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BloombergNEF expects 40% growth in global EV sales in 2019; 2.6M vehicles, 1.5M in China

Green Car Congress

million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. Broader macroeconomic factors (higher interest rates and slowing consumer spending) will also impact global sales. Sales in Japan and South Korea combined should be around 100,000.

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Mercedes-Benz Cars tripled global sales of xEVs in 2020; 7.4% of sales

Green Car Congress

Mercedes-Benz experienced a sharp increase in xEV deliveries in 2020, with more than 160,000 plug-in hybrids and all-electric vehicles sold worldwide (+228.8%), including about 87,000 units in the fourth quarter alone. We more than tripled sales of our plug-in hybrids and all-electric cars.

Mercedes 301
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SK Group to invest $1.5B in Plug Power; strategic partnership and JV to accelerate H2 economy in Asia

Green Car Congress

Plug Power Inc., a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. pro forma ownership stake in Plug Power.

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Electric-Car Sales Surge In South Korea, Supported By Subsidies

Green Car Reports

Sales of plug-in electric cars are very regional right now, globally as well as within the United States. Now we can add South Korea to the list of countries where.'

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Group14 Technologies and SK materials form JV to build plant for lithium-silicon battery materials

Green Car Congress

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.

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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50% of global sales by 2025, with the rest hybrids. Recharge will be the overarching name for all chargeable Volvos with a fully electric or plug-in hybrid powertrain.

Volvo 530
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WiTricity signs first South Korean licensee for wireless charging technology for EVs

Green Car Congress

WiTricity, the industry pioneer in wireless power transfer over distance, has entered into a technology licensing agreement with Yura Corporation, a leading South Korea-based automotive Tier 1 supplier. Yura is a global supplier of a wide range of automotive parts for conventional vehicles and xEVs.