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Volvo Cars global sales up 31% in May; fully electric cars up 196%

Green Car Congress

Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. The company’s fully electric cars were the main contributor to the growth, rising 196% during the period to 10,826 units (). The share of fully electric cars stood at 18%. US sales grew by 14% in May to 10,723 cars.

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Subaru’s first global all-electric vehicle SOLTERRA makes world debut

Green Car Congress

In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. Subaru jointly developed the e-Subaru Global Platform together with Toyota Motor Corporation as a BEV-dedicated platform. US market specifications will be revealed in LA.

Global 432
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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Electrek

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report.

Global 143
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15+ global automotive brands testing StoreDot extreme fast charging high energy battery cells

Green Car Congress

StoreDot, a developer of extreme fast charging high energy batteries for electric vehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.

Global 417
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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

Green Car Congress

During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation. Despite the challenging global economic conditions, the number of investments in low-carbon hydrogen increased from 600 to over 1,700 between Q4 2021 and Q4 2022.

Hydrogen 473
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Volkswagen reveals ID. AERO concept; foretaste of brand’s first global electric sedan

Green Car Congress

AERO concept electric sedan in China as a foretaste of the brand’s first global fully-electric sedan. 4, this model will be our next global car for Europe, China and the US. AERO concept car, Volkswagen is stepping up its electric offensive in China as part of its ACCELERATE strategy. Volkswagen revealed the ID.

Concept 259