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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%.

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Ford eliminating 3800 jobs in Europe; driven by transition to fully electric powertrains

Green Car Congress

Ford in Europe announced next steps in the transformation of its business. The actions are intended to align Ford’s product development organization and administrative functions in Europe with a smaller, more focused, and increasingly electric product portfolio.

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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

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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. family, the ID.

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Volvo Cars global sales up by 43% in May; plug-ins accounted for 23.7% globally

Green Car Congress

Volvo Cars achieved its eleventh consecutive month of sales growth as the company’s global sales increased by 43% in May, compared with the same month last year. The growth was mainly driven by a strong demand in the US and, in Europe, a recovery from a sales drop in May last year related to the Covid-19 pandemic. of its total sales.

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Jeep introducing all-electric Avenger at Paris Motor show

Green Car Congress

The Jeep brand will showcase a 100% electrified presence at the 2022 Paris Motor Show (Mondial de L’Automobile 2022), with a stand fully dedicated to the introduction of the all-new fully electric Jeep Avenger, the brand’s first BEV. As a result, all the Jeep vehicles on sale in the region will be 100% electric by 2030.

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ABB-sponsored report suggests global plans for 80 new EV battery gigafactories insufficient

Green Car Congress

A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories. —Tanja Vainio.

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