article thumbnail

Volvo Trucks starts selling electric trucks in South Korea

Electric Cars Report

Volvo Trucks is now starting sales of heavy battery electric trucks in South Korea, as the first global manufacturer to do so. Three different electric models are now available for South Korean transport companies to order – helping them, and the government, to reach ambitious climate targets.

article thumbnail

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

Green Car Congress

We more than tripled sales of our plug-in hybrids and all-electric cars. Sales of plug-in hybrids almost quadrupled to more than 115,000 units. kWh/100 km) achieved sales of about 1,700 vehicles. With sales of 2,164,187 units (-7.5%), Mercedes-Benz maintained a leading global position compared with its core competitors.

Mercedes 301
article thumbnail

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. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. BNEF expects North America sales to come in around 425,000 units, up modestly from 405,000.

2019 392
article thumbnail

Kia’s global sales in February down 4.6% at 242,656 units | Autocar Professional

Baua Electric

Kia Corporation today announced total global sales of 242,656 units in February 2024, a 4.6 Outside of Korea, Kia sold 198,348 units, down 2.8 SUV models led the company’s sales in February, with the Sportage selling 47,643 units globally. The post Kia’s global sales in February down 4.6%

Global 52
article thumbnail

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. Norway, for instance, has seen electric-car sales soar because it offers financial incentives and other benefits that aren''t available to drivers of vehicles with combustion engines.

article thumbnail

IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units.

Global 150
article thumbnail

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.

Global 397