Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). Concurrently with the closing, Foxconn and Lordstown Motors entered into a manufacturing supply agreement for the Endurance.

Motor 273

Mitsubishi Motors to raise proportion of electrified vehicles in total sales to 50% by 2030

Green Car Congress

As part of its newly announced 30-year environmental plan , Mitsubishi Motors (MMC) says that it will raise the proportion of electrified vehicles in its total sales—with a focus on its plug-in hybrids) to 50% by 2030.

2020 365
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Hyundai Motor Group to build $5.54B EV plant and battery factory in Georgia

Green Car Congress

Hyundai Motor Group (HMG) entered into an agreement with the State of Georgia to build its first dedicated full electric vehicle and battery manufacturing facilities in the US. Non-affiliated Hyundai Motor Group suppliers will invest approximately another $1 billion in the project.

Hybrids represented 52% of all Toyota Motor Europe sales in 2019; 63% in West Europe

Green Car Congress

Toyota Motor Europe reported 2019 sales of 1,089,422 Toyota and Lexus vehicles, an increase of +5.2% With sales of 1,002,216 vehicles, Toyota sold more than one million vehicles for the first time since 2008 delivering 4.5% Total Lexus sales increased by 14.5%

2020 227

Polestar hits 2021 sales target of 29,000 vehicles, up 185% y-o-y

Green Car Congress

Polestar, the Swedish premium electric car company founded by Volvo Cars and Geely Holding, delivered on its global sales target of 29,000 vehicles in 2021, representing year-on-year growth exceeding 185%. Polestar has produced two electric performance cars.

Sale 292

Local Motors and Protean Electric extend strategic partnership

Green Car Congress

Autonomous vehicle company Local Motors and in-wheel motor company Protean Electric expanded their long-standing partnership, inking a further three-year deal valued at $7.3 In addition to Local Motors, Protean is currently deeply engaged with four major automotive OEMs.

Motor 239

Japan Green-Car Subsidy Boosts Vehicle Sales 12.9% In July

Green Car Congress

Sales of new vehicles in Japan climbed 12.9% Automakers “are stepping up marketing activity, urging customers who are still driving old vehicles to buy new ones before the subsidies expire,” says an official at Mitsubishi Motors Corp. Toyota Motor Corp. sales volume increase in July thanks in part to the hot-selling Prius hybrid. Honda Motor Co. The Demio subcompact helped boost Mazda Motor Corp.’s s sales volume 25.3%. Nikkei.

2010 196

Ford sets electrified vehicle sales record in May with 10,364 units

Green Car Congress

Ford electrified vehicle sales grew 184% in May, achieving a new electrified vehicles sales record of 10,364 vehicles. Growth came from Mustang Mach-E (BEV), which totaled 1,945 vehicle sales, while F-150 PowerBoost (hybrid) totaled 2,852 for the month, Escape electrified (hybrid and plug-in hybrid) sales totaled 3,617—up 125% over last year. Explorer Hybrid sales also had a big increase of 132% over a year ago on sales of 1,156 SUVs.

Sale 261

Mustang Mach-E EV sales total 3,739 units in first full month

Green Car Congress

Sales of Ford’s Mustang Mach-E totaled 3,739 vehicles in its first full month on the market. With the fully electric Mustang Mach-E, Ford F-150 PowerBoost Hybrid and Escape and Explorer hybrids, overall electrified vehicle sales rose 56.1% Despite winter weather that impacted much of the nation’s central region, F-Series gained both retail sales and share. Retail sales were up 7.9%. In February 2021, total Ford Motor vehicle sales (163,520 units) were down 14.1%

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

In Seoul, Hyundai Motor Company unveiled a strategic roadmap to accelerate its electrification ambition as it pursues sustainable progress for the company. The company also unveiled targets for sales and financial performance to be achieved by 2030.

Global 311

Vicinity Motors releases specs for new medium-duty electric truck

Green Car Congress

Canada-based Vicinity Motor Corp. Our sales team is already introducing the demonstration VMC 1200 model to our dealer network and are very pleased to see very strong interest in it. —William Trainer, Founder and CEO of Vicinity Motor.

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Lucid Motors opening 20 sales and service locations in N America through 2021

Green Car Congress

Luxury EV maker Lucid Motors plans to open 20 retail locations—known as Lucid Studios—and service centers throughout North America by the end of 2021.

