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BMW M presents Concept XM PHEV

Green Car Congress

The series-production model—the BMW XM—will begin production at the end of 2022 at BMW Group Plant Spartanburg in South Carolina; the US is the most important sales market for the new high-performance vehicle. The BMW XM will be available only as a plug-in hybrid (PHEV) and exclusively as an M model.

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Lexus passes cumulative global sales of 2M electrified vehicles; HEVs and BEV

Green Car Congress

Lexus announced that the luxury brand eclipsed the milestone of 2 million global sales of electrified vehicles—hybrids and battery-electric—at the end of April 2021. By 2025, Lexus will introduce 20 new or improved models, including more than 10 BEVs, PHEVs, and HEVs.

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Mitsubishi Motors targeting 50% electrified sales by 2030, 100% by 2035

Green Car Congress

This three-year plan, dubbed “Challenge 2025”, sets out MMC’s corporate direction in reinforcing the company’s environmental commitment toward a carbon-neutral future, laying the foundation for how MMC will work within the Renault-Nissan-Mitsubishi Alliance and other global alliances, and discussing future plans for various global markets.

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Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

These core business aims include: Accelerating electrification and achieving annual sales of 1.2 Starting with an annual global sales goal of 3.15 The company will make the sales of these vehicles the focus of future business growth. million BEV sales in 2030. BEV line-up expanding to 14 BEV models in 2027.

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Next-gen PHEVs, Nissan EV pickup, Tesla at 6M, GM and CATL: Today’s Car News

Baua Electric

Tesla hit six million cumulative EV sales, and we roundup all the achievements. Nissan and Mitsubishi team up for EVs, hybrids, and PHEVs, and next-generation pickups. More energy-dense batteries coming in the near future aren’t just destined for fully electric vehicles. GM is reportedly seeking a deal with CATL.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

Green Car Congress

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). BNEF suggested that only in Japan will PHEVs continue to play an important role after 2030.

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Toyota introduces home storage battery system based on EV battery technology

Green Car Congress

Pre-orders for the system have started, and sales in Japan will begin in August through home builders and general construction companies. The system supports supplying power from electrified vehicles (HEV, PHEV, BEV, FCEV) at 100V AC, and can use electricity stored in electrified vehicles as a backup power source during power outages.

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