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Volvo Cars global sales up 31% in May; fully electric cars up 196%

Green Car Congress

Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. Figures from May 2022 were negatively affected by lower production due to last year’s supply chain constraints. Sales in Europe for May reached 26,272 cars, an increase of 40% compared to last year.

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Volvo Cars all-electric sales climb to 19% of all sales in February

Green Car Congress

Volvo Cars reported global sales of 51,286 cars in February, up 22% compared to the same month last year and a record for the month of February. The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. China sales reached 13,066 cars, up 50% compared with February last year.

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Volkswagen global EV production network grows with launch of second German site in Emden

Green Car Congress

Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 4) and Hanover will also commence production this year. In addition, production of the iconic ID. 4’s start-up is on schedule, despite the global challenges during the two-year conversion phase.

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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. In 2020, 33% of the Lexus models sold globally were of the electrified variety. its lineup of electrified vehicles to provide a wide range of options.

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Ford EV sales up 103% y-o-y in November; 4.3% of total sales

Green Car Congress

Ford electric vehicles sales in the US were up 103% for November 2022 compared to year ago, making Ford the US’ second best-selling brand and manufacturer of electric vehicles behind Tesla. EV sales for the month were 6,255 units, or 4.3% of total vehicle sales for the month. of all F-Series sales for the month).

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

Green Car Congress

By 2022, electric car capacity at the Ghent plant will have more than tripled from today’s levels and will amount to around 60% of the plant’s total production capacity. The capacity increase comes as Volvo Cars also reports its full-year sales results for 2020, which showed a strong growth in demand for the company’s Recharge models.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

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