2020 228

Polestar developing its own electric motors, batteries, electrical architecture

Green Car Reports

The company didn't exist in its current form a few years ago, and plans to go from zero sales in 2018 to 290,000 annual sales by 2025, with a break-even point by 2023 and profitability by 2025. Polestar isn't messing around.

2018 126

China iCET releases 2014 Green Car China report ranking mainstream cars by green and health impacts

Green Car Congress

Only hybrids performed very well on both the green rating and the smog index. China’s Innovation Center for Energy and Transportation (iCET) recently released its 2014 Green Car China Annual Report , an evaluation of mainstream vehicles on sale in China by their lifecycle impacts and their health impacts. Based on the lifecycle impact assessment, every vehicle obtains a green score (0-10). The higher the green score, the lower the environmental impact (i.e.,

2014 214

Mercedes-Benz begins sales of DRIVE PILOT Level 3 conditionally automated driving in Germany

Green Car Congress

This makes Mercedes-Benz the first car manufacturer with an international valid certification for conditional automated driving to offer such a system as an option ex-works for vehicles from series production. Benz Group AG, responsible for Marketing & Sales.

Strong hybrid sales lift Toyota Motor Europe to 5.3% market share; 52% mix of hybrids sustained into Q3

Green Car Congress

Toyota Motor Europe reported strong performance continuing into the third quarter 2019 driven by new model introductions and increased demand for hybrid electric vehicles (HEV). The company announced Jan-Sep total vehicle sales of 838,691 units across the region in a declining market, reporting 3.1% Of that, total hybrid sales were 435,881 units, representing +16% growth year-on-year. Lexus sales increased by 9.4% Europe Hybrids Sales Vehicle Manufacturers

2019 163

Lucid Motors unveils Lucid Air luxury electric sedan

Green Car Congress

Lucid Motors unveiled the Lucid Air battery-electric luxury sedan, which will start at less than US$80,000. With up to 1,080 horsepower available in a dual-motor, all-wheel-drive architecture, the Lucid Air is able to achieve quarter-mile times as quick as 9.9

2020 342

Toyota Motor Europe hybrid sales up 45% year-to-date; targeting 50% hybrid take-rate by 2020

Green Car Congress

Toyota Motor Europe (TME) reported that sales of hybrids have increased 45% so far this year compared with the same period in 2015—which was already a record year. 31% of Toyota Motor Europe’s customers have opted for a hybrid powertrain in 2016; 41% in Western Europe alone. Toyota’s target is to reach 50% of its European sales with hybrid vehicles by 2020, with a hybrid version in every major market segment. Europe Hybrids Sales

2016 221

Texas CNG, LNG motor fuel sales double FY 2014 estimate

Green Car Congress

As of 31 July, fiscal 2014 tax revenue from sales of compressed natural gas (CNG) and liquefied natural gas (LNG) motor fuel totaled $2,178,199, according to the Texas state Comptroller’s office. State forecasters projected fiscal 2014 natural gas motor fuel tax revenue of $992,000, equal to sales of 6.6 At 15 cents per gallon equivalent, $2,178,199 of motor fuel tax equals sales of 14,521,326 gallon equivalents of natural gas.

2014 241

How have our expenditures on motor vehicles changed during the pandemic?

Green Car Congress

In this study, I examined the relative expenditures on motor vehicles in the United States from March through June 2020—the first four months of the current pandemic. The raw data for the calculations—seasonally adjusted dollar amounts of sales for each month—came from the U.S. That was followed by analogous comparisons for the sales at motor vehicle dealers. Finally, I calculated the sales at motor vehicle dealers as a percentage of the total sales.

2020 175

Adamas: EV sales to hit 12.5M in 2025; 350% increase in demand for rare earths used in traction motors

Green Car Congress

A new report from Adamas Intelligence, “ Electric Growth: EVs, Motors and Motor Materials ”, forecasts that global annual EV sales (excluding mild and micro hybrids) will increase from 4.3 In general, Adamas notes, the amount of NdFeB used in a PMSM is a factor of the motor’s peak power (in kilowatts). Since 2010, the sales-weighted-average EV motor’s power has increased steadily, fueling a rise in NdFeB consumption per EV that Adamas expects will continue.

