Remove Fully Electric Remove Global Remove Manufacturer Remove Sale
article thumbnail

Volvo Cars sales up 12% in November y-o-y; fully electric account for 19.7% of total sales

Green Car Congress

Volvo Cars reported global sales of 59,154 cars in November, up 12.0% Overall underlying demand for the company’s cars continues to remain robust, especially for its Recharge range of pure electric and plug-in hybrid cars. Sales of Recharge units were up 44.2% Recharge sales for the period hit 173,526 units, up 4.9%

article thumbnail

Volvo Cars January global sales up 2%; Recharge models up 31%, for 40.7% of all cars sold

Green Car Congress

Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 31% in January year-on-year, accounting for 40.7% of all Volvo cars sold globally during the month.

Recharge 273
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. The XC40 Recharge P8 is the first of a family of fully electric Volvos. Volvo XC40 Recharge powertrain.

Volvo 530
article thumbnail

Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The share of Recharge cars as a percentage of total sales more than doubled in 2020, compared to 2019. in the region for the whole year.

Volvo 397
article thumbnail

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

Green Car Congress

These changes are driven by the transition to fully electric powertrains and reduced vehicle complexity. Additionally, a leaner cost structure will be created for Ford’s administrative, marketing, sales and distribution functions in Europe, which includes the elimination of approximately 1,000 positions.

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 site also allows for further expansion of the plant in future.

Slovakia 273
article thumbnail

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.

Global 448