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Subaru’s first global all-electric vehicle SOLTERRA makes world debut

Green Car Congress

In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. Subaru jointly developed the e-Subaru Global Platform together with Toyota Motor Corporation as a BEV-dedicated platform.

Global 432
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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

Li-ion 458
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MAN Truck & Bus will offer an eBus chassis for the global market; NMC and LFP battery options

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MAN Truck & Bus will in future be offering an eBus chassis for the global market. Analysts expect demand for electric buses to continue to rise in the coming years. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market.

Global 221
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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. million BEV units, Honda projects EVs will represent 36% of all its sales.

Hyundai 370
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Volvo Cars all-electric sales climb to 19% of all sales in February

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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. In February 2022, the share of all-electrics was only 8% (3,338 units out of 42,067).

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ABB-sponsored report suggests global plans for 80 new EV battery gigafactories insufficient

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A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.

Global 448
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Octillion Power Systems enters US bus market to supply batteries for motorcoaches, city buses

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Octillion Power Systems, a global provider of advanced lithium-ion batteries, is providing battery packs for all-electric motorcoaches and city transit buses offered by ABC Companies and Lightning eMotors. The order marks the company’s first time supplying batteries for motorcoaches and buses in North America.

Supplies 418