2019 150

BMW Group US electrified vehicle sales down 22.6% in June

Green Car Congress

BMW Group sales of electric and plug-in hybrid electric vehicles decreased 22.6% Plug-in hybrid variants of the BMW X5, the all-new BMW 3 Series and updated BMW 7 Series recently debuted at the Geneva International Motor Show. These models and a plug-in-hybrid variant of the BMW X3 will begin sales in the US at a future date. Overall, sales of BMW brand vehicles increased 7.5% Electric (Battery) Hybrids Sales

2019 225

Canadian company AK Motor International introduces new EV brand: Maple Majestic

Green Car Congress

Canada-based AK Motor International Corporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. According to AK Motor, many electric vehicles still remain woefully ill-prepared for harsh climates.

Toyota Motor Europe sold 578,400 vehicles 1H 2019; 52% hybrids

Green Car Congress

Toyota Motor Europe (TME) reported half-year sales of 578,400 vehicles across the region, up 3.3% Hybrids drove the strong performance between January and June 2019, with total hybrid sales of 303,400 units (+18% year-on-year), or 52% of the total. Despite the weaker European market, Toyota & Lexus sales have increased thanks to strong demand for our hybrid models. Europe Hybrids Sales

2019 210

Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

Green Car Congress

Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 Hyundai Motor Group’s affiliates—Hyundai Motor Co., It plans to deploy sales service robots into operation next year.

2020 382

Tesla Motors Releases Quarterly Sales: 10,030 Cars Sold Globally Jan-Mar

Green Car Reports

Tesla Motors started deliveries of its all-electric Roadster more than six years ago. Since then, the Silicon Valley electric-car maker has released its sales data in various ways at various times, usually only during quarterly earnings reports. Today, the company announced that it would provide quarterly sales numbers just after each three-month. Green Elon Musk New car sales Tesla Motors plug-in cars sales

2015 130

Volkswagen unveils European ID.4 GTX; dual-motor AWD, 220 kW

Green Car Congress

GTX is the first model based on the modular electric drive matrix (MEB) to feature dual-motor all-wheel drive. GTX has one electric drive motor on both the front and rear axle. With the dual-motor all-wheel drive, the flagship model of the ID.4

Motor 271

IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

Green Car Congress

IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. The result has been strong growth on par with the electric car market since 2017, as shown in the chart below.

2020 228

Sales of Hyundai hydrogen fuel cell Nexo pass 1K unit mark in 2019

Green Car Congress

Business Korea reports that sales of Hyundai Motor’s Nexo hydrogen fuel cell vehicle this year reached 1,075 units on May 17, exceeding the 949 units sold for the whole of last year. This marks the first time Hyundai has sold more than 1,000 hydrogen cars annually since 2013. Domestic sales of the Nexo hit 363 units in April alone, a monthly sales record. The sales volume is expected to further rise thanks to the Korean government’s subsidiary program this year.

2019 232

BMW i8 beats Mercedes S 500 PHEV, Golf GTE to win World Green Car award in New York

Green Car Congress

The BMW i8 plug-in hybrid ( earlier post ) was named the World Green Car at the World Car Awards in New York. The BMW i8 was also one of the finalists in the category World Luxury Car at the World Car Awards. Ian Robertson, Member of the Board of Management of BMW AG, responsible for Sales and Marketing BMW. It combines the performance of a sports car with the fuel consumption and emission figures of a subcompact vehicle.

2015 196

GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

Green Car Congress

Driving the drop in sales was the emergence in December 2019 of the coronavirus (COVID-19) in Wuhan, China. This has created a knock-on effect for both vehicle sales and production, with dealerships devoid of customers and factories at a standstill with no one to operate them. Only 6.2

2020 256

End Of Green-Car Subsidy in Japan Slows Sales in September

Green Car Congress

The expiration of a Japanese government subsidy program on 7 September for green vehicles slowed domestic sales in September. drop in new car sales, the first decrease in 14 months. Sales of subcompacts fell 12.2% Last-minute demand drove up overall sales between Sept. Sales for that period nearly tripled on the year to around 63,000. Nikkei.

