This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.
The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. Sales of Volvo Cars’ Recharge models made up 40% of all Volvo cars sold globally during the month. In February 2022, the share of all-electrics was only 8% (3,338 units out of 42,067).
BMW has begun production of the fully-electric BMW iX1 in Regensburg; all its German plants can now produce electriccars. By 2024, at least one in three BMWs coming out of its Bavarian plants will be an electriccar, said Milan Nedeljkovi?, The high-voltage battery in the BMW iX1 also comes from Regensburg.
Volvo Cars launched the battery-electric Volvo C40 Recharge; based on the CMA vehicle platform it is the first Volvo model designed as pure electric only. Following the introduction of the XC40 Recharge and now the C40 Recharge, Volvo Cars will roll out several additional electric models in coming years.
These will link up with a seven-speed Steptronic transmission with double clutch as standard, and their drive power will be channelled to the road via either the front wheels or the BMW xDrive intelligent all-wheel-drive system, depending on the model. All-electric BMW iX1 xDrive30. BMW iX1 – Gen5 BEV Technology.
The results of the Life Cycle Assessment (LCA) of greenhouse gas emissions and primary energy demand of the cars tested by Green NCAP in 2022 show that the current and continuous trend towards larger and heavier cars, significantly increases the negative impact on climate and energy demand.
Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040.
The sales growth was mainly led by the company’s fully electriccars. For the month of March, Volvo Cars sold 63,132 cars globally, up 8% compared with the same month last year. The share of fully electriccars (12,621 units) during the period ended up at 18%.
Volkswagen is launching its “Electric for All” campaign—a strategic effort to put attractive electric vehicles at affordable prices on the road, paving the way for the breakthrough of electric vehicles. Now, we’re transferring this know-how and this strategy to the electric age. The company is investing €1.3
As of 2026, Audi will only launch all-electric models onto the global market, gradually phasing out production of its combustion models by 2033. Based on this clear decision made as part of its Vorsprung 2030 corporate strategy, Audi is now taking steps to prepare its global facilities for the production of all-electriccars.
The Volkswagen Group is expanding its WeShare electriccar sharing project to Hamburg later this week; the pilot project launched in Berlin in 2019. We are all the more pleased that things are finally getting underway. —Philipp Reth, CEO of WeShare, Volkswagen’s car sharing service. Around 800 electric ID.3
The BMW Group has now reached an agreement to this effect with the Swedish startup H2 Green Steel (H2GS), which uses hydrogen and only green power from renewable energies for steel production. H2 Green Steel is building its steel production site in the province of Norrbotten in northern Sweden, close to the Arctic Circle.
This post focuses on minerals used uniquely in the manufacture of electriccars. The table below lists the weight (in kg) of the minerals used in a typical electriccar and a typical conventional car. Electriccars. Conventional cars. If the latter, what are the source countries? Rare earths.
Ford will offer a new generation of seven, all-electric, fully-connected passenger vehicles and vans in Europe by 2024. The announcement builds on the recent creation of the Ford Model e business unit focused on the design, production, and distribution of electric and connected vehicles ( earlier post ).
Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.
Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. The company’s fully electriccars were the main contributor to the growth, rising 196% during the period to 10,826 units (). The share of fully electriccars stood at 18%.
However, the research within IDTechEx’s “ Semiconductors for Autonomous and Electric Vehicles 2023-2033 ” report shows that trends within the automotive industry mean consumers will soon be caring far more about what chips are in their cars. Semiconductor devices found on autonomous electric vehicles.
Bentley Motors will launch five new electriccars from 2025. From 2025, the first Bentley electric vehicle will be designed, developed and produced at its headquarters in Crewe, England. Bentley also revealed a £2.5-billion billion (US$3.4-billion) billion) sustainable investment to realize this strategy.
A 20% increase in UK-generated electricity would be required to charge the current 252.5 billion miles to be driven by UK cars. The challenges set out in the letter are: The metal resource needed to make allcars and vans electric by 2050 and all sales to be purely battery-electric by 2035.
Juneau residents will begin to see Capital Transit’s first battery-electric bus in service and on the road tomorrow. This is the first electric bus owned and operated by a public transit agency in Alaska. Juneau Mayor Beth Weldon hosted the dedication ceremony of the first battery-electric bus to join Capital Transit’s fleet.
According to a new study published by the ifo Institue Center for Economic Studies (CESifo) in Germany, EVs will barely help cut CO 2 emissions in the country over the coming years, as the introduction of electric vehicles does not necessarily lead to a reduction in CO 2 emissions from road traffic given the current power generation mix.
WeShare, Volkswagen and ŠKODA’s free-floating electriccar sharing service, is to expand into seven more cities in Germany and other European countries in 2020. In all these cities, WeShare will be offering an all-electric fleet with a total of about 8,400 electric vehicles.
Charging and energy are becoming a core business for Volkswagen; the company is building a universal and seamless eco-system for charging its electric models. The across-the-board enhancement of the charging infrastructure is decisive for accelerating the ramp-up of the electric mobility campaign. million electriccars for a year.
Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electriccar, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos. Volvo XC40 Recharge powertrain.
With We Charge, customers will be able to charge their electric vehicles at more than 150,000 public charging points all over Europe. Volkswagen is thus rounding off its “charging ecosystem” that makes charging electric vehicles as convenient as possible. We Charge Plus is the tariff for all frequent drivers.
In 2021, the Volkswagen brand delivered more electrified vehicles worldwide than ever before, handing over to customers more than 369,000 electriccars (+73% versus 2020), comprising approximately 106,000 PHEVs (+33%) and 263,000 all-electric vehicles (+97%). The all-electric SUV ID.4 In Europe, the ID.4
At least a couple of presidents have been drivers of electriccars, but they're not all in the recent past. Long before Ike became perhaps the 20th century's most famous general, Eisenhower drove around in an early electriccar that belonged to his in-laws.
South Korea’s POSCO, one of the world’s top steel producers, is carrying forward a transition of its business structure to focus on “Green & Mobility”, based on various automotive capabilities in the group. The thinner the electrical steel is, the less the core loss. —POSCO CEO Jeong-Woo Choi. Hyper NO and traction motor.
As part of this effort, by the early 2030s every all-new Nissan vehicle offering in key markets—Japan, China, the US and Europe—will be electrified. Nissan’s ambition also expands upon past initiatives under the Nissan Green Program and the company’s ongoing work to minimize the carbon footprint of its products and operations.
The European Association of Automobile Manufacturers (ACEA) has published an interactive map that illustrates the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and GDP per capita for each of the 27 EU member states and the United Kingdom. Across the EU, 3.0%
A new study from researchers at MIT uncovers the kinds of infrastructure improvements that would make the biggest difference in increasing the number of electriccars on the road, a key step toward reducing greenhouse gas emissions from transportation. A paper on the findings is published in Nature Energy.
The Audi Group has started off 2023 with strong delivery figures in nearly all core regions. In the first quarter, Audi delivered 34,584 (Q1 2022: 24,236) electriccars, an increase of around 43% above the previous year’s figure. The share of electric vehicles delivered rose from 6.2 The operating profit climbed to €1.8
Rolls-Royce Motor Cars unveiled Spectre, its “Ultra-Luxury Electric Super Coupé” that is the successor to the Phantom Coupé. Spectre possesses all the qualities that have secured the Rolls-Royce legend. Spectre possesses all the qualities that have secured the Rolls-Royce legend.
At CES 2022, Vietnam-based VinFast announced its new development strategy and revealed its complete electric vehicle lineup covering five segments. The company will instead focus research and development efforts on all-electric powertrains for their vehicles.
3 has set its first range record—the electriccar covered the 531 kilometers (330 miles) from Zwickau to Schaffhausen (Switzerland) on a single charge. 3 1st Pro Performance with a 58 kWh battery built at the Zwickau electriccar factory. All conversion work will be completed as scheduled this year.
Germany is adding another €100 million to its successful promotion of private charging stations for electriccars in residential buildings, bringing the total to €500 million. We want more climate protection, more clean electriccars on our roads and more use of greenelectricity. Electrical connection.
Thorsten Nicklaß, formerly CEO of the Digital Energy Solutions joint venture and now designated CEO of Elli, announced that the new Volkswagen Group company would also offer to customers outside the Group green power from renewable sources that was 100% CO 2 -neutral. —Thorsten Nicklaß. Up to the market launch of the Volkswagen ID.,
Volkswagen also offers proprietary wallboxes, charging services and green power tariffs via its subsidiary Elli. Under its long-term planning for the next ten years, the Group intends to launch some 70 all-electric models by 2030. The Planning Round envisages production of approximately 26 million fully-electriccars by 2030.
Among all the new electriccars coming out this year, the Hyundai Ioniq 5 is the one that best shows that affordable EVs don’t have to look and feel like everything else. The Hyundai.
Battery production capacity equivalent to 18 million electriccars—1.2 Europe must act or risk losing it all. A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance.
Volkswagen has begun conversion of its Emden, Germany plant to support the production of Evs; the first electriccars are to roll off the production line there from 2022. With the conversion of our plant at Emden into a production location for electric vehicles, Volkswagen is forcing the pace of system change. 4 and the ID.3
In January, VinFast launched three electric smart cars: VF31, VF32, VF33. The VinFast VF33, an E-segment SUV, uses two 150 kW electric motors, with battery capacity of up to 106 kWh and range of up to 550 km (342 miles). The VF32 and VF33 electric versions will be sold in the US, Canada and Europe markets from 2022.
At the same time, the Volkswagen Group’s core product—the car—and the underlying business model are changing fundamentally. From 2026 onwards, the Group plans to start the production of pure electric vehicles on the SSP. This next generation will be all-electric, fully digital and highly scalable.
The Volkswagen brand provided a first glimpse of an all-electric Volkswagen with a starting price of less than €25,000: the ID. 2all concept car. The production version will be based on the MEB Entry platform and is one of ten new electric models that Volkswagen will launch by 2026. 2all for the European market in 2025.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content