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Volvo Car USA fully electric vehicle sales reach 7.2% of total in 2022

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Volvo Car USA reported sales of 102,038 cars for the full year 2022, down 16.5% The share of fully electric Volvo cars reached 7.2% In the month of December, Volvo Car USA sold 11,111 cars, up 6.4%compared The share of overall Recharge cars—those with pure electric and plug-in hybrid powertrains—reached 27.4%

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

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Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang. —Milan Nedeljković The BMW Group has had a presence in the Chinese market since 1994 and founded the BMW Brilliance Automotive joint venture in May 2003.

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Volkswagen ID. models crack half-million mark; delivery target met one year earlier than planned

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family worldwide, despite the persistently strained supply situation. However, due to the persistently strained situation as regards the supply of parts we are repeatedly having to adjust production. —Imelda Labbé, Board Member for Sales, Marketing and After Sales at Volkswagen. The first ID.3

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BMW Group launches battery component production in Leipzig and Regensburg

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We expect at least 50 percent of the vehicles we deliver to our customers worldwide to be fully electric by 2030. And we are systematically expanding our production network for electric drive trains in response to this. Now, the location will also produce electric drivetrain components.

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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

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The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The BMW Group produces batteries in-house at its plants in Dingolfing (Germany), Spartanburg (USA) and at the BBA plant in Shenyang (China). More than half of the 25 models will be fully electric.

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BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia

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The two companies have signed a 5-year (2020 - 2024) supply contract for the lithium needed as a key raw material for battery cells. We aim to have 25 electrified models in our line-up by 2023 and more than half will be fully electric. Supply contracts will ensure the company’s security of supply up to 2025 and beyond.

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Volkswagen significantly expanding charging infrastructure at German sites; first High Power Charging stations with up to 300 kW

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In addition, the Group engages worldwide in setting up fast-charging networks via IONITY in Europe, Electrify America in the USA and CAMS in China. Volkswagen supplies two models eligible for the bonus: the ID. Under its long-term planning for the next ten years, the Group intends to launch some 70 all-electric models by 2030.

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