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 reported global sales of 48,520 in January, up 2% compared to the same month last year. of all Volvo cars sold globally during the month. The increase was led by markets such as the UK, Italy and Belgium. to 11,783 cars in January due to the timing of the Chinese New Year. US sales reached 7,693 cars, up 8.2%
The Deloitte survey found global consumer interest in EVs is high. However, most global consumers, including those in the United States, would base their final decision on the greatest challenges associated with electric vehicles in the market today.: Click to enlarge. range, convenience to charge and purchase price of the vehicle.
a joint venture between carbon recycler, LanzaTech, Shougang Group, a leading Chinese iron and steel producer, and its New Zealand partner, TangMing, have successfully produced more than 9 million gallons of ethanol from recycled steel mill emissions in their first year of operation.
Earlier this year, Volvo announced a delay for the EV, saying that the global automotive landscape had shifted, making it more challenging to sell electric models. import rules placed heavy tariffs on Chinese-built vehicles, impacting Volvo’s parent company and the EX30. Additionally, changes in U.S.
delivery of its EX30 budget compact electric vehicle (EV) until 2025, as the company moves production from China to Belgium. “However, due to changes in the global automotive landscape, the introduction of the EX30 in the US will be delayed while we ramp up EX30 production at our plant in Ghent, Belgium.
The new JV, named “Leapmotor International,” will expand to sell Chinese EVs in Europe this fall, with additional markets to follow. billion stake in Chinese OEM Leapmotor. Today’s event is merely a confirmation of a launch we’ve been expecting for quite some time. We now have our answer. Source: Leapmotor International Leapmotor Intl.
With over 30,000 Superchargers globally, Tesla has the most robust electric vehicle charging infrastructure available. Tesla said it would also add Superchargers in Tianjin, Weifang, Qingdao, Urumqi, Taizhou, Guangzhou, and Changsha in May, expanding the presence of its Chinese infrastructure even further. I’d love to hear from you!
In addition to deploying the Chinese market, Total Energy’s charging pile business also involves important cities in many countries such as the Netherlands, Belgium, France, the United Kingdom and Singapore. First, the requirement for global carbon neutrality fundamentally drives the rise of the electrification era.
Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. The whole global market expansion is based on the strategic cooperation with Stellantis. The ultimate goal is the zero emission vehicles.
Europe’s automotive market appears to be normalizing,” said Felipe Munoz, Global Analyst at JATO Dynamics. Market share grew fastest in established EV markets Finland, Denmark, Belgium, the Netherlands and Luxembourg. Chinese brands now available. Chinese brands saw sales grow by 79% year-on-year. of total market share.
In September, the EX30 was the third best-selling Volvo model as EVs approached a quarter of global sales. Volvo EX30 drives EV sales growth in September Volvo sold 62,458 vehicles globally in September, an increase of 1% from last year. Volvo’s cheapest electric SUV is proving to be the growth driver the brand hoped for.
18 September 2024 Read next Tesla and BYD do battle in July’s global EV market 17 September 2024 EU new-car registrations declined sharply in August, marking their biggest drop since April 2022. Looking at the remaining five-digit total markets, both Belgium and Sweden saw registrations decline by 20.3%. fall in deliveries.
Four days after XPeng Motors first unveiled its new P7+ EV, hailed as the “world’s first AI car,” the Chinese Automaker showcased it to the European public during the Paris Motor Show. Following the event, pre-sales of the P7+ began in China, and XPeng shared initial pricing.
You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. They are likely a good deal younger, and perhaps rather more Chinese, than I am.
The Netherlands saw registrations leap 56.5%, while Belgium recorded a 15.1% Belgium saw a jump of 36.9%, while the Netherlands market improved 16%. Autovista24 special content editor Phil Curry examines the latest figures. Italy and Sweden also saw BEV registrations fall, by 14.8% respectively, albeit on lower figures. improvement.
