Remove Europe Remove Global Remove Manufacturer Remove Sale
article thumbnail

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. Volvo Cars has an ambition to move towards annual sales of 1.2 The new facility represents an investment of around €1.2

Slovakia 273
article thumbnail

Nissan global EV sales surpass 1-million-unit milestone

Green Car Congress

Global sales of Nissan Motor electric vehicles have surpassed the 1-million unit milestone. The model is currently sold in approximately 50 markets centering on Japan, the US and Europe. In 2022, Nissan started sales of the Nissan Ariya all-electric crossover.

Nissan 195
article thumbnail

Stellantis aims for 100% BEV sales in Europe, 50% in US by 2030

Green Car Congress

Stellantis CEO Carlos Tavares said that the company is targeting global battery-electric vehicle sales of 5 million units in 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger cars and light-duty trucks in the United States. Stellantis N.V.

Europe 365
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. China, Europe, and the US all posted double-digit declines in March.

Europe 261
article thumbnail

GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

Green Car Congress

Global EV sales reached 7.7 The sales of battery electric passenger cars are expected to reach 44 million units by 2035 from 7.3 The sales of battery electric commercial vehicles were 0.4 China is the largest EV market in the world, with annual sales of battery electric vehicles (BEVs) of five million units in 2022.

Global 195
article thumbnail

Ballard to invest $130M in MEA manufacturing facility and R&D center in Shanghai

Green Car Congress

Ballard Power Systems announced its strategy ‘local for local’ whereby it plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. Current Ballard global manufacturing capacity.

article thumbnail

Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. —Geert Bruyneel, head of global production operations. Volvo XC40 Recharge powertrain.

Volvo 530