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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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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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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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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. Subaru Crosstrek Hybrid will go on sale at U.S. Display contents are specific for the Plug-In Hybrid model and the telematics system is enhanced by exclusive features provide added convenience and comfort.

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Audi axes PHEV sales in top market

Teslarati

Audi has announced it will no longer sell Plug-in Hybrid Electric Vehicles (PHEVs) in one of the world’s top markets, China. According to the executive, Audi’s PHEV sales have more than halved in China since 2020. In its place, Audi will now be focusing on EV sales and development. What do you think of the article?

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Nissan cuts CO2 emissions from global corporate activities by 2% in 2013; tracking to 20% by 2016 vs. 2005

Green Car Congress

reported reducing CO2 emissions from global corporate activities in fiscal year 2013 while increasing vehicle production by 5.1%. Nissan is reducing the environmental impact of its corporate activities through widespread power conservation. Nissan Motor Co.,

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