article thumbnail

Forty percent of BMW’s CY23 sales came from corporate customers | Autocar Professional

Baua Electric

BMW Group India, which registered 18 percent year-on-year (YoY) growth in CY23 , by cumulatively selling 14,172 cars under its BMW and Mini brands, also registered a 56 percent growth in corporate sales last year. These niche products are growing rapidly, and are expected to grow, but on a low base,” Pawah said.

article thumbnail

Cabot Corporation to open new battery application technology center in Europe

Green Car Congress

Cabot Corporation plans to establish a new technology center in Münster, Germany. Cabot has commercial sales with the top global battery producers and these innovations have further enabled Cabot to build strong partnerships with battery producers.

article thumbnail

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.

Fleet 448
article thumbnail

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.

Kia 368
article thumbnail

Honda aiming to sell 3.5M electric motorcycles per year by 2030

Green Car Congress

Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 million units (approximately 15% of total sales) as of 2030. Suzuki Motor Corporation and Yamaha Motor Co.—have Commuter EVs.

article thumbnail

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. l/100km (WLTP) and a zero-emission range of 54 km (NEDC Correlated)/45 km (WLTP). l/100km (NEDC Correlated)/2.0 liter gasoline engine.

PHEV 304
article thumbnail

Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Honda SUV e:prototype shown at Shanghai 2021.

Honda 400