 April. The Prius family still accounts for the majority of sales: 5.691 million units, or 63% of the total global cumulative number. Data: Toyota. Click to enlarge.

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Toyota has sold more than 15 million hybrid electric vehicles worldwide

Green Car Congress

Toyota has sold more than 15 million hybrid-electric vehicles (HEVs) worldwide since the 1997 launch of the iconic Prius, the first full hybrid mass-produced car. In Europe, sales of HEVs have passed the 2.8 In Europe, sales of HEVs have passed the 2.8 In the meantime, we can contribute by continuing our work on HEVs.

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Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

Kia Corporation described its roadmap to 2030 at the company’s 2022 CEO Investor Day virtual event. These core business aims include: Accelerating electrification and achieving annual sales of 1.2 These core business aims include: Accelerating electrification and achieving annual sales of 1.2 million BEV sales in 2030.

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