For the second year in a row, Charged has partnered with the global engineering and consulting firm umlaut to test and compare the user experience at the top DC fast charging networks and bring you the 2021 EV Charging Infrastructure Benchmark. Ionity secured victory among the CPOs in Austria, Switzerland and Belgium.
China is the largest market in the world for passenger vehicles but its government also has very aggressive goals to dominate the global automotive stage as cars and trucks transition into hardware and software on wheels that are powered by batteries. BYD Factor Lancaster, CA – Source: BYD Bus. Polestar 2 – Source: Polstar.
Polestar’s ( NASDAQ: PSNY ) position as one of two global, pure electric vehicle makers was solidified with a strong Q3 earnings report that featured skyrocketing revenue and gross profit figures and an operating loss that was reduced by one-third. and the USA. ” R&D expenses were down 22 percent due to lower amortization.
Volvo is reportedly shifting EV production to Belgium ahead of schedule. Production of the new Volvo EX30 and EX90 is moving to Belgium to avoid expected tariffs on electric vehicles made in China. Volvo announced it planned to build its new low-cost EX30 at its Ghent plant in Belgium last October.
Volvo announced it’s delaying the EX30 launch in the US as it ramps up production in Belgium. Volvo sold 14,500 EX30 models globally in the first quarter of 2024 , nearly topping the EX40 (17,400). The announcement comes “due to changes in the global automotive landscape,” according to Volvo.
The EX30 was the first high-volume Volvo planned to be built only in China, for export to all global markets. In October, though, Volvo announced that, due to positive public reaction and high demand, it would add production of the EX30 to its factory in Ghent, Belgium, where the current XC40 Recharge and C40 EVs are built.
Volkswagen has already canceled plans for a new EV facility and delayed key model launches as it falls further behind Chinese automakers. Although it doesn’t sell cars in Belgium yet, NIO plans to launch there soon. tariff on imports to the EU, the Chinese EV maker is committed to expanding in the region.
Through the first six months of 2024, Volvo has sold nearly 48,000 EX30 models globally. Volvo EX30 Cloud Blue and Vapour Grey (Source: Volvo) Volvo is no longer accepting EX30 orders online On top of this, the EU recently introduced new tariffs on Chinese-made EVs that could impact profits.
Particularly, personal vehicles and trucks isolated account for greater than 25% of worldwide oil intake, in line with the Global Power Company. On the similar occasion, Chinese language carmakers are seizing this chance to achieve a more potent foothold within the Center Jap car marketplace.
If this trend continues, the end-of-year results could present an overall decline in vehicle registrations,” said JATO Global Analyst Felipe Munoz. Well, in Belgium, which incentivizes EVs by offering more favorable depreciation rates, EV sales increased by 48% in the first half. compared to the same period last year. “If Coincidence?
The company, which is majority-owned by China’s Geely, is also preparing for new EU and US tariffs on Chinese imports. Volvo CEO Jim Rowan during the EX30 launch (Source: Volvo Cars) The company confirmed plans to begin building EX30 models at its Ghent plant in Belgium in the first half of 2025.
million) project is coordinated by steelmaker Arcelormittal Belgium NV. The project will build a demonstration plant of approximately 25,000 tons/ethanol per year—the first of its kind in Europe, and the largest facility globally built to date utilizing this technology. million (US$16.3-million) Earlier post.) Earlier post.)
Volvo adjusted its 100% EV sales goal and now expects 90% to 100% of global sales to be electrified by 2030. By the end of next year, Volvo sees 50% to 60% of global sales being electrified. The other is new tariffs on Chinese EVs in the EU and US, where the already popular EX30 is built.
Meanwhile, Belgium and the Netherlands have surpassed these two countries. New, stricter incentives were introduced at the beginning of the year, which impacted Chinese carmakers in the country. Many European and Chinese brands attended the Paris show, as well as other international marques. in January.
The EX30 was the first high-volume Volvo planned to be built only in China, for export to all global markets. In October, though, Volvo announced that, due to positive public reaction and high demand, it would add production of the EX30 to its factory in Ghent, Belgium, where the current XC40 Recharge and C40 EVs are built.
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