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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The capacity increase comes as Volvo Cars also reports its full-year sales results for 2020, which showed a strong growth in demand for the company’s Recharge models.

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Volvo Cars January global sales up 2%; Recharge models up 31%, for 40.7% of all cars sold

Green Car Congress

Volvo Cars reported global sales of 48,520 in January, up 2% compared to the same month last year. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 31% in January year-on-year, accounting for 40.7% European sales for January reached 21,436 cars, up 14.7% compared with January last year.

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ACEA: electric buses made up 4% of new bus registrations in Europe in 2019

Green Car Congress

tonnes) registered in the European Union were fueled by diesel; the market share of gasoline in this segment was close to zero. of the EU bus market in 2019, with electrically-chargeable vehicles (ECV) making up 4.0% France was the only market to post modest growth (+2.4%) in registrations of new diesel buses. Last year, 85.0%

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Northern Lights Energy and Reva Electric Car Company Sign Agreement to Develop the Electric Vehicle Market in Iceland

Green Car Congress

Northern Lights Energy ( NLE ), the initiator of the 2012 charging infrastructure project and provider of infrastructure and services for electric vehicles (EV) based in Iceland, has signed an agreement with Reva Electric Car Company to jointly develop the electric vehicle market in Iceland.

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BYD presents 3 BEV models for European market, reveals pre-sale prices

CN EV Post

BYD has announced the pre-sale prices for the Atto 3, Han, and Tang in Europe, where they will be delivered starting this year in Norway, Sweden, Denmark, the Netherlands, Belgium, Luxembourg, and Germany. The post BYD presents 3 BEV models for European market, reveals pre-sale prices appeared first on CnEVPost.

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Frost & Sullivan forecasts rapid growth in tire pressure monitoring systems market; $386.6M by 2018

Green Car Congress

The consultancy estimates that the market earned revenues of more than $111.7 By 2014, nearly 38% of vehicles in North America will feature TPMS—a 13% increase from 2011—thus, increasing the addressable market size. new analysis from Frost & Sullivan. million in 2011 will reach $386.6 million by 2018. —Kumar Saha.

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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. The business segment Chemicals & Materials will instead be the growth engine of the company.

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