2010 164

Hyundai Motor to accelerate transition into smart mobility solution provider

Green Car Congress

Hyundai Motor Company announced an updated roadmap for its future business Strategy 2025 at the 2020 CEO Investor Day’ forum held virtually in Seoul. Hyundai Motor’s updated strategy aims to achieve three major directives: Enhancing competitiveness of its automotive business through electrification; Establishing a foundation for becoming a leading mobility service; and. Hyundai Motor also unveiled its mid- to long-term financial goals, which include an investment of KRW 60.1

2020 290

Volvo Cars invests in designing and developing electric motors in-house

Green Car Congress

Volvo Cars says that it is making significant investments that allow for the in-house design and development of electric motors for the next generation of Volvo models, as the company continues to move towards becoming a fully electric car maker.

2020 213

Nissan targets 40% of US sales to be fully electric by 2030

Green Car Congress

Nissan North America has set a target that more than 40% of its US vehicle sales by 2030 will be fully electric, with even more to be electrified. Nissan Motor Co.,

Kia Motors to launch 7 new BEVs by 2027; BEVs to account for 25% of Kia global vehicle sales by 2029

Green Car Congress

Kia Motors Corporation previewed its global electric vehicle (EV) business strategy; the brand will launch seven new dedicated BEVs by 2027 across several vehicle segments. Kia Motors is also seeking to innovate its sales practices for EVs.

2020 213

General Motors set sales records in China in 2014

Green Car Congress

General Motors and its joint ventures sold a record 3,539,970 vehicles in China in 2014, an average of one vehicle every 9 seconds and almost 9,700 vehicles each day. GM’s sales were up 12.0% Domestic sales by Shanghai GM rose 13.1% FAW-GM’s domestic sales were down 29.4% Buick sales in China increased 13.5% The brand was led by the original Excelle family, which had sales of 293,098 units, and the Excelle XT and GT, whose sales were up 20.6%

Toyota develops packaged fuel cell system module for sale

Green Car Congress

Toyota Motor Corporation has developed a product that packages a fuel cell (FC) system into a compact module; the company plans to begin selling it in the spring of 2021 or later.

Pre-sales begin for Volkswagen Tiguan PHEV SUV in Europe

Green Car Congress

In Hybrid mode, the electric motor supports the 1.4-liter TSI engine and acts like an additional booster. In this, the electric motor and TSI engine join forces, together generating a maximum system torque of 400 N·m.

2020 345

Honda Motor Europe: 2/3 of European sales to feature electrified powertrains by 2025; “Electric Vision”

Green Car Congress

Speaking at the 2017 Geneva Motor Show, Honda Motor Europe’s President and COO, Katsushi Inoue outlined Honda’s commitment to an electric future in Europe, with a specific aim to have electrified powertrains in two-thirds of Honda cars sold in Europe by 2025. The first new hybrid model, which will feature Honda’s two-motor hybrid system, will go on sale in 2018. Autonomous driving Electric (Battery) Europe Forecasts Sales Vehicle Manufacturers

2017 163

Green car subsidies boost vehicle sales

Green Cars News

Japanese car buyers are reaping the rewards of government subsidies for environmentally friendly cars. The subsidies, which are due to expire at the end of September, helped sales of new vehicles in the country climb by 12.9 The Toyota Motor Corporation saw its sales shoot up by 19.1 [.]. Tags: Green cars Honda Latest news Mitsubishi Toyota mazda green car subsidies japan Japanese car sales

2010 39

KBA: Alternative drives accounted for around 25% of new vehicle sales in Germany in 2020; 13.5% with electric drive

Green Car Congress

Alternative drives (battery-electric, hybrid, plug-in hybrid, hydrogen fuel cell, gas, and hydrogen) took up around a quarter of all new light-duty vehicle registrations in Germany in 2020, according to figures from the KBA (Federal Motor Transport Authority). The number of newly registered passenger cars powered solely by electricity grew significantly—+206% compared to 2019. Electric (Battery) Europe Hybrids Market Background Plug-ins Sales

2020 254

Energica Vs Tesla, 2015 Chevy Volt Deals, 2015 Shanghai Auto Show Green Cars: Today's Car News

Green Car Reports

Today, we have a drag race between electric cars and an electric superbike, notable deals on the outgoing 2015 Chevrolet Volt, and a roundup of green-car debuts from the 2015 Shanghai Auto Show. All this and more on Green Car Reports. As General Motors prepares to end production of the 2015 Chevrolet Volt, a major clearance sale is underway to. Today in Car News

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