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MAN launches sales of the first heavy-duty electric truck in its corporate history

Electric Cars Report

MAN Truck & Bus has launched sales of the first heavy-duty electric truck in its corporate history, marking another milestone in the decarbonization of freight transport. 600 order inquiries have already been received.

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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.

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Sumitomo Corporation of Americas makes strategic investment in hydrogen fuel provider OneH2

Green Car Congress

Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina.

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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.

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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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Honda targeting annual sales of 70,000 for electric Prologue SUV in 2024

Green Car Congress

Honda announced an initial annual sales target of 70,000 units for the Prologue SUV, Honda’s first new volume battery-electric vehicle (BEV), when it goes on sale in 2024. This will take Honda to anticipated sales of 500,000 BEVs by 2030, and ultimately leading to 100% zero emission vehicles sales in North America by 2040, Honda said.

